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Home First Assembles 25-Site Development to Protect Affordable Housing in Logan Square

Access Housing

Home First developed 54 community-integrated apartments across 25 sites in Chicago’s Logan Square neighborhood. Home First assembled LIHTC equity, grants, and loans to develop 25 two-, three-, and four-flat buildings for people with disabilities. The Energy Star Certified project combined new construction and rehabilitation on foreclosed, vacant, or underutilized sites. The project provides long-term affordability in a rapidly gentrifying community.

  • Location: Chicago
  • Completed: February 2017
  • Project Type: Supportive Housing
  • Total Development Cost: $19.8 million
  • Total Units: 54 Rehab & New Construction Units
  • IFF Role: Lender, Developer & Owner
  • Partnerships: Illinois Housing Development Authority, PNC Bank, Chicago Housing Authority Federal Home Loan Bank of Chicago, Access Living, Harry & Jeannette Weinberg Foundation, Illinois Department of Human Services, IFF