Affordable Housing

Construction begins on long-delayed Jefferson Park mixed-income community

With excavation started, a new seven-story, mixed-income apartment complex in Chicago's Jefferson Park neighborhood is now underway after a delay of nearly four years. Joseph…

Construction begins on mixed-use affordable living building in Oak Park

A new four-story, 37-unit affordable housing development is underway on a vacant lot at the corner of Oak Park Avenue and Van Buren Street in…

MinnesotaMultifamily

Real Estate Equities closes on affordable-housing development near Twin Cities

Real Estate Equities in late 2019 closed on Sonder House Apartments in Brooklyn Center, Minnesota. Sonder House will be an amenity-rich affordable housing development.

McShane starts construction on affordable mixed-use development in Maywood

McShane Construction Company has begun construction on a new affordable housing development for Interfaith Housing Development Corporation. Designed by HED Architects, Fifth Avenue Apartments will…

Henry Bros. Co. breaks ground on supportive housing development in Palatine

Henry Bros. Co. (HBCo) has broken ground on Spruce Village in Palatine, Illinois. The 32,900-square-foot complex will provide supportive affordable housing to adults with physical…

HOW hosts discussion on engaging affordable housing

On October 17th, Housing Opportunities for Women (HOW) hosted Building Opportunities, a panel discussion with four experts, representing diverse and intersecting fields, in conversation about…

Urban Innovations completes affordable housing project in Evanston

Urban Innovations completed construction of a ground-up, three-story, 16-unit affordable housing complex in Evanston, Illinois, on behalf of HOW, (Housing Opportunities for Women). The Chicago-based…

Evergreen Real Estate Group cuts ribbon on co-located senior housing/library in Irving Park

Evergreen Real Estate Group recently joined public-private partners for a ceremonial ribbon-cutting to celebrate the completion of Independence Apartments, a six-story, 44-unit affordable senior rental…

Avanath pays $55 million for affordable housing portfolio

Avanath Capital Management, a private real estate investment manager and Registered Investment Adviser, has purchased three affordable housing communities with a combined 317 units in…

The Habitat Company assumes management of 18 affordable housing communities in Chicago

The Habitat Company, a Chicago-based multifamily developer and property manager, has assumed management of 18 Chicago Housing Authority (CHA)-owned affordable housing communities in Chicago. The…