preservation of affordable housing

South Chicago celebrates the preservation, restoration and reopening of community asset

The South Chicago community joined with Mayor Lightfoot, U.S. Representative Robin Kelly, and 10th Ward Alderwoman Susan Sadlowski Garza to celebrate the formal opening of…

Preservation of Affordable Housing closes on Island Terrace Apartments tower

Preservation of Affordable Housing (POAH) announced today it has finalized the acquisition of Island Terrace Apartments from PNC Bank. Located at 6430 South Stony Island,…

Preservation of Affordable Housing to tackle $30 million of renovations at 745-unit apartment project in Missouri

Preservation of Affordable Housing (POAH), a non-profit owner and developer of affordable housing, has closed on the financing to renovate the 745 apartments at Hawthorne…

POAH acquires affordable housing properties in North and South Side neighborhoods

Preservation of Affordable Housing (POAH) announced two new senior-focused housing deals in changing Chicago neighborhoods. In Rogers Park on the far north side, POAH closed…

Affordable Housing Investment Brokerage advises on Levy House sale

Affordable Housing Investment Brokerage (AHIB) announced that Levy House, located at 1221 W. Sherwin Avenue in Chicago’s East Rogers Park neighborhood, has sold for $8.1…

POAH expands Chicago affordable housing presence with Bridgeport, Uptown acquisitions

Preservation of Affordable Housing (POAH) is extending its reach in the Chicago market by acquiring five more affordable properties with 247 rental apartments from the…

Local and national developers team up to preserve affordable housing for seniors in South Chicago

At a time when many are worried about maintaining their homes, South Chicago residents received the good news that the two nonprofit community developers that…

ULI Chicago names nine winners at 2019 Vision Awards

Six projects, two programs and one young visionary were announced as winners at the 8th annual Urban Land Institute Chicago Vision Awards. The Vision Awards…

POAH acquires Chicago-area YMCA senior housing properties

Preservation of Affordable Housing (POAH) is acquiring six senior housing facilities financed by HUD and currently owned by YMCA Foundation entities. POAH will continue providing…

New Jewel ends 50-year food desert for Chicago’s Woodlawn neighborhood

The Preservation of Affordable Housing (POAH) joined with Chicago Mayor Rahm Emanuel and community members to celebrate the grand opening of a new Jewel-Osco store…

preservation of affordable housing

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