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 properties add 4,479 rental units to the portfolio of the Habitat Affordable Group, the company’s affordable housing division, which now operates more than 12,000 units across three states.
“Our longstanding partnership with the Chicago Housing Authority has been mutually beneficial and we are honored that the CHA continues to entrust us with the property management of their communities,” said Kimberly Sisney, vice president at Habitat Affordable Group. “We have doubled our support staff at the Chicago regional office to ensure we can provide our residents with customer service excellence and responsiveness for these additional 18 communities.”
The 18 CHA properties now under Habitat’s management are scattered throughout the city’s West and South sides and include:
Long Life: 344 W. 28th Place; 116 apartments
Patrick Sullivan Apartments: 1633 W. Madison Street; 482 apartments
Albany Terrace Apartments.: 3030 W. 21st Place; 350 apartments
Fannie Emmanuel: 3916 W. Washington Boulevard; 181 apartments
Irene McCoy Gaines: 3700 W. Congress Parkway; 151 apartments
Lorraine Hansberry: 5670 W. Lake Street; 169 apartments
Alfred Barnett Duster: 150 S. Campbell Avenue; 129 apartments
Las Americas: 1611 S. Racine Avenue; 212 apartments
Armour Square: 3250 S. Wentworth Avenue; 393 apartments
Elizabeth Davis: 440 N. Drake Avenue; 149 apartments
Lincoln Perry Apts.: 3245 S. Prairie Avenue; 442 apartments
Mary Jane Richardson-Jones: 4922 S. Langley Avenue; 266 apartments
Ada S. Dennison-McKinley: 661 E. 69th Street; 125 apartments
Kenneth Campbell Apartments: 6360 S. Minerva Avenue; 165 apartments
Vivian Carter: 6401 S. Yale Avenue; 221 apartments
Minnie Riperton Apartments: 4250 S. Princeton Avenue; 335 apartments
Judge Slater Apartments: 4218 S. Cottage Grove Avenue; 402 apartments
Major Robert Lawrence Apartments: 655 W. 65th Street; 191 apartments
“There’s not enough affordable housing in Chicago to meet demand, so it’s important that these residents are taken care of and the buildings maintained,” said Sisney. “The addition of these properties to our management portfolio supports Habitat’s goal of not only growing the portfolio, but also ensuring there is quality housing available across all income levels.”
Habitat started as an affordable housing developer on Chicago’s South Side in 1971, growing to become one of the largest multifamily developers, owners and managers in the country. Today, the company is the largest private property manager for the CHA, with 8,215 CHA units in its portfolio. Including market-rate units, Habitat’s management portfolio comprises more than 22,000 apartments across six states, of which more than half are affordable housing.
