Ordinance SO2023-0001388
Passed
Issuance of multi-family housing revenue bonds and other financial assistance to Boulevard Apartments Preservation, LP for acquisition and rehabilitation of affordable housing at 1930-1938 N Humboldt Blvd, 929-935 N Sacramento Ave and 2212-2214 N Sacramento Ave
Auto-generated summary
The City of Chicago, tackling affordable rental housing shortage, uses Multi-Family Program Funds, STSC Bonds, and Community Development Block Grant funds for housing redevelopment. The city loaned funds to Boulevard Apartments Limited Partnership, affiliated with Rockwell and Bickerdike, for a 70-unit development. A new loan was approved for Boulevard Apartments Preservation LP, and the city consented to the payoff of the original loan and the conveyance of the project.
Alternate identifiers: O2023-0001388 , O2023-2325
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Johnson, BrandonPrimary Sponsor |
History
Locations mentioned
- 1930-1938 N Humboldt Blvd Chicago
- 929-935 N Sacramento Ave Chicago
- 2212-2214 N Sacramento Ave Chicago