CHA Board approves housing support for veterans, women experiencing homelessness and preservation of rental housing for families

July 17, 2018 01:50 PM
 

Press contacts:
Office of Communications – Chicago Housing Authority
Molly Sullivan: (312) 786-3344; msullivan@thecha.org
Matthew Aguilar: (312) 935-2646; maguilar@thecha.org

CHICAGO (July 17, 2018) - The Chicago Housing Authority’s Board of Commissioners today approved support for five developments that will bring 389 units of new or preserved affordable rental housing for veterans, women experiencing homelessness and families across the city.

The board approved housing assistance payment contracts (HAPs) and the use of Veterans Affairs Supportive Housing (VASH) vouchers for the units, ensuring the availability and long-tern affordability of housing.

“These developments underscore CHA’s commitment to providing housing for some of our most vulnerable residents including veterans and those experiencing homelessness,” said CHA CEO Eugene E. Jones, Jr. “It also demonstrates how we are working with our partners to preserve affordable rental housing for working families in neighborhoods across the city.”

In the first development, the board approved the allocation of 75 VASH vouchers for Roosevelt Road Veterans Studios developed by A Safe Haven Foundation. The 90-unit building will offer supportive services and studio apartments and will be constructed in the 2900 block of west Roosevelt Road in the North Lawndale community.

The board also approved 18 project-based vouchers and HAP payments for Sarah’s Circle Apartments. The 38-unit supportive housing development for homeless women will be developed by Sarah’s Circle, LLC in the 1000 block of West Leland Avenue in the Uptown community.

Approval also was granted for 60 project-based vouchers for Casa Veracruz Apartments. The Resurrection Project will invest more than $7.7 million to preserve and improve 155 units of affordable housing on 14 scattered sites in the New City, South Lawndale, and Lower West Side/Pilsen communities. CHA’s vouchers will create additional affordable housing opportunities in those communities, expanding CHA’s reach and investment in neighborhoods.

Support for two developments in the Woodlawn community was also approved.  Preservation of Affordable Housing, Inc. or POAH will invest more than $9.9 million to preserve and improve 106 units of affordable housing.   CHA’s investment of vouchers will provide financial stability for families, as well as financial stability for the long-term future of the buildings.  CHA will serve as administrator for HUD-funded Rental Assistance Demonstration vouchers (RAD2) to assist 29 units at the Eddie Mae and Alex Johnson Apartments, a 64-unit building in the 6200 block of South Dorchester Avenue; and 23 units at Butler Lindon Apartments, a 42-unit development in the 6100 block of South Kenwood Avenue.