The projects include a developer who wants to adaptively reuse a former Chicago Public School building for re-entry housing and a project that is the city’s first development in partnership with and for Indigenous people.
The city is investing about $1 billion in 24 proposed developments that will create affordable housing around Chicago, officials announced Monday.
The 24 proposed developments — a mix of new construction projects and preservation and rehabilitation work — are expected to create 2,428 units of affordable housing. They include a developer who wants to adaptively reuse a former Chicago Public School building for re-entry housing and a project that is the city’s first development in partnership with and for Indigenous people, according to the city.
“Investing in affordable housing is a critical component to creating an equitable,
strong city,” Mayor Lightfoot said in a news release. “I am thrilled that we’ve been able to expand our investments in affordable housing to move us closer towards that vision for our city.”
