Mixed-Income Chicago Development Breaks Ground (Chicago Housing Authority)

Date Published: 
March 8th, 2019

The 164-unit project is a collaboration between public and private entities. The property is located 4.5 miles south of downtown.

From Multi-Housing News:

Brinshore Development and Michaels Development Co. have started construction on the first phase of 4400 Grove, a 164-unit mixed-income community in Chicago’s Bronzeville neighborhood. Pappageorge Haymes Partners designed the project and general contracting duties will be shared by McShane Construction and UJAMMA Construction.

The Chicago Housing Authority, U.S. Bancorp and other lenders are part of the joint venture of public and private entities involved in this project. City of Chicago support includes $7.2 million in Tax Increment Financing, $1.9 million in Low Income Housing Tax Credits that will generate $17.8 million in equity and $783,000 in donation tax credit equity. A similar project, which received financing from the City of Chicago and the Chicago Housing Authority, broke ground last October.

 Read Multi-Housing News’ article “Mixed-Income Chicago Development Breaks Ground,” featuring the Chicago Housing Authority.

Resource type(s): 

Sorry, this content is only available to members.

If you're a member of CLPHA, please click here to log in.

If you have not created your CLPHA.org account, it’s easy to create one. Click here for step-by-step instructions.

You can also click here to watch a webinar site tour that shows CLPHA members how to create website accounts for themselves and provides an overview of the site's functionality.

Otherwise, we invite you to learn more about the many benefits of CLPHA membership.