full report 2015,1 - chicago · his document is the 2015 first quarter progress report on the...

City of ChicagoRahm Emanuel, Mayor

2014-2018Chicago Five-Year Housing Plan

—

Housing Plan 20 –201 Quarter ending 201

LETTER FROM THE COMMISSIONER

We are pleased to submit the 2015 First Quarter Progress Report, which presents the Department of Planning and Development’s progress on the goals set forth in the City’s Five-Year Housing Plan. With this report we begin the second year of the plan, Bouncing Back, which covers the years 2014-18.

During the first quarter of 2015 the City approved funding for three multi-family development projects and enacted major revisions to the Affordable Housing Requirements ordinance, which requires developers to create affordable units in market-rate housing developments assisted by the City.

As we do at the beginning of each year, the Department is also releasing estimates of housing production under our programs for the full year of 2015. This year we expect to deploy more than $ million to assist o , units of housing, through programs in the following three categories:

• To Create and Preserve Affordable Rental Units: $ . million to assist , units • To Promote and Support Homeownership: $ . million to assist units • To Improve and Preserve Homes: $ . million to assist , units

The Department’s resources also include over $3 million for other initiatives, including delegate agency pro-grams that complement our housing production efforts.

To help readers better understand the production tables included in these quarterly reports, we have included a user’s guide to the Department’s housing development and preservation programs. The guide is organized by the three main categories of work as outlined above; it offers a brief description of each program along with information about funding sources and reporting methodologies.

The Department of Planning and Development (DPD) is the lead agency for the City’s affordable housing, housing preservation and homebuyer assistance programs. DPD also promotes economic development by help-ing existing businesses grow and attracting new industry to the city, and it coordinates all of our zoning, land use planning, sustainability and historic preservation initiatives.

We at DPD could not succeed in our work without the ongoing support and cooperation of our valued part-ners—neighborhood and business groups, elected officials, state and federal agencies, and other community stakeholders. Through these efforts, we will continue to move forward in creating and preserving affordable housing for the people of Chicago.

Andrew J. Mooney CommissionerDepartment of Planning and Development

TABLE OF CONTENTS

INTRODUCTION PAGE Creation and Preservation of Affordable Rental Units 2 Multi-Family Rehab and New Construction

Promotion and Support of Homeownership

Improvement and Preservation of Homes

Policy, Legislative Affairs and Other Issues

APPENDICES

REFERENCE1. Chicago Metropolitan Area Median Incomes2. City of Chicago Maximum Affordable Monthly Rents

1. 2015 Estimates of Production by Income Level 2. Commitments and Production Comparison to Plan3. Production by Income Level4. Summaries of Approved Multi-family Developments

• 65th Infantry Regiment Veterans Housing • Park Place Family Apartments • Hilliard Homes Window Replacement. Multi-family Loan Commitments

. Housing Tax Credit Commitments

. Chicago Low-Income Housing Trust Fund Commitments

. Troubled Buildings Initiative (Multi-family)1 . TIF Neighborhood Improvement Program

(Single-family) 1 . Historic Chicago Bungalow Initiative1 . Neighborhood Lending Program 1 . Neighborhood Stabilization Program Activity1 . Status of Neighborhood Stabilization Program

Properties1 . Affordable Housing Opportunity Fund1 . Affordable Requirements Ordinance1 . Density Bonus Commitments1 . CHA Plan for Transformation Commitments

. Low-Income Housing Tax Credit Commitments


1

INTRODUCTION

This document is the 2015 First Quarter Progress

Report on the Chicago Department of Planning and

Development’s housing plan, Bouncing Back: Five-Year

Housing Plan 2014-2018.

For 2015, DPD has projected commitments of more than $

million to assist , units of housing.

During the first quarter of 2015, the Department committed

$ million in funds to support , units,

represents % of the 201 unit goal and % of the

resource allocation goal.


2

CREATION AND PRESERVATION OF AFFORDABLE RENTAL UNITSIn 2015, the Department of Planning and Development expects to commit $

million to support more than units of affordable rental housing using loans for new construction or rehab along with rental subsidies.

During the first quarter, DPD committed over $ million in resources to support units. These numbers represent % of the 2015 multi-family

multi-family goal.

The Department utilizes a variety of programs to support the creation and preservation of affordable rental housing. DPD’s major programs are briefly summarized below, along with an explanation of how we count financial commitments and units assisted through these programs in the tables attached to this report.

User’s Guide: Programs to Create and Preserve Affordable Rental Housing

Program Description Funding Source(s) Reporting Protocols(what gets counted and when)

Multi-family Loans Supports construc-tion or rehab of developments that will provide long-term af-fordable rental units.

HOME, CDBG, Af-fordable Housing Opportunity Fund, TIF and Corporate (including Density Bonus)

Financial commit-ments are reported at time of City Council approval of the devel-opment. Loan funds can be used in con-junction with MAUI, LIHTCs, DTCs and/or revenue bonds.

Low Income Housing Tax Credit Equity

Federal income tax credits to support con-struction or preservation of multifamily afford-able housing units.

Federal income tax credit @ 9% rate

If a development is receiving other City assistance, such as a loan or City-owned

-cial commitments are reported at time of City Council approval. If no other City assistance is being provided, the equity is reported at time of allocation of Low Income Housing Tax Credits, which by itself does not require City Council approval. Financial commitment reported is the value of the equity generated by the LIHTCs.


3


Multi-family Mort-gage Revenue Bonds

-ing for developers who build or reha-bilitate large housing developments for low- and moderate-income renters; also gener-ates private equity investment.

City tax-exempt bond-ing authority, with an automatic allocation of 4% Low Income Housing Tax Credits

Financial commit-ments are reported at time of City Council approval.

City Land Donates City-owned land to multifamily rental developments in exchange for long-term affordability.

Donated land value can generate private equity through Donations Tax Credit Program

Financial commitments are reported at time of City Council approval. Financial commitment is the value of the land write-down.

Donation Tax Credits (DTCs, also known as Illinois Affordable Housing Tax Credits)

A $0.50 State of Illinois income tax credit for every $1 that is donated to an eligible affordable housing development. DPD allocates 24.5% of the amount of credits authorized by the State.

State of Illinois income tax credit

DPD reports the value of the donation and/or any equity generated by the sale of the tax credits. If the develop-ment is receiving other City assistance, such as a loan or City-owned

commitments and units assisted are counted at time of City Council approval. If no other City assistance is being provided, the dona-tion or equity and units assisted are counted at the time of reservation of the tax credits, which by itself does not require City Council approval.


4


Affordable Require-ments Ordinance (ARO)

Per City ordinance, developments with more than 10 units receiving City zoning changes (including planned developments in a downtown zoning district), City land or

must make 10-20% of units affordable.

AHOF Financial commit-ments and units as-sisted are reported af-ter payment of in-lieu

-able housing covenant securing construction of required afford-able units. This does not necessarily mean these units are under construction, but does imply that they are ready to begin con-struction, since the building permit may not be released until the covenant has been recorded. The Quar-terly Report shows all projects approved subsequent to the 2007 updates to the ARO.

Low Income Housing Trust Fund Rental Sub-sidy Program

Provides rental subsi-dies to landlords for tenants whose earnings

.

State of Illinois Rental Subsidy Program and Corporate funds

Financial commitments and units assisted are counted after DPD has a signed agreement with the landlord. Payments to landlords are made quarterly, but the annual

for each unit is reported

each year. Because new landlord agreements are signed throughout the year, any net change in

and units assisted is reported quarterly.


5


Multi-year Affordabil-ity through Up-front Investments (MAUI)

Provides up-front -

ments in exchange for long-term affordabil-ity for units that serve households making no more than 30% of area median income.

State of Illinois Rental Subsidy Program, Downtown Density Bonus funds

Financial commit-ments are reported at time of Chicago Low Income Housing Trust Fund board approval.

Heat Receiver In cases where buildings do not have functional heat and/or hot water, the City can initiate a process to appoint a receiver to make neces-sary repairs and restore heat and hot water to tenants.

CDBG Units are counted when they enter court-ordered receivership.

Troubled Buildings Initiative Multi-family

With Community In-vestment Corporation (CIC), Department of Buildings, Department of Law and other City departments, DPD iden-

and designates receivers to manage deteriorating and troubled properties. CIC manages proper-ties on an interim basis, assesses the scope of work needed to preserve buildings and makes loans to new owners to

rehabilitation.

CDBG Units are counted only

the following catego-ries: under rehab, in re-ceivership or recovered. Units are not counted again if their status changes. Financial commitment is recorded per receipt of invoices from CIC.

TIF Purchase Rehab Program – Multi-family

Provides forgivable loans or recapturable grants to developers for purchase and rehab of 5+ unit rental properties made available to low- and moderate-income tenants in designated TIF area(s). Adminis-tered by CIC.

TIF funds Financial commitments and units assisted are counted after the loan or grant closes.


6


Neighborhood Stabili-zation Program

Provides up-front -

ments in exchange for long-term affordabil-ity for units that serve households making no more than 30% of area median income.

State of Illinois Rental Subsidy Program, Downtown Density Bonus funds

Financial commit-ments are reported at time of Chicago Low Income Housing Trust Fund board approval.

Multi-family Rehab and New Construction

65th Infantry Regiment Veterans Housing

A 49-unit affordable apartment development for veterans and their families will be built in West Town through a financing package approved by the City Council on January 21.

Occupying a one-acre site at 1045 N. Sacramento Blvd., 65th Infantry Regiment Veterans Housing will contain a mix of one-, two- and three-bedroom apartments for veterans earning up to 60 percent of area median income. The four-story, elevator building, to be developed by Hispanic Housing Development Corp., will also feature a fitness room, computer center, library, community space and offices. Social services will include case management, employ-ment training and support groups for veterans’ needs. Staff support will be provided by the nearby Norwegian American Hospital, which is also donating land for the development.

The City will assist the $1 million project with a $1.5 million loan and $11.6 million in Low Income Housing Tax Credit equity. Other funding will include an energy grant from the state and a private mortgage loan. Rents on all of the units will be supported through project-based HUD rental assistance vouchers.

This 49-unit apartment development in the 26th Ward will be named in honor of the 65th Infantry, a Puerto Rican regiment of the U.S. Army that was awarded a Congressional Gold Medal in 2014 for more than a century of heroism and service.


7

Park Place Family Apartments

On March 18 the City Council approved the construction of a $2 . million affordable apart-ment complex for families in the West Elsdon community.

Park Place Family Apartments will contain 78 one- to three-bedroom apartments located in fourteen 3-story buildings to be constructed at 5001 S. Lawndale Ave. Apartments will be leased to households earning up to 60 percent of area median income. The project is the first phase of a planned development that will also include affordable senior apartments, for-sale townhomes, a community center and a park. City support for the project will include a $6. million loan, $1 . million in Low Income Housing Tax Credit equity and $875,000 in onations ax credit quity. Other funding sources include a $1 million community development grant from Bank of America and a pri-vate mortgage loan. The developer Brinshore Development LLC.

mixed-use redevelopment of a 14.2-acre site in the 14th Ward.


8

Hilliard Homes Window Replacement

On March 18 the City Council approved two loans totaling $560,000 for replacement of windows at the 654-unit Hilliard Homes, a historically significant, low-income rental devel-opment on the Near South Side. The existing windows were preserved in the early 2000s when Hilliard was rehabbed under guidelines established by the State Historic Preservation Office (SHPO). These windows have undergone severe deterioration over time, and SHPO has approved their replacement with new windows that replicate the original designs.

Located at the intersection of Clark Street and Cermak Road in the 3rd Ward, Hilliard Homes contains a total of 352 senior and 302 family units in two 16-story senior buildings and two 22-story family buildings. The window replacement work, which will be financed through a combination of City loans, CHA funds and Hilliard’s cash reserves, will be completed in two phases encompassing 100 units on the lower four floors of the buildings. The developer is Holsten Real Estate Development Corp.


PROMOTION AND SUPPORT OF HOMEOWNERSHIP

In 2015, the Department of Planning and Development expects to commit over $ million to help households achieve or sustain homeownership. DPD initiatives supthe construction of new homes, the acquisition and rehab of deteriorated and abandoned properties and financing programs for home purchase and rehabilitation.

During the first quarter, the Department committed over $ million to support units, achieving % of the 2015 homeownership resource allocation goal and % of the homeownership unit goal.

The Department utilizes a variety of programs to support and promote homeownership. DPD’s major programs are briefly summarized below, along with an explanation of how we count financial commitments and units assisted through these programs in the tables attached to this report.

User’s Guide: Programs to Promote and Support Homeownership

9


Affordable Require-ments Ordinance (ARO)

Per City ordinance, developments with more than 10 units receiving City zoning changes (including planned developments in a downtown zoning district), City land or additional City

10-20% of units af-fordable.

AHOF Financial commit-ments and units as-sisted are reported af-ter payment of in-lieu

-able housing covenant securing construction of required afford-able units. This does not necessarily mean these units are under construction, but does imply that they are ready to begin con-struction, since the building permit may not be released until the covenant has been recorded. The Quar-terly Report shows all projects approved subsequent to the 2007 updates to the ARO.



City Lots for City Living Developers purchase vacant City-owned lots at discounted prices for construction of afford-able, 1- to 3-unit, for-sale residences. Home-buyer’s income cannot exceed 120% of AMI.

No dedicated funding source

Financial commitments are reported at time of City Council approval. Financial commitment is the value of the land write-down.

Troubled Buildings Initiative – Single-family

DPD works with Neighborhood Housing Services Redevelopment Corporation (NHSRC) and other developers to rehab vacant 1- to 4-unit properties for sale or rent to low- and moderate-income house-holds. Also supports receivership activities on vacant or troubled 1- to 4-unit properties.

CDBG & Corporate Units are counted only

the following catego-ries: under rehab, in re-ceivership or recovered. Units are not counted again if their status changes. Financial com-mitment is recorded per receipt of invoices from DPD’s partner organi-zations.

Neighborhood Stabiliza-tion Program – Single-family

NSP provides for the purchase and rehab of vacant, foreclosed homes in targeted areas. Mercy Portfolio Services is the City’s agent under NSP and is responsible for the acquisition and disposition of eligible properties.

HUD NSP grant funds and program income

NSP units are now counted after approval and commitment of funds for rehabilitation.

10 Housing Plan 20 –201 Quarter ending 201


TIF Purchase-Rehab Program – Single Fam-ily

Provides forgivable loans to low- and moderate-income home-buyers at 120% AMI or below for purchase and rehab of 1- to 4-unit home in designated TIF District(s). Currently limited to Chicago/Cen-tral Park TIF. Adminis-tered by NHS.

TIF funds Financial commitments and units assisted are counted when the loan closes.

TaxSmart Provides federal income tax Mortgage Credit

reducing income taxes by 20% of interest paid on a mortgage. The credit may be claimed each year through the life of the mortgage. Administered through private lending institu-tions.

Tax-exempt Single-fam-ily Mortgage Revenue Bonds

Units are counted when

-ment reported is the value of the mortgage of each property assisted under program.

Neighborhood Lending Program: Purchase & Purchase-Rehab Loans

Provides forgivable or deferred loans to low- and moderate-income homebuyers for the purchase or purchase-rehab of 1- to 4-unit homes. Administered by Neighborhood Hous-ing Services of Chicago (NHS). DPD funds are used to leverage an additional larger pool of loan funds from 18 private lenders.

CDBG & leveraged private funds

Financial commitments and units assisted are counted when the loan closes. The dollar value reported includes any permanent subsidy from DPD plus private

11

Neighborhood Lending Program: MMRP Home Purchase Assistance Grants

Provides forgivable loans or recapturable grants to low- and moderate-income home-buyers for purchase or purchase-rehab of 1- to 4-unit homes in MMRP areas. Administered by NHS.

CDBG Financial commitments and units assisted are counted after closing of loan or grant by NHS.


IMPROVEMENT AND PRESERVATION OF HOMES

In 2015, the Department of Planning and Development expects to commit nearly to assist more than households repair, modify or improve their homes.

During the first quarter, DPD committed $ million in resources to support units, achieving % of the 2015 improvement and preservation resource allocation goal

% of the improvement and preservation unit goal.

The Department utilizes a variety of programs for home improvement and preservation. DPD’s major programs are briefly summarized below, along with an explanation of how we count financial commitments and units assisted through these programs in the tables to this report.

User’s Guide: Programs to Improve and Preserve Homes

12


Roof and Porch Repairs (formerly EHAP)

Provides forgivable loans to owner-occu-pants of 1- to 4-unit residential buildings for repair or replacement of roofs and porches where life-threatening or hazardous conditions are present.

CDBG Financial commit-ments and units assisted are counted following receipt of the Job Order Contract bid by DPD Construction Division.




Emergency Heating Re-pairs (formerly EHAP)

Provides forgivable loans to owner-occu-pants of 1- to 4-unit residential buildings for emergency heating system repairs.

CDBG Financial commit-ments and units assisted are counted following receipt of the Job Order Contract bid by DPD Construction Division.

Small Accessible Repairs for eniors (SARFS)

Provides enabling devices & limited, non-emergency home improvements to residences occupied by low-income senior citizens. Administered by community-based delegate agencies.

CDBG Financial commitments and units assisted are counted after comple-tion of work by delegate agency. Reported commitments include delegate agencies’ construction costs and administrative expenses.

Single-Family TIF Neighborhood Improve-ment Program (TIF-NIP)

Provides grants to homeowners primarily for exterior improve-ments. Program oper-ates in designated TIF districts and is admin-

community partner.

TIF funds Financial commitments and units assisted are counted after DPD receives invoice from

organization.

Neighborhood Lend-ing Program: Home Improvement Loans

Provides loans to low- and moderate-income homeowners for home improvement. Ad-ministered by NHS. Includes forgivable loans to income-eligible homeowners for façade improvements in des-ignated Target Blocks. DPD funds are used to leverage an additional larger pool of funds from 18 private lenders.


Financial commitments and units assisted are counted after loan closes. The dollar value counted includes any permanent subsidy from DPD, along with private


Neighborhood Lending Program: MMRP Home Improvement Grants

Provides forgivable loans or recapturable grants to low- and moderate-income homeowners in MMRP areas for home improve-ments related to health and safety or energy

by NHS

CDBG Financial commitment and units assisted are counted after loan or grant closes and work is completed.

Neighborhood Lending Program: Foreclosure Prevention Loans

Provides forgivable or deferred loans to low- and moderate-income homeowners to prevent foreclosure. Admin-istered by NHS. DPD funds are used to lever-age an additional larger pool of loan funds from 18 private lenders.


Financial commitments and units assisted are counted when the loan closes. The dollar value counted includes any permanent subsidy from DPD plus private

Historic Bungalow Initiative

In partnership with His-toric Chicago Bungalow Association, provides

improvements to own-

Chicago Bungalows.

City of Chicago Energy Savers grants; Illinois DCEO funds; Peoples Gas Settlement Fund; E12 Rebates

Financial commitments and units assisted are counted when HCBA approves homeowner request for payment and transmits to City’s Department of Finance for processing.


The Affordable Requirements Ordinance (ARO) was originally enacted in 2003 and amended in 2007 to create affordable units in market-rate developments. ARO is triggered whenever a development project receives a zoning change, City land or financial assistance, or is located in a downtown Planned Development and includes a residential component containing ten or more units. Under the current ordinance, developers must either make 10% of the new units affordable (20% if direct financial assistance is being provided by the City) or pay an in-lieu fee of $100,000 for each required unit.

The revised ordinance will:

• Designate three types of development zones in the city, defined as downtown, higher-income areas and low/moderate-income areas

• Adjust in-lieu fees for units not provided on-site, increasing them to $175,000 downtown and $125,000 in higher-income areas, and reducing them to $50,000 in low/moderate-income areas

• Require downtown developers to pay the higher of their ARO or density bonus fees as determined by ordinance

• Require 1/4 of the mandated 10% affordable units (20% if the City provides financial assistance) to be provided on-site, with certain limited exceptions for downtown and higher-income area projects, including a $225,000/unit buyout for downtown for-sale projects

• Authorize a density bonus for affordable units located close to transit• Incentivize developers to make units available to the CHA• Expand the pool of eligible homebuyers by increasing the maximum income for

purchasers to 120% of AMI• Increase the ARO allocation to the Chicago Low-Income Housing Trust Fund from 40%

to 50% of in-lieu fees collected by the City

The changes will go into effect on October 12, 2015, with the new fees phased in over the twelve months following the ordinance’s publication.

15

POLICY AND LEGISLATIVE AFFAIRS

ARO Updated in Response to ChangingHousing Markets and Needs

Updates to the Affordable Requirements Ordinance approved by the City Council on March 18 are expected to generate 1,200 new units and $90 million in funding for affordable housing over the next five years. The changes will: establish three development zones in the city to reflect differing housing markets and needs; mandate higher in-lieu fees; and requirements for creation of affordable units on-site.


The program was piloted during the spring of 2014 in Englewood and Woodlawn, where approximately 300 parcels were sold through the program. An additional eleven lots in Englewood were approved for sale in March along with the East Garfield Park properties. Applications were also accepted by the City for lots in the Austin community through January 2015.

Large Lots applicants are required to own property on the same block, be current on property taxes and have no financial obligations to the City. All lots are sold “as is” via quit claim deed. For more information on the program, visit LargeLots.org.

This lot is one of some 300 sold to Englewood homeowners in the

Lots Program. On March 28 the Local Initiatives Support Corporation and Teamwork Englewood conducted a free workshop to help buyers identify new uses for their freshly acquired land.

16

179 Lots in East Garfield Park Approved for $1 Sales to Local Property Owners

On March 18 the City Council approved the sale of 179 parcels of vacant, City-owned land in the East Garfield Park community through the Department of Planning and Development’s new Large Lots Program. The lots had been offered for sale in the summer of 2014 under the second round of the program, which makes vacant, City-owned land available for $1 to neighboring homeowners and community organizations.

The Large Lots Program was the first initiative launched by the City as part of Mayor Emanuel’s Five Year Housing Plan, which will invest $1.3 billion from 2014-2018 to create, improve or preserve more than 41,000 units of housing.


For more information on the report, please visit the Woodstock Institute website at:http://www.woodstockinst.org/press-release/chicago-region-sees-double-digit-declines-foreclosure-filings-and-auctions.

Neighborhood Stabilization Program Update

Although the City has now expended the last remaining funds out of a total of $169 million in NSP grants awarded by HUD since 2009, we will continue to report on NSP during 2015 until the final buildings have been completed.

Through the end of the first quarter, a total of 861 units in 197 properties have been acquired using funds from Chicago’s three NSP grants. Construction has started on 800 units in 164 properties; 804 units (168 properties) have been finished or are nearing completion. One hundred fifty-seven units (111 properties) have been sold to qualified homebuyers, and 40 multi-family properties containing 591 units have been fully rented out. A list of all properties that have been assisted through NSP can be found in the Appendix. An updated version of this list is available http://www.chicagonsp.org/index.html.

17

Chicago Foreclosure ActivityPosts Major Decline in 2014

A recently released report by the Woodstock Institute found that foreclosure activity continued to slow in Chicago during 2014, accelerating a trend that had emerged in 2013. Citywide foreclosure filings fell by 32% from the previous year, almost matching a 34% drop in the full six-county region. Community areas with the largest decreases in foreclosures included North Center (down 64%), Armour Square (down 62%), and West Ridge (down 55%). Only three communities recorded higher levels of foreclosure filings: Hyde Park (up 20%), Calumet Heights (up 11%), and Morgan Park (up 2%).

Equally noteworthy, foreclosure auctions also showed a major decline in 2014, falling by 23% in the city—a significant improvement from the 6.5% decline in 2013. As a result, notes Woodstock,

The percentage of properties sold at foreclosure auctions becoming bank-owned the lowest level since the beginning of the foreclosure crisis…. While the

trends are positive, over 90 percent of properties sold at auction in many moderate-income communities and communities of color are still

tatus, presenting an increased risk of blight in the near future.


APPENDICES

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lann

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men

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MEN

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DU

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312

31

2

Appendices - 4

Dep

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men

t C

OM

MIT

MEN

TS A

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Appendices - 5

Dep

artm

ent

of P

lann

ing

and

Dev

elop

men

t

PRO

DU

CTI

ON

BY

INC

OM

E LE

VEL

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valu

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Appendices - 7

[This page intentionally left blank]

Appendices - 8

City of Chicago

Department of Planning and Development

Summaries of Approved Multifamily Developments First Quarter 2015

65th Infantry Regiment Veterans Housing Hispanic Housing Development Corporation

1045 N. Sacramento Avenue

Park Place Family Apartments Brinshore Development LLC

5001 S. Lawndale Avenue

Hilliard Homes Window Replacement Holsten Real Estate Development Corporation

2031 S. Clark Street 2111 S. Clark Street 2030 S. State Street 30 W. Cermak Road

Appendices - 9

Hispanic Housing Development Corp.

Non-Profit

65th Infantry Regiment Veteran’s Housing 1045 N. Sacramento Boulevard

26th WardAlderman Roberto Maldonado

West Town

January 21, 2015

Construction of a four-story, 49-unit affordable rental project serving veterans and their families. The unit mix will consist of 24 one-bedroom units, 13 two-bedroom units and 12 three-bedroom units. The building will also contain a fitness room, computer center, library, community space and offices. The development is named in honor of the 65th Infantry, a Puerto Rican regiment of the U.S. Army that was awarded a Congressional Gold Medal in 2014 for more than a century of heroism and service.

$1,140,003 in 9% credits generating $11,628,031 in equity

$1,500,000

Appendices - 10

1 bedroom / 1 bath 5 $774 30% AMI1 bedroom / 1 bath 19 $774 60% AMI2 bedroom / 1 bath 2 $929 30% AMI2 bedroom / 1 bath 10 $929 60% AMI3 bedroom / 2 bath 3 $1,072 30% AMI3 bedroom / 2 bath 9 $1,072 60% AMI2 bedroom / 1 bath 1 Janitor’s unit

*Landlord pays all utilities.

Acquisition $ 60,000 $ 1,224 0.4%Hard Costs $ 10,609,750 $ 216,526 70.8%Soft Costs $ 3,069,984 $ 62,653 20.5%Developer Fee $ 1,236,872 $ 25,242 8.3%

LIHTC Equity $ 11,628,031 $ 237,307 77.6%DPD Loan $ 1,500,000 0% $ 30,612 10.0%DCEO Energy Grant $ 198,806 $ 4,057 1.3%Private Mortgage $ 1,340,000 2.9% $ 27,347 8.9%Deferred Developer Fee $ 309,769 $ 6,322 2.1%

Appendices - 11

Brinshore Development, LLP

For-Profit

Park Place Family Apartments 5001 S. Lawndale Avenue

14th WardAlderman Edward Burke

West Elsdon

March 18, 2015

Construction of 78 affordable rental units in fourteen new 3-story walk-up buildings. The apartments will consist of a mix of one-, two- and three-bedroom units, including 32 units affordable to families below 50% of AMI and 46 below 60% of AMI. Later phases of the development will include construction of affordable senior apartments, for-sale townhomes, a community center and a park.

$6,457,710

$1,666,790 in 9% credits generating $16,841,246 in equity

$935,561 in credits generating $875,000 in equity

Appendices - 12

1 bedroom / 1 bath 4 $518 50% AMI1 bedroom / 1 bath 5 $654 60% AMI2 bedroom / 1 bath 17 $623 50% AMI2 bedroom / 2 bath 25 $787 60% AMI3 bedroom / 1.5 bath 11 $719 50% AMI3 bedroom / 1.5 bath 16 $908 60% AMI

*Tenants pay cooking gas, gas heat, gas water heating and electric.

Acquisition $ 1,832,000 $ 23,487 7.1%Construction/Contingency $ 20,506,383 $ 262,902 79.1%Soft Costs $ 2,585,573 $ 33,148 10.0%Developer Fee $ 1,000,000 $ 12,821 3.9%

LIHTC Equity $ 16,841,246 $ 215,913 65.0%DPD Loan $ 6,457,710 0% $ 82,791 24.9%DTC Equity $ 875,000 $ 11,218 3.4%Private Loan $ 750,000 6.65% $ 9,615 2.9%Bank of America Grant $ 1,000,000 $ 12,821 3.9%

Appendices - 13

Holsten Real Estate Development Corp.

For-Profit

Hilliard Homes 2031 S. Clark Street 2111 S. Clark Street 2030 S. State Street 30 W. Cermak Road

3rd WardAlderman Pat Dowell

Near South Side

March 18, 2015

Replacement of windows in 100 units at Hilliard Homes, a landmark low-income rental development comprised of four high-rise buildings at Cermak Road and State Street. The existing windows were preserved in the early 2000s when the 654-unit development was rehabbed under guidelines established by the State Historic Preservation Office. Due to severe deterioration, the windows in all units on the first four floors will be replaced with new ones that replicate the original designs.

Two loans totaling $561,373

Window Replacement $ 941,570 $ 9,416 91.6%Legal Fees / Contingency $ 86,000 $ 860 8.4%

DPD Loans $ 561,373 0% $ 5,614 54.6%CHA Funds $ 466,197 $ 4,662 45.4%

Appendices - 14

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4824

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2 Page

1of

18

Appendices - 18

Chic

ago

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me

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tFun

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ntal

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Prog

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Appr

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TION

BUILD

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ADDR

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DCO

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AREA

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AL

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UNIT

S

TOTAL SRO

TOTAL Stud

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Total 4+

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42 Pa

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of18

Appendices - 19

Chic

ago

Low

Inco

me

Hou

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Trus

tFun

dRe

ntal

Subs

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Prog

ram

Appr

opria

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TION

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TOTAL SRO

TOTAL Stud

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Total 4+

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6733

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7120

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1

Page

3of

18

Appendices - 20

Chic

ago

Low

Inco

me

Hou

sing

Trus

tFun

dRe

ntal

Subs

idy

Prog

ram

Appr

opria

tions

asof

Mar

ch31

,201

5

ORGA

NIZA

TION

BUILD

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ADDR

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WAR

DCO

MMUN

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AREA

TOT

AL

FUND

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UNIT

S

TOTAL SRO

TOTAL Stud

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Total 4+

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0-15%

AMI 16-30%

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7230

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7248

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9,120

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1

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7531

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1Ch

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Title

Land

Tru

st Co

72

53 S

Cor

nell

7So

uth S

hore

8,760

$

10

00

10

00

1Co

lfax S

E, LL

C76

08-2

8 S. C

olfax

7So

uth S

hore

81,84

0$

120

08

40

00

12

Page

4of

18

Appendices - 21

Chic

ago

Low

Inco

me

Hou

sing

Trus

tFun

dRe

ntal

Subs

idy

Prog

ram

Appr

opria

tions

asof

Mar

ch31

,201

5

ORGA

NIZA

TION

BUILD

ING

ADDR

ESS

WAR

DCO

MMUN

ITY

AREA

TOT

AL

FUND

ING

UNIT

S

TOTAL SRO

TOTAL Stud

iosTOTAL 1

-Bdrm TOTAL 2-bd

rmTOTAL 3

-bdrm

Total 4+

-Bdrm Total Beds

0-15%

AMI 16-30%

AMI

Cons

tance

, LLC

7153

S C

onsta

nce /

1818

-28 E

. 72n

d7

South

Sho

re6,7

20$

1

00

01

00

01

Dero

sena

, Luc

ien c/

o Fro

ntier

Rea

lt y G

roup

3033

-41 E

79th

St.

7So

uth C

hicag

o6,4

20$

1

00

10

00

01

Diba

ne LL

C97

47 S

. Mer

rion

7So

uth D

eerin

g13

,560

$

1

00

00

01

01

E quit

y Buil

d, LL

C77

50-5

6 S. M

uske

gon

7So

uth C

hicag

o48

,000

$

9

02

70

00

03

6Es

cana

ba G

arde

ns, L

LC29

00-0

6 E. 7

9th S

t / 78

47-5

5 S. E

scan

aba

7So

uth S

hore

10,20

0$

10

00

01

00

1Ho

pkins

, Willi

am &

Reb

ecca

7124

-36 S

Ben

nett

7So

uth S

hore

13,80

0$

20

00

20

00

11

Horiz

on La

ke 72

00 C

oles,

LLC

7200

S. C

oles

7So

uth S

hore

33,30

0$

50

05

00

00

5Je

an, H

ector

2815

E. 7

6th S

t.7

South

Sho

re7,0

20$

1

00

00

01

01

Kan g

, Cath

erine

& Ja

son

9531

S E

uclid

7So

uth D

eerin

g8,1

00$

1

00

00

10

01

Kin g

ston P

rope

rties L

LC71

10-1

6 S. C

orne

ll Ave

7So

uth S

hore

40,38

0$

80

80

00

00

44

Kin g

ston R

ental

s, LL

C76

56 S

King

ston A

ve.

7So

uth S

hore

17,52

0$

20

00

20

00

2Lin

coln,

Cam

ellio

8236

S. S

outh

Shor

e Driv

e7

South

Chic

a go

7,740

$

10

00

10

00

1Lo

ve, E

u gen

e and

Bev

erly

8012

S E

ssex

7So

uth C

hicag

o9,8

04$

1

00

01

00

01

Luce

, Joh

n (Am

erica

n NB&

TCO

OF C

hgo

Trus

t #12

4126

-07 )

7901

-05 S

. King

ston

7So

uth C

hicag

o27

,540

$

7

07

00

00

07

Luell

a Ren

tals,

LLC

7450

S. L

uella

/ 22

20-2

6 E. 7

5th S

t.7

South

Sho

re4,2

00$

1

01

00

00

01

Mar yl

and P

rope

rties,

LLC

8047

-55 S

. Man

istee

7So

uth C

hicag

o24

,240

$

4

00

40

00

04

Metro

Pro

perty

Gro

up LL

LP an

Ariz

ona L

LLP

7733

S. S

outh

Shor

e Dr

7So

uth S

hore

9,960

$

20

11

00

00

11

Mid-

Cit y

Apar

tmen

ts, LL

C76

00-1

0 S. E

ssex

7W

ashin

gton P

ark

28,50

0$

50

00

13

10

14

Mid-

Cit y

Apar

tmen

ts, LL

C74

36-4

6 S. K

ingsto

n / 24

75 E

. 74th

Pl

7So

uth S

hore

59,70

0$

80

00

26

00

17

Mond

a y, C

urtis

R77

19 S

. Ess

ex7

South

Sho

re10

,200

$

1

00

00

10

01

MPM

Pro p

erty

Mgt

7951

-55 S

. Mus

kego

n / 28

18-3

6 E 78

th7

South

Chic

ago

33,54

0$

60

06

00

00

15

Nwan

ah, P

atrick

7827

S. C

olfax

7So

uth S

hore

7,164

$

10

00

10

00

1Pa

n gea

Rea

l Esta

te (P

P Ch

icago

10, L

LC)

1734

E. 7

2nd S

t7

South

Sho

re57

,900

$

9

00

72

00

09

Pan g

ea V

entur

es LL

C (JW

S Ch

arter

4 LL

C)71

31-4

5 S. Y

ates

7So

uth S

hore

49,09

2$

60

00

42

00

42

Patric

k Inv

estm

ents,

LLC

3017

E. 8

0th P

lace

7So

uth C

hica g

o9,1

56$

1

00

00

10

01

Philli

ps C

ourty

ard,

LLC

7616

-24 S

Phil

lips

7So

uth S

hore

7,560

$

10

00

10

00

1Ra

Ha P

rope

rties,

LLC

2648

-54 E

. 78th

St.

7So

uth S

hore

13,92

0$

20

00

20

00

2Ro

bin Li

mited

Par

tnersh

i p81

12 S

Bur

nham

7So

uth C

hicag

o13

,716

$

1

00

00

01

01

Saez

, An g

ela78

39-4

3 S. C

olfax

7So

uth S

hore

24,84

0$

40

00

04

00

31

South

Sho

re La

kesid

e Apa

rtmen

ts26

66 E

. 78th

St

7So

uth S

hore

4,920

$

10

00

10

00

1St

ella E

quitie

s, LL

C78

27 S

. Mar

quett

e7

South

Sho

re8,7

60$

1

00

01

00

01

VCP

7546

Sa g

inaw

LLC

7546

-48 S

. Sag

inaw

7So

uth S

hore

13,98

0$

20

01

10

00

2W

a yne

, Jac

k76

31-3

3 S. K

ingsto

n7

South

Sho

re10

,800

$

1

00

00

10

01

Wa y

ne, J

ack

7640

-42 S

. Colf

ax7

South

Sho

re10

,800

$

1

00

00

10

01

Wa y

ne, J

ack

7636

-38 S

. Colf

ax7

South

Sho

re21

,600

$

2

00

00

20

02

Wa y

ne, J

ack

7306

S. P

hillip

s7

South

Sho

re14

,040

$

2

00

20

00

02

Wa y

ne, J

ack

7801

-05 S

. Phil

lips /

2435

-45 E

78th

7So

uth S

hore

55,62

0$

60

01

50

00

24

Wa y

ne, J

ack

7700

-06 S

. Phil

lips /

2415

-19 E

. 77th

7So

uth S

hore

51,84

0$

60

01

23

00

24

Wi gi

nton,

Ben

8232

S. M

arqu

ette

7So

uth C

hicag

o10

,800

$

1

00

00

10

01

Page

5of

18

Appendices - 22

Chic

ago

Low

Inco

me

Hou

sing

Trus

tFun

dRe

ntal

Subs

idy

Prog

ram

Appr

opria

tions

asof

Mar

ch31

,201

5

ORGA

NIZA

TION

BUILD

ING

ADDR

ESS

WAR

DCO

MMUN

ITY

AREA

TOT

AL

FUND

ING

UNIT

S

TOTAL SRO

TOTAL Stud

iosTOTAL 1

-Bdrm TOTAL 2-bd

rmTOTAL 3

-bdrm

Total 4+

-Bdrm Total Beds

0-15%

AMI 16-30%

AMI

Wind

ham,

Ocie

& S

tepha

nie72

00-1

0 S. S

hore

Dr

7So

uth S

hore

27,60

0$

50

32

00

00

23

Wind

ham,

Ocie

& S

te pha

nie25

31-4

1 E. 7

3rd S

t.7

South

Sho

re34

,440

$

4

00

04

00

04

Yurb

an G

rou p

LLC

8041

-45 S

. Man

istee

7So

uth C

hicag

o40

,440

$

3

00

00

12

03

7701

S. C

ottag

e Gro

ve LL

C c/o

Main

Stre

et Re

al Es

tate S

ervic

es Lt

d77

01 S

. Cott

age G

rove

/ 80

9-11

E. 7

7th8

Grea

ter G

rand

Bo

uleva

rd16

,560

$

3

00

30

00

03

7816

Cor

nell L

LC78

16-2

8 S. C

orne

ll8

South

Sho

re13

,320

$

2

00

02

00

01

178

51 S

Ava

lon LL

C78

45-5

9 S. A

valon

/ 12

34-4

8 E. 7

9th8

Woo

dlawn

22,50

0$

30

11

10

00

3

7854

S. E

llis LL

C78

54 S

. Ellis

8Gr

eater

Gra

nd

Cros

sing

42,84

0$

60

03

30

00

6

7950

-52 S

. Ess

ex, L

LC79

50-5

2 S. E

ssex

8So

uth C

hica g

o9,6

00$

1

00

00

10

01

8152

S C

otta g

e Gro

ve81

52-5

8 S C

ottag

e Gro

ve /

756 E

82nd

St

8Ch

atham

5,760

$

10

01

00

00

181

st St

reet

LLC

c/o C

heck

mate

Realt

y11

31-4

1 E. 7

9th S

t8

Avalo

n Par

k28

,080

$

6

00

60

00

06

Beve

l, She

rril yn

n85

06 S

. Ben

nett

8Av

alon P

ark

9,720

$

10

00

01

00

1Ca

liforn

ia Liv

in g, L

LC94

9-55

E. 8

6th8

Chath

am26

,640

$

3

00

12

00

02

1Co

mmun

it y In

vestm

ent C

orp

8049

S. M

aryla

nd

8Ch

atham

72,96

0$

110

06

50

00

65

Diba

ne LL

C73

53 S

. Ken

wood

8So

uth S

hore

12,24

0$

10

00

01

00

1Dr

exel

Cour

t yard

, LLC

8232

-40 S

. Dre

xel

8Ch

atham

8,760

$

20

02

00

00

2FI

R-81

st &

Mar yl

and

815-

21 E

. 81s

t 8

Chath

am12

,840

$

2

00

20

00

02

Gallo

way,

Mich

ael

1564

E. 9

3rd S

t.8

Calum

et He

ights

10,80

0$

10

00

01

00

10

Griffi

n, An

nie R

8149

-51 S

. In g

leside

8Ch

atham

8,460

$

10

00

10

00

1

Hinto

n, Je

sse

7541

S. E

llis8

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ter G

rand

Cr

ossin

g6,8

40$

1

00

10

00

01

Hopk

ins, W

illiam

& R

ebec

ca14

43-4

5 E 69

th Pl

ace

8So

uth C

hicag

o18

,600

$

2

00

00

20

02

Hutch

inson

, Joe

l80

29 S

. Dob

son

8Ch

atham

23,77

2$

40

04

00

00

13

Knaz

ze, K

ather

ine81

01 S

. Ben

nett

8So

uth C

hica g

o10

,260

$

1

00

00

10

01

M &

A Ma

nage

ment

7834

-44 S

. Ellis

8Gr

eat G

rand

Cr

ossin

g10

8,480

$

13

00

08

50

013

M &

A Ma

nage

ment

7307

-15 S

. Eas

t End

8So

uth S

hore

34,20

0$

30

00

03

00

3M

& A

Mana

geme

nt73

01-0

5 S. E

ast E

nd /

1705

-11 E

. 73r

d8

South

Sho

re13

,440

$

2

00

20

00

02

MIL P

rope

rty G

roup

LLC

7746

S. G

reen

wood

8Gr

eater

Gra

nd

Cros

sing

8,760

$

10

00

10

00

1

MLC

Pro p

ertie

s (Ing

leside

Inve

stmen

t Gro

up)

8101

-25 S

. Ing

leside

8Ch

atham

114,4

20$

210

317

10

00

21Pe

rri, J

ackie

9247

S S

tony I

sland

8Ca

lumet

Heigh

ts8,1

60$

1

00

01

00

01

RaHa

Pro

pertie

s, LL

C95

6 E. 7

6th

8Gr

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Gra

nd

Cros

sing

8,700

$

10

00

01

00

1

Robin

son,

Lash

anda

8236

S. E

llis8

Chath

am10

,320

$

1

00

00

10

01

VCP

7201

Dor

ches

ter, L

LC72

01-0

7 S. D

orch

ester

8So

uth S

hore

6,960

$

10

00

10

00

111

031 E

dbro

ok LL

C11

031 S

. Edb

rook

9Ro

selan

d7,6

68$

1

00

00

10

01

1120

7 S K

in g LL

C11

207-

15 S

King

Driv

e9

Rose

land

23,76

0$

30

02

10

00

3AB

BA 15

8 LLC

1173

5 S. I

ndian

a9

Wes

t Pull

man

10,92

0$

10

00

00

10

1

Page

6of

18

Appendices - 23

Chic

ago

Low

Inco

me

Hou

sing

Trus

tFun

dRe

ntal

Subs

idy

Prog

ram

Appr

opria

tions

asof

Mar

ch31

,201

5

ORGA

NIZA

TION

BUILD

ING

ADDR

ESS

WAR

DCO

MMUN

ITY

AREA

TOT

AL

FUND

ING

UNIT

S

TOTAL SRO

TOTAL Stud

iosTOTAL 1

-Bdrm TOTAL 2-bd

rmTOTAL 3

-bdrm

Total 4+

-Bdrm Total Beds

0-15%

AMI 16-30%

AMI

Brow

n, Yo

landa

1100

6 S. I

ndian

a9

Rose

land

12,90

0$

20

02

00

00

11

Hinto

n, Je

sse

1143

0 S. C

ham p

lain

9Pu

llman

6,120

$

10

01

00

00

1Hi

nton,

Jess

e11

409-

11 S

. St.

Lawr

ence

9Pu

llman

10,80

0$

10

00

01

00

1Ja

ckso

n, Sa

mmie

1072

8 S. W

abas

h9

Rose

land

5,220

$

10

01

00

01

Jack

son,

Willi

e23

4 E 13

6th S

t9

Rive

rdale

14,52

0$

10

00

00

10

1Jo

hnso

n, Su

kina

9317

S R

hode

s9

Rose

land

7,500

$

10

00

10

00

1La

ury,

Barry

and B

oyd,

Willi

am11

568 S

. Pra

irie9

Wes

t Pull

man

10,80

0$

10

00

01

00

1Lu

xe P

rope

rty M

anag

emen

t (Ve

rity In

vestm

ents

LLC )

1053

9 S. C

orlis

s9

Pullm

an6,9

96$

1

00

01

00

01

Luxe

Pro

perty

Man

agem

ent (

Verity

Inve

stmen

ts LL

C)10

657 S

. Cha

mplai

n9

Pullm

an9,9

60$

1

00

01

00

01

Luxe

Pro

perty

Man

agem

ent (

Verity

Inve

stmen

ts LL

C)73

4 E. 9

2nd

9Ch

atham

6,720

$

10

00

10

00

1

Perr y

, Jac

queli

ne10

541 S

Cor

liss

9Pu

llman

7,560

$

10

00

10

00

1St

arks

, Dor

othy

1062

4 S. L

angle

y9

Pullm

an9,0

00$

1

00

00

10

01

Thom

pson

Rea

l Esta

te13

150 S

. For

restv

ille9

Rive

rdale

10,14

0$

10

00

00

10

1W

ashin

gton,

Major

1094

9-51

S. V

erno

n9

Rose

land

4,800

$

10

01

00

00

1W

ilkins

, Tab

itha

1112

2 S. I

ndian

a9

Rose

land

12,00

0$

10

00

01

00

1W

illiam

s, Lo

rraine

414 W

. 100

th Pl

ace

9W

ashin

gton

6,300

$

10

00

10

00

191

00 S

outh

Burle

y, LL

C c/o

Clar

etian

Ass

ociat

es91

00-1

0 S. B

urley

/ 32

25 E

. 91s

t St

10So

uth C

hicag

o7,4

28$

1

00

01

00

01

Boar

dman

, Willi

am &

Chr

istine

8707

S. E

scan

aba

10So

uth C

hica g

o9,3

60$

3

00

02

10

03

Casa

Kirk

, Inc

. c/o

Clar

etian

Ass

ociat

ion32

48 E

. 92n

d St.

10So

uth C

hica g

o30

,240

$

7

00

00

61

07

Chr yc

zyk,

Andr

zes

8949

S. B

rand

on10

South

Chic

ago

12,66

0$

10

00

00

10

1Ea

st La

ke M

anag

emen

t / S

outh

East

Little

Vi

llage

Ltd.

Part.

U.N

.O.

2837

E 90

th / 2

849 E

90th

/ 30

06 E

. 92n

d / 90

01 S

. Mus

kego

n10

South

Chic

ago

15,72

0$

60

00

42

00

6

Gatew

ood,

T. M

auric

e85

50 S

. Hou

ston

10So

uth C

hica g

o10

,800

$

1

00

00

10

01

Glins

ki, S

teven

8525

S. B

uffalo

10So

uth C

hica g

o4,3

20$

1

00

01

00

01

Luxe

Pro

perty

Man

agem

ent (

Verity

Inve

stmen

ts LL

C )83

37 S

. Bur

ley10

South

Chic

ago

19,09

2$

20

00

02

00

2

Reha

b Sou

th Ch

icago

c/o C

lareti

ans A

ssoc

iates

3251

E. 9

1st S

t.10

South

Chic

ago

5,028

$

10

00

01

10

1

Simo

n, Na

thanie

l83

44 S

. Balt

imor

e10

South

Chic

a go

6,120

$

10

00

10

00

1ST

DIG

LLC

8242

S H

ousto

n10

South

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10

00

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00

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lla G

uada

lupe S

enior

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vices

, Inc

. c/o

Clar

etian

Ass

ociat

es32

01 E

. 91s

t St.

10So

uth C

hicag

o13

7,748

$

35

00

323

00

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31

Luxe

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perty

Man

agem

ent

(Ver

ity In

vestm

ents

LLC)

2310

S. S

acra

mento

12So

uth La

wnda

le12

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2

00

10

10

02

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ez, N

anc y

2126

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South

Lawn

dale

9,720

$

10

00

10

00

1Ra

zo, R

osali

nda &

Ser

gio28

52 W

25th

Plac

e12

South

Lawn

dale

9,600

$

10

00

01

00

1

Page

7of

18

Appendices - 24

Chic

ago

Low

Inco

me

Hou

sing

Trus

tFun

dRe

ntal

Subs

idy

Prog

ram

Appr

opria

tions

asof

Mar

ch31

,201

5

ORGA

NIZA

TION

BUILD

ING

ADDR

ESS

WAR

DCO

MMUN

ITY

AREA

TOT

AL

FUND

ING

UNIT

S

TOTAL SRO

TOTAL Stud

iosTOTAL 1

-Bdrm TOTAL 2-bd

rmTOTAL 3

-bdrm

Total 4+

-Bdrm Total Beds

0-15%

AMI 16-30%

AMI

Chan

, Mar

ia48

58 S

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ingfie

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Arch

er H

eights

6,960

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10

00

10

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ueh,

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ee &

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hui

3128

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lace

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i ghton

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00

01

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hn as

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00

10

00

01

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uan C

arlos

5201

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ichmo

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Par

k4,8

00$

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00

10

00

01

Addis

on La

rami

e Rea

lty57

48 S

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ne15

Wes

t Eng

lewoo

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$

1

00

00

10

01

AMG

Carri

ngton

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6829

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alman

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Lawn

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$

10

00

10

00

1Jo

rdan

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tal &

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ael

5522

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ermi

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15W

est E

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ood

9,000

$

10

00

10

00

1Jo

seph

s, Ed

ward

6357

S. P

aulin

a15

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t Eng

lewoo

d11

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1

00

00

10

01

Luxe

Pro

perty

Man

agem

ent (

Verity

Inve

stmen

ts LL

C )17

15 W

. 58th

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est E

nglew

ood

6,960

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10

00

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00

1

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perty

Man

agem

ent (

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Inve

stmen

ts LL

C)22

14 W

. 51s

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Par

k6,5

88$

1

00

01

00

01

Luxe

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perty

Man

agem

ent (

Verity

Inve

stmen

ts LL

C)60

20 S

. Woo

d15

Wes

t Eng

lewoo

d15

,360

$

1

00

00

01

01

Robin

Limi

ted P

artne

rshi p

5707

S H

oyne

15W

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ood

11,62

8$

10

00

00

10

1W

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td Pa

rtner

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a's

Villa

ge)

6355

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ood /

1637

W 59

th / 1

901 W

59th

/ 194

1 W 59

th15

Wes

t Eng

lewoo

d69

,840

$

8

00

00

80

06

2

Broo

ks III

, Sam

uel

6421

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go La

wn8,7

60$

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00

01

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01

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chvie

w Ma

nor P

rese

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2626

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$

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ard

5925

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80$

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in, M

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3114

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61st

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5-59

S T

roy

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6,660

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10

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10

00

1Lu

xe P

rope

rty M

anag

emen

t (V

erity

Inve

stmen

ts LL

C)55

29 S

. Ada

16W

est E

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ood

9,660

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00

01

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1

Luxe

Pro

perty

Man

agem

ent

(Ver

ity In

vestm

ents

LLC)

5641

S. J

ustin

e16

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t Eng

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$

1

00

00

10

01

Luxe

Pro

perty

Man

agem

ent

(Ver

ity In

vestm

ents

LLC)

5735

S. E

lizab

eth16

Wes

t Eng

lewoo

d10

,320

$

1

00

00

01

01

Luxe

Pro

perty

Man

agem

ent

(Ver

ity In

vestm

ents

LLC)

6224

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orga

n16

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wood

17,41

2$

20

01

00

10

2

Luxe

Pro

perty

Man

agem

ent

(Ver

ity In

vestm

ents

LLC)

6239

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shlan

d16

Wes

t Eng

lewoo

d12

,000

$

1

00

00

01

01

Luxe

Pro

perty

Man

agem

ent

(Ver

ity In

vestm

ents

LLC)

6340

S. S

anga

mon

16En

glewo

od8,7

60$

1

00

01

00

01

Oates

, Beu

tonna

5658

S. B

isho p

16W

est E

nglew

ood

5,100

$

10

00

01

00

1Oa

tes, B

euton

na14

11 W

. 55th

St.

/ 141

1 W. G

arfie

ld Bl

vd16

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t En g

lewoo

d8,4

24$

1

00

00

10

01

Perri

, Jac

kie an

d Matt

hew

6641

S C

larem

ont

16Ch

icago

Lawn

6,300

$

10

01

00

00

1Re

ntal P

rope

rty In

vesto

rs LL

C14

08 W

Mar

quett

e16

Wes

t Eng

lewoo

d11

,760

$

1

00

00

10

01

Robin

Limi

ted P

artne

rshi p

6725

S A

berd

een

16En

glewo

od8,3

64$

1

00

00

10

01

Sard

in, D

arlen

e62

41 S

. Thr

oop

16W

est E

nglew

ood

9,900

$

10

00

01

00

1

Page

8of

18

Appendices - 25

Chic

ago

Low

Inco

me

Hou

sing

Trus

tFun

dRe

ntal

Subs

idy

Prog

ram

Appr

opria

tions

asof

Mar

ch31

,201

5

ORGA

NIZA

TION

BUILD

ING

ADDR

ESS

WAR

DCO

MMUN

ITY

AREA

TOT

AL

FUND

ING

UNIT

S

TOTAL SRO

TOTAL Stud

iosTOTAL 1

-Bdrm TOTAL 2-bd

rmTOTAL 3

-bdrm

Total 4+

-Bdrm Total Beds

0-15%

AMI 16-30%

AMI

The P

hara

oh G

roup

, LLC

1107

W. G

arfie

ld Bl

vd.

16Ne

w Ci

ty11

,220

$

2

00

11

00

02

6700

S. C

larem

ont,

LLC

6700

S. C

larem

ont

17Ch

icago

Lawn

18,12

0$

30

02

10

00

12

A D

Ventu

res L

LC74

21 S

Prin

ceton

17re

ater G

rand

Cro

ssing

11,52

0$

10

00

00

10

10

ADK

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geme

nt, In

c.33

00-1

4 W. M

arqu

ette /

6646

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. S p

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go La

wn4,3

80$

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00

01

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00

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tholic

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rities

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t. Le

o's

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ence

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mera

ld17

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resh

am67

,560

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10

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00

00

010

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, Pen

n y68

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59 S

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t Eng

lewoo

d13

,020

$

3

00

00

21

01

2Fr

ench

, How

ard &

Que

en77

26 S

Mar

shfie

ld17

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rn G

resh

am8,7

60$

1

00

01

00

01

Goss

, Edw

ard

2505

S. 6

9th S

t.17

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go La

wn5,8

80$

1

00

00

10

01

Hilst

on P

rope

rties,

Inc.

1716

-20 W

. 77th

St /

7653

-55 S

. Her

mita

ge17

Aubu

rn G

resh

am10

,080

$

1

00

00

10

01

Jack

son,

C ynth

ia79

29 S

. Har

vard

17Ch

atham

5,220

$

10

00

01

00

1Ja

ckso

n, W

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7718

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inche

ster

17Au

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sham

13,56

0$

10

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00

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1Jo

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s, Ed

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6735

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11,40

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anag

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t Se

rvice

s Inc

/ 23

00 W

St P

aul L

LC /

CMR

D Pr

oper

ties L

LC)

1370

-82 W

. 79th

/ 78

47-5

9 S. L

oomi

s17

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rn G

resh

am29

,220

$

7

06

10

00

01

6

Laflin

Inn,

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7908

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17Au

burn

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sham

27,78

0$

50

02

30

00

23

Moor

e, Ta

shae

6828

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omis

17W

est E

n glew

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10,80

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1Pe

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Man

agem

ent)

6346

-54 S

. Fair

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17Ch

icago

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61,20

0$

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00

00

10Pe

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, Lew

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6 S. U

nion

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od7,5

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1

00

01

00

01

Reed

, Lek

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1221

W. 7

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17W

est E

n glew

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9,000

$

10

00

01

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1Ro

bin Li

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Par

tnersh

i p20

18 W

69th

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e17

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t Eng

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00$

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00

00

10

01

The B

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d Com

munit

y(M)

1203

-09 W

. 78th

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e17

Aubu

rn G

resh

am13

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$

4

02

20

00

02

261

00 S

. Ebe

rhar

t, LL

C61

00-0

8 S. E

berh

art

20W

oodla

wn6,9

00$

1

01

00

00

01

6123

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rhar

t, LL

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5 S. E

berh

art

20W

oodla

wn12

,600

$

1

00

00

10

01

6205

S. M

ichi ga

n, Inc

.62

05 S

. Mich

igan

20W

ashin

gton P

ark

8,760

$

10

00

10

00

1Ca

rter,

Char

les &

Sisc

eodie

s54

30 S

. Loo

mis

20Ne

w Ci

t y8,5

20$

1

00

00

10

01

CGP

Holdi

n gs L

LC60

22 S

. Rho

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20W

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1

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00

01

01

Comm

unity

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tives

Inc,

as R

eceiv

er fo

r Ha

rriett

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man A

pts57

51-5

9 S. M

ichiga

n / 10

8-11

4 E 58

th20

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hingto

n Par

k69

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$

7

00

03

10

07

Dubie

l, Mor

gan c

/o St

. Ellis

LLC

817 W

. 54th

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et20

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City

9,660

$

10

00

01

00

1Ed

en D

evelo

pmen

t Cor

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27-2

9 S. I

ndian

a & 55

32-3

4 S. I

ndian

a20

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hingto

n Par

k10

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$

2

00

01

01

01

1Gi

lmor

e, Qu

andr

a L.

6637

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hode

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dlawn

6,720

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10

00

01

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1Gr

illos P

rope

rties L

LC 62

43 R

hode

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43 S

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$

1

00

00

01

01

HABO

Inve

stmen

ts, In

c.57

42 S

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iana

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ashin

gton P

ark

5,520

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10

00

01

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ckso

n, Sa

mmie

4945

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alsted

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w Ci

t y6,1

20$

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01

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6 S. C

ottag

e Gro

ve A

ve.

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wn11

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1

00

00

10

01

Page

9of

18

Appendices - 26

Chic

ago

Low

Inco

me

Hou

sing

Trus

tFun

dRe

ntal

Subs

idy

Prog

ram

Appr

opria

tions

asof

Mar

ch31

,201

5

ORGA

NIZA

TION

BUILD

ING

ADDR

ESS

WAR

DCO

MMUN

ITY

AREA

TOT

AL

FUND

ING

UNIT

S

TOTAL SRO

TOTAL Stud

iosTOTAL 1

-Bdrm TOTAL 2-bd

rmTOTAL 3

-bdrm

Total 4+

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0-15%

AMI 16-30%

AMI

Luxe

Pro

perty

Man

agem

ent

(Ver

ity In

vestm

ents

LLC)

4749

S. T

hroo

p20

New

City

7,200

$

10

00

01

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1

Luxe

Pro

perty

Man

agem

ent

(Ver

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vestm

ents

LLC)

5226

S. M

ay20

New

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8,400

$

10

00

10

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1

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Pro

perty

Man

agem

ent

(Ver

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vestm

ents

LLC)

5346

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arpe

nter

20Ne

w Ci

ty11

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1

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10

01

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LLC)

5717

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n Par

k30

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00

00

21

02

1

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agem

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vestm

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LLC)

6041

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ndian

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10

01

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agem

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6512

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10

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1

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Pro

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agem

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vestm

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929 W

. 54th

Plac

e20

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City

11,40

0$

10

00

00

10

1

MIL P

rope

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roup

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01

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5

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10

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01

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1Ra

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5357

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5,760

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10

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10

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1St

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04

10

05

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12W

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15

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40

66

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50

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05

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5

00

05

00

05

Page

10of

18

Appendices - 27

Chic

ago

Low

Inco

me

Hou

sing

Trus

tFun

dRe

ntal

Subs

idy

Prog

ram

Appr

opria

tions

asof

Mar

ch31

,201

5

ORGA

NIZA

TION

BUILD

ING

ADDR

ESS

WAR

DCO

MMUN

ITY

AREA

TOT

AL

FUND

ING

UNIT

S

TOTAL SRO

TOTAL Stud

iosTOTAL 1

-Bdrm TOTAL 2-bd

rmTOTAL 3

-bdrm

Total 4+

-Bdrm Total Beds

0-15%

AMI 16-30%

AMI

Brad

ley, L

atrici

a94

43 S

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tine

21W

ashin

gton

5,400

$

10

00

10

00

1Bu

ilding

#1 R

ealty

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vices

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quett

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k as

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tee)

1314

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14

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Build

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lty S

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arqu

ette B

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37,56

0$

40

00

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00

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lty S

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es (M

arqu

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ank a

s Tr

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50

02

30

00

23

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go M

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sg D

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9,300

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1

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29,28

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40

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urre

ction

Pro

ject (

Casa

Sor

Juan

a)27

00 S

. Dra

ke22

South

Lawn

dale

9,792

$

30

00

21

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3Th

e Res

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ction

Pro

ject (

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Tab

asco

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15-1

7 W. 2

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South

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14,22

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3Ku

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47 W

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Garfie

ld Ri

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10,80

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143

15 W

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LLC

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omen

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$

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10

01

Gera

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1549

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19,20

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02

00

2Jo

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r gar

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11 S

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24No

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$

3

00

03

00

03

John

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10

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10

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1Ke

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partm

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Ltd. P

artne

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1251

-55 S

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64,74

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100

00

17

20

10Ke

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velt R

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P 11

48-5

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24Au

stin

7,320

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10

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01

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1Lib

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Squa

re LP

c/o B

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ur R

ealty

Ser

vices

Co

r p.

711 S

. Ind

epen

denc

e Blvd

.24

East

Garfie

ld Pa

rk69

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$

10

00

16

21

04

6

Luxe

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perty

Man

agem

ent

(Ver

ity In

vestm

ents

LLC)

1436

S. K

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North

Lawn

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8,100

$

10

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1

Luxe

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perty

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agem

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(Ver

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vestm

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LLC)

1525

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amlin

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wnda

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North

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7,920

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10

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1No

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wnda

le Ltd

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tnersh

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fa Ho

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55,57

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11

North

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Ltd P

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41 W

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24No

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11

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110

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ians,

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1852

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roy

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1

00

00

10

01

Peter

son,

Kevin

4747

W. V

anBu

ren

24Au

stin

10,80

0$

10

00

01

00

10 Pa

ge11

of18

Appendices - 28

Chic

ago

Low

Inco

me

Hou

sing

Trus

tFun

dRe

ntal

Subs

idy

Prog

ram

Appr

opria

tions

asof

Mar

ch31

,201

5

ORGA

NIZA

TION

BUILD

ING

ADDR

ESS

WAR

DCO

MMUN

ITY

AREA

TOT

AL

FUND

ING

UNIT

S

TOTAL SRO

TOTAL Stud

iosTOTAL 1

-Bdrm TOTAL 2-bd

rmTOTAL 3

-bdrm

Total 4+

-Bdrm Total Beds

0-15%

AMI 16-30%

AMI

Pier

ce, A

udre

y15

30 S

. Chr

istian

a24

North

Lawn

dale

9,360

$

10

00

10

00

1Sa

fewa y

-Koli

n, Inc

1203

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. Koli

n / 43

21-2

9 W. R

oose

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24No

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wnda

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$

7

00

07

00

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2SC

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tion,

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3112

-46 W

. Dou

glas B

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North

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98,76

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70

00

00

70

7Sc

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atalie

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9,600

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10

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01

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1Sc

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atalie

A.

1432

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. Hom

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North

Lawn

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9,360

$

10

00

10

00

1Te

nard

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arfie

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00

94

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1

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01

00

01

South

May

, LLC

2104

S. M

ay25

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5,100

$

10

00

10

00

1Th

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urre

ction

Pro

ject

1313

W. 1

9th S

t.25

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1,380

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10

01

00

00

1Th

e Res

urre

ction

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ject (

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Chia

pas)

1712

W. 1

7th S

t.25

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2,760

$

20

00

11

00

2Th

e Res

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ction

Pro

ject (

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Gue

rrero

)96

3 W. C

uller

ton25

Lowe

r Wes

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8,868

$

30

10

00

20

3Th

e Res

urre

ction

Pro

ject (

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Mon

terre

y)96

7 W. 1

9th S

t.25

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r Wes

t Side

1,356

$

10

00

10

00

135

14 W

. Pier

ce A

ve.,

LLC

3514

W. P

ierce

Ave

.26

Humb

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ark

10,86

0$

10

00

01

00

1Ar

landiz

, Eliz

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& S

ergio

1300

-02 N

. Hom

an /

3410

-12 W

. Poto

mac

26Hu

mbold

t Par

k27

,780

$

6

00

04

20

06

Arlan

diz, E

lizab

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gio39

35-4

5 W. C

ortla

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Herm

osa

22,80

0$

40

02

20

00

22

Avela

r, Ma

nuel

3306

-08 W

. Divi

sion

26Hu

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k39

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6

00

00

60

06

Bick

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uleva

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Apts

LP)

929 N

. Sac

rame

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2214

N S

acra

mento

/ 19

30 N

. Hum

boldt

26Lo

gan S

quar

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$

11

00

27

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6

Bick

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estro

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15 N

. Sac

rame

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Humb

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ark

84,68

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210

04

96

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26Hu

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9,600

$

10

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01

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1Cr

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8 N. S

t. Lo

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Humb

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ark

8,760

$

10

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10

00

1Gl

obetr

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orp

3320

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each

26Hu

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10

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01

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ev C

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36

Hisp

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66

L.U.C

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39 W

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Humb

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ark

50,53

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164

La C

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11

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011

Martin

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12,60

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10

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1Ma

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1413

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01

Martin

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01

Merca

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each

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1

00

00

10

01

Mira

nda,

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8 N. S

acra

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26Hu

mbold

t Par

k12

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$

1

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10

01

MLC

Pro p

ertie

s (42

48-6

0 W H

irsch

LLC)

4248

-60 W

. Hirs

ch26

Humb

oldt P

ark

5,820

$

10

01

00

00

1

Page

12of

18

Appendices - 29

Chic

ago

Low

Inco

me

Hou

sing

Trus

tFun

dRe

ntal

Subs

idy

Prog

ram

Appr

opria

tions

asof

Mar

ch31

,201

5

ORGA

NIZA

TION

BUILD

ING

ADDR

ESS

WAR

DCO

MMUN

ITY

AREA

TOT

AL

FUND

ING

UNIT

S

TOTAL SRO

TOTAL Stud

iosTOTAL 1

-Bdrm TOTAL 2-bd

rmTOTAL 3

-bdrm

Total 4+

-Bdrm Total Beds

0-15%

AMI 16-30%

AMI

Olso

n, Ma

tt34

16 W

. Poto

mac

26Hu

mbold

t Par

k11

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$

2

00

02

00

02

Prem

iere H

ousin

g, LL

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45 N

. Ham

lin26

Loga

n Squ

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6,360

$

10

00

10

00

1Ri

vera

, Mar

il yn

1622

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lbany

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01

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01

Rodr

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26W

est T

own

7,056

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10

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1Ro

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3861

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60$

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01

S pau

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LP17

50 N

. Spa

ulding

26Hu

mbold

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k35

,832

$

5

00

02

30

01

4De

Wos

kin, P

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s Rec

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116-

18 S

. Cali

fornia

27Ea

st Ga

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20,72

4$

30

00

03

00

21

DeW

oskin

, Pau

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eceiv

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2-24

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alifor

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rk29

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$

6

00

24

00

01

5Fe

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acqu

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1039

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amlin

27Hu

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36$

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01

Luxe

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perty

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agem

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vestm

ents

LLC)

2710

W. J

acks

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East

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ld Pa

rk84

,180

$

24

240

00

00

016

8

Luxe

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perty

Man

agem

ent

(Ver

ity In

vestm

ents

LLC)

2847

W. C

ongr

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27Ea

st Ga

rfield

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7,620

$

10

00

01

00

1

Luxe

Pro

perty

Man

agem

ent

(Ver

ity In

vestm

ents

LLC)

319 S

. Cali

fornia

27Ea

st Ga

rfield

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9,660

$

10

00

01

00

1

Martin

ez, C

harle

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05 N

. Ham

lin27

Humb

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ark

7,272

$

10

00

10

00

1

McDe

rmott

Fou

ndati

on93

2 W. W

ashin

gton /

124 N

. San

gamo

n /

108 N

. San

gamo

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Near

Wes

t Side

416,5

80$

850

00

00

085

5926

Senio

r Suit

es W

est H

umbo

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ark

3656

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uron

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1-19

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Humb

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70,23

6$

190

172

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145

4052

W. W

est E

nd LL

C40

52 W

. Wes

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1 N. K

arlov

28W

est G

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3

00

01

20

01

243

00 W

Wes

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4300

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28W

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arfie

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2

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02

00

02

4316

W. W

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1 N. K

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28W

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3

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03

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01

249

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2

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02

00

01

1Di

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son,

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31-3

3 S. S

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28No

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1

00

01

00

01

Gugly

Inc.

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perty

Adv

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5447

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ge13

of18

Appendices - 30

Chic

ago

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DCO

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AL

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TOTAL SRO

TOTAL Stud

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Page

14of

18

Appendices - 31

Chic

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Prog

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1 Page

15of

18

Appendices - 32

Chic

ago

Low

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me

Hou

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ntal

Subs

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Prog

ram

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Page

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Appendices - 33

Chic

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Page

17of

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Appendices - 34

Chic

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ge18

of18

Appendices - 35

Department of Planning and DevelopmentTROUBLED BUILDINGS INITIATIVE I (Multi-family)

January 1 - March 31, 2015

Quarter First Counted

Primary Address# ofUnits

TBI Status WardCommunity

Area

2015,11454-56 N LUNA/5535-37 W LEMOYNE

8 Recovered 37 Austin

2015,17646-56 S ESSEX AVE / 2448 E 77TH STREET

32 Stabilized 7 South Shore

2015,17800-10 S PHILLIPS AVE / 2413-21 E 78TH ST

34 Stabilized 7 South Shore

2015,1 211-15 N CENTRAL 40 Recovered 28 Austin

2015,1 4828-30 W ADAMS 6 Under Receivership 28 Austin

2015,1 6445-47 S SAINT LAWRENCE AVE 6 Under Receivership 20 Woodlawn

2015,1 3542-48 W POLK ST 12 Under Receivership 24 East Garfield Park

2015,14614-24 S VINCENNES AVE/444-448 E 46th Pl

24 Recovered 3 Grand Boulevard

2015,1 1528 S Lawndale Avenue 6 In Court 24 North Lawndale

2015,1 4542-44 S. INDIANA AVE 6 In Court 3 Grand Boulevard

2015,1 437-39 W MARQUETTE RD 7 Stabilized 6 Englewood

2015,1 2954-60 N Pulaski 16 In Court 30 Avondale

2015,16400 S FRANCISCO/2901-11 W 64TH ST

8 In Court 15 Chicago Lawn

2015,1 1630-1632 S Sawyer 11 Under Receivership 24 North Lawndale

2015,1 6154-58 S Rockwell St 8 Stabilized 15 Chicago Lawn

2015,1 936-42 E. 80th ST. 12 Stabilized 8 Chatham

2015,1 1864-66 S. Hamlin 8 In Court 24 North Lawndale

2015,1 1525-27 E. 65th Street 6 Stabilized 20 Woodlawn

2015,1 2815-23 E. 80th ST 8 In Court 7 South Chicago

2015,1308-310 W 80th ST/7954-58 S Princeton

8 Recovered 17 Chatham

2015,1 2140-50 W. Devon Avenue 24 In Court 50 Rogers Park

2015,1 5433-35 S INDIANA AVE 6 Under Receivership 20 Washington Park

2015,1 7530-32 S Stewart 6 In Court 17Greater Grand

Crossing

Appendices - 36






Area

2015,1 216 N. Pine 7 Under Receivership 28 Austin

2015,1 3611 W. Wolfram 7 In Court 35 Avondale

2015,1 107-113 N. Laramie 26 Recovered 28 Austin

2015,17200 S Woodlawn / 1147-55 E 72nd Street

12 In Court 5Greater Grand

Crossing

2015,1 1302-08 W. 103rd Street 8 Stabilized 21 Washington Heights

2015,1 7927-29 S. Ellis Avenue 8 Stabilized 8 Chatham

2015,1 952 N NOBLE ST 7 Recovered 27 West Town

2015,1 3700 S. Wood Street 5 In Court 11 McKinley Park

2015,1 7550-58 S. Essex 32 In Court 7 South Shore

2015,16043-45 S Dr. Martin Luther King, Jr., Drive

6 Rehab In Process 20 Woodlawn

2015,1 216 N Central 6 Under Receivership 29 Austin

2015,1 6221 S. ST. LAWRENCE AVE. 2 Under Receivership 20 Woodlawn

2015,1 8246-48 S Racine 8 Under Receivership 18 Auburn Gresham

2015,1 6042-44 S MICHIGAN AVE 6 In Court 20 Washington Park

2015,1 4840 N SHERIDAN 4 Under Receivership 46 Uptown

2015,1 519 S. Lavergne 8 In Court 24 Austin

2015,1 1428 N. Lockwood 6 Under Receivership 37 Austin

2015,1 6151 S. Champlain Ave. 3 Stabilized 20 Woodlawn

2015,1 6432 S Eberhart Ave. 2 Under Receivership 20 Woodlawn

2015,1 8119-25 S Cottage Grove Ave 19 In Court 8 Chatham

2015,1 515 E 46TH PLACE 3 Under Receivership 3 Grand Boulevard

2015,1 7518 N RIDGE 6 Under Receivership 49 West Ridge

2015,1 6506 S SAINT LAWRENCE AVE 2 In Court 20 Woodlawn

Appendices - 37






Area

2015,1 9118-24 S. Dauphin Avenue 24 In Court 8 Chatham

2015,1 1909 S. SPAULDING 4 Recovered 24 Austin

2015,1 6219-21 S. Rhodes Ave. 6 Under Receivership 20 Woodlawn

2015,1 431 CENTRAL PARK 6 Under Receivership 27 Humboldt Park

2015,1 5808 S MICHIGAN AVE 3 In Court 20 Washington Park

2015,1 724 N. Trumbull 4 Under Receivership 27 Humboldt Park

2015,1 413 E. 60th Street 1 Under Receivership 20 Woodlawn

2015,18053-61 S Cottage Grove Ave / 800-04 E 81st St

16 Under Receivership 8 Chatham

2015,1 3144-50 S PRAIRIE 8 Under Receivership 3 Douglas

2015,1 6120 S SAINT LAWRENCE AVE 3 Under Receivership 20 Woodlawn

2015,1 6400-04 S EBERHART AVE 4 Stabilized 20 Woodlawn

2015,15850-54 S Campbell/2502 W 59th St

9 Under Receivership 13 Chicago Lawn

2015,1 8045-47 S Maryland Ave 6 Under Receivership 8 Chatham

2015,11350 W 98th PL / 9817-25 S Loomis

10 Stabilized 21 Washington Heights

2015,1 6128 S EBERHART AVE 4 Under Receivership 20 Woodlawn

2015,1 7700 S Carpenter 9 Under Receivership 17 Auburn Gresham

2015,1 1445 W WALTON 4 Stabilized 27 West Town

2015,1 632-38 E. 61st Street 2 Stabilized 20 Woodlawn

2015,15910-12 S DR MARTIN LUTHER KING DRIVE

6 Under Receivership 20 Washington Park

2015,1 4157 Adams 6 In Court 28 West Garfield Park

2015,1 4006 S WESTERN AVE Under Receivership 12 Brighton Park

2015,1 5811 S. Michigan 3 Under Receivership 20 Washington Park

2015,1 5051 Chicago 4 Under Receivership 28 Austin

Appendices - 38






Area

2015,1 3263 Fulton 6 In Court 28 East Garfield Park

2015,1 1048 W 72nd Street 5 Under Receivership 17 Englewood

2015,1 2859 W 25th Place 4 Under Receivership 12 South Lawndale

2015,1 5751-59 S MICHIGAN AVE 28 Under Receivership 20 Washington Park

2015,1 5801-05 S MICHIGAN AVE 24 Under Receivership 20 Washington Park

2015,1 5001 S Throop ST 9 In Court 3 New City

2015,12440-52 E 75th St / 7445-47 S Phillips Ave

19 Under Receivership 7 South Shore

2015,1 7642-44 S Essex Ave 6 Under Receivership 7

2015,1 4010 Jackson 6 Under Receivership 28 Austin

2015,1 6504 S ST LAWRENCE AVE 2 Under Receivership 20 Woodlawn

2015,1 7020 S JEFFERY BLVD 130 In Court 5 South Shore

2015,1 7010-7012 S Morgan 4 Recovered 17 Auburn Gresham

2015,1 8015-17 S Ellis Ave 6 Under Receivership 8 Chatham

2015,1 6620 S SAINT LAWRENCE AVE 4 Under Receivership 20 Woodlawn

2015,1 5502 Congress/414-418 Lotus 17 Under Receivership 29 Austin

2015,1 4134 Wilcox 20 Under Receivership 28 West Garfield Park

2015,1 7655 S Carpenter/1024 W 77th St 10 Under Receivership 17 Auburn Gresham

2015,1 6359 S Bishop/1418-20 W 64th ST 5 Under Receivership 16 West Englewood

2015,1 7331 S Dorchester Ave 3 Under Receivership 5 South Shore

2015,1 4800 S Winchester Ave 6 Under Receivership 16 New City

2015,1 1719-21 W Bryn Mawr 6 Under Receivership 40 Edgewater

2015,1 5938-40 S. Prairie 6 In Court 20 Washington Park

Appendices - 39

Dep

artm

ent

of P

lann

ing

and

Dev

elop

men

tTI

F-N

IP S

ING

LE-F

AM

ILY

PRO

GRA

M A

CTI

VIT

YJa

nuar

y 1 -

Mar

ch 3

1,

2015

Belo

w

15%

16-

30%

31-

50%

51-

60%

61-

80%

81-

100%

Ove

r 10

0%11

9th/

57th

Str

eet

47th

& K

ing

Driv

e47

th/H

alst

ed$1

4,37

51

163

rd &

Ash

land

$48,

703

41

3C

entr

al W

est

Chi

cago

/Cen

tral

Par

k II

$20,

125

22

Com

mer

cial

Ave

.En

glew

ood

III$1

4,37

51

1H

arris

on/C

entr

al II

Law

renc

e/Ke

dzie

Mid

wes

t N

orth

Pul

lman

N

. Pul

lman

Ldm

r kO

dgen

/Pul

aski

Pe

rshi

n g/K

ing

Sout

h C

hica

go II

IW

oodl

awn

llBr

onze

ville

Add

ison

Sou

thA

ustin

Com

mer

cial

Wes

t Woo

dlaw

n$1

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01

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TIF

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tric

tTI

F Fu

nds

Expe

nded

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lU

nits

Uni

ts b

y In

com

e Le

vel

Appendices - 40

Req

uest

s for

info

rmat

ion/

gene

ral i

nfor

mat

ion

piec

es m

aile

dC

ertif

icat

ion

of e

xist

ing

owne

rs (2

nd Q

)C

ertif

icat

ion

for n

ew b

unga

low

buy

ers (

2nd

Q)

# of

new

Mem

bers

App

rova

ls fo

r Vou

cher

(

# of

new

Mem

bers

App

rova

ls fo

r DO

E G

rant

- Fu

ndin

g Ex

pend

ed 4

th Q

201

3 (G

1) (1

st Q

)#

of n

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rs A

ppro

vals

for I

HD

A G

rant

#

of n

ew m

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rs A

ppro

vals

for D

CEO

Pro

gram

(2nd

Q)

# of

new

mem

bers

rece

ived

App

lianc

e R

epla

cem

ent P

rogr

am (D

CEO

-New

Pro

gram

as o

f 4th

Q 2

011)

0ho

me

equi

ty$0

hom

e eq

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finan

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refin

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0$0

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s for

info

rmat

iona

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ail

# of

hou

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lds w

ho u

tiliz

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eir o

wn

reso

urce

s for

reha

b#

of h

ouse

hold

s rec

eive

d ap

plia

nce

vouc

hers

#

of h

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hold

s rec

eive

d Pe

ople

Ene

rgy

(G1)

gra

nt d

olla

rs (n

ew &

exi

stin

g m

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rs)

# of

hou

seho

lds r

ecei

ved

ICEC

F (G

2) g

rant

dol

lars

#

of h

ouse

hold

s rec

eive

d IC

ECF

Mod

el B

lock

dol

lars

#

of h

ouse

hold

s rec

eive

d D

CEO

gra

nt (

new

and

exi

stin

g m

embe

rs)

# of

hou

seho

lds r

ecei

ved

CH

ES P

ilot G

rant

s (20

09 n

ew fu

nds)

#

of h

ouse

hold

s rec

eive

d IH

DA

gra

nt m

atch

ing

dolla

rs

# of

hou

seho

lds r

ecei

ved

App

lianc

e R

epla

cem

ent P

rogr

am (D

CEO

-New

Pro

gram

as o

f 4th

Q 2

011)

Act

ual #

of h

ouse

hold

s ser

ved,

taki

ng in

to a

ccou

nt m

ultip

le b

enef

its

HIS

TOR

IC C

HIC

AGO

BU

NG

ALO

W IN

ITIA

TIVE

Ben

efits

Rec

eive

d O

ctob

er 1

, 200

0 th

roug

h M

arch

31,

201

5

Prog

ram

Ince

ptio

n D

ate:

Oct

ober

1, 2

000

IND

ICAT

OR

107

CO

UN

TD

OLL

ARS

SPEN

T

16

$20,

120

74 1,11

563 64

1

$194

,300

0

1,04

7

2,10

3$3

,186

,800

$1,8

85,2

43

7,68

7

835

3,33

7$1

4,36

8,96

3

# of

hou

seho

lds w

ho a

cces

s ban

k lo

ans f

or re

hab

wor

k (2

nd Q

)

$3,8

12,4

822,

440

1,33

8

$0

30,2

31

67 280

$00

$1,0

42,0

51$1

0,06

7,23

7$1

50,0

00$2

,327

,007

$628

,630

Appendices - 41

Department of Planning and DevelopmentNEIGHBORHOOD LENDING PROGRAM


Quarter Reported Primary Address Loan Amount # of Units Ward

2015,1 5423 S Princeton $18,515 2 3

2015,1 3647 N. Sacramento $16,000 1 33

2015,1 5445 N. Sheridan Ave Unit 2508 $135,000 1 48

2015,1 5230 S. Albany Ave. $95,000 1 14

2015,1 8517 S Oglesby $85,000 1 8

2015,1 830 N Springfield $153,000 2 27

2015,1 6118 S. Talman Ave. $29,200 1 15

2015,1 5230 S. Trumbull Ave. $106,000 1 14

2015,1 7706 S. Winchester $155,800 1 18

2015,1 6417 S. Artesian Ave $161,200 2 15

2015,1 8110 S. Winchester Ave. $148,410 1 18

2015,1 9139 S. Lowe $27,720 1 21

2015,1 7041 S Crandon Unit 121 $60,730 1 5

2015,1 8227 S. East End Ave. $13,899 1 8

2015,1 4534 S Vincennes $41,310 1 3

2015,1 5467 S. Ingleside #3E $132,000 1 5

Appendices - 42

AAdd

ress

# o

f U

nits

Acq

uisi

tion

Pric

eRe

deve

lopm

ent

Cos

tC

omm

unity

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aW

ard

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e A

cqui

sitio

n C

lose

d

Dat

e Re

hab

Loan

Clo

sed

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er

SF A

cqui

siti

on T

otal

0$0

657

N D

rake

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1$1

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02/1

3/20

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hroo

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2$1

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SRC

7614

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arpe

nter

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1$3

1,50

0$3

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burn

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1706

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2014

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orat

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2014

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5Re

stor

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n D

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ent

6431

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n D

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ent

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448

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uisi

tion

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448

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le A

venu

e15

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60,3

71En

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2012

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2011

1/23

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5Ka

rry

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oung

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elop

men

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aski

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$540

,000

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02,1

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umbo

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Park

276/

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23/2

015

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don

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ding

s, L

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ns H

ousi

ng C

orp

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enue

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36,0

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ny P

ark

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22/2

011

1/23

/201

5Ch

icag

o M

etro

polit

an H

ousi

ng D

ev C

orp

5727

S C

alum

et A

venu

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000

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62,4

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ngto

n Pa

rk20

8/31

/201

13/

18/2

015

1600

Inv

estm

ent

Gro

up L

TDM

F R

ehab

Tot

al67

$9,9

67,9

23

NSP

Tot

als

83$3

4,44

8$1

2,95

6,49

8

Chi

cago

Nei

ghbo

rhoo

d St

abili

zatio

n Pr

ogra

m A

ctiv

ity

Janu

ary

1 - M

arch

31,

201

5

Not

e: T

he A

cqui

sitio

n am

ount

is c

ount

ed in

the

quar

ter

in w

hich

the

acqu

isiti

on c

lose

s. T

he R

ehab

am

ount

is c

ount

ed in

the

quar

ter

in w

hich

the

prop

erty

is tr

ansf

erre

d to

the

deve

lope

r. B

egin

ning

in 2

014,

all

units

are

cou

nted

at t

ime

of r

ehab

.

Appendices - 43

Stat

usof

Nei

ghbo

rhoo

dSt

abili

zatio

nPr

ogra

mPr

oper

ties

Upd

ated

April

2,20

15

Stre

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rent

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us

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orte

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tim

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al

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men

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ost

at G

rant

C

lose

-out

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mat

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tal

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men

tC

ost

as o

f 4/

2/20

15

Com

mun

ity

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Con

trac

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abD

emo'

d

For

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le/R

ente

dor

For

Ren

t (a

vaila

bilit

yva

ries

per

pr

oper

ty)

Sold

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ted

Gra

nt

1003

W 7

7th

Stre

et6

For

Rent

1,19

8,23

0$1

,199

,754

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burn

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sham

War

d 17

KMW

Com

mun

ities

LL C

XX

XX

NSP

310

07 N

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ay A

venu

e2

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551,

936

$550

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bold

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27KM

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omm

uniti

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L CX

XX

XX

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210

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XX

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1055

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tree

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891,

705

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bold

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37CD

GII

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XX

XX

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210

713

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74,8

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XX

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ativ

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XX

XX

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110

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ampl

ain

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264,

461

$323

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War

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a go

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rhoo

d In

itiat

ives

XX

XX

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SP1

1072

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plai

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1,54

8$2

51,0

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XX

XX

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plai

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9$2

57,7

16.9

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d In

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XX

XX

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SP1

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XX

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67,6

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ativ

esX

XX

XX

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110

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ampl

ain

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236,

582

$236

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ativ

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250,

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$250

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ativ

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XX

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110

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295,

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XX

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ativ

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111

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ticel

lo A

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789,

222

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bold

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27CD

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XX

XX

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2

1153

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edva

le A

venu

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381,

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Hum

bold

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338,

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XX

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219,

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onst

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ion ,

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XX

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343,

150

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ghbo

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d In

itiat

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XX

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335,

940

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est

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anW

ard

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ica g

o N

eigh

borh

ood

Initi

ativ

esX

XX

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1162

5 S

Ada

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e t1

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350,

821

$349

,814

.22

Wes

t Pu

llman

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d 34

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a go

Nei

ghbo

rhoo

d In

itiat

ives

XX

XX

XN

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1162

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ne A

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ired

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est

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borh

ood

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ativ

esX

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SP1,

2 &

311

649

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a St

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est

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anW

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o N

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ood

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ativ

esX

XX

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1174

0 S

Eliz

abet

h St

ree t

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r Sa

le33

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est

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ood

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ativ

esX

XX

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SP3

1201

3-15

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ggle

ston

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nue

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nted

1,72

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t Pu

llman

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d 34

KMA

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din g

sX

XX

XX

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112

14 W

52n

d St

ree t

3Re

nted

313,

637

$343

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.29

New

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War

d 16

New

Wes

t Re

alt y

XX

XX

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3

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XX

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XX

XX

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XX

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115

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305,

476

$305

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XX

XX

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190,

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XX

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116

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116

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enue

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XX

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316

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XX

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118

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ion

XX

XX

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1830

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358,

807

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mos

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XX

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1863

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XX

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Corp

orat

ion

XX

XX

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SP2

2028

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353

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War

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c.X

XX

XX

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220

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War

d 30

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kin g

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und

XX

XX

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2105

N T

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369,

836

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War

d 30

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ty E

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ion

XX

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2107

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XX

XX

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393,

308

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Her

mos

aW

ard

31Ke

ane y

Con

stru

ctio

nX

XX

XX

NSP

221

18 N

Kee

ler

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ue2

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416,

304

$416

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Her

mos

aW

ard

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L D

evel

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ent

Inc.

XX

XX

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ed64

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t, L

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XX

XX

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SP1

2244

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venu

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510,

641

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Her

mos

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Inc.

XX

XX

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2501

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ago

Law

nW

ard

15KM

A H

oldi

n gs

XX

XX

XN

SP1

& 2

2635

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t Lo

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349,

599

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uth

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22Br

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n g G

roun

dX

XX

XX

NSP

229

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n , L

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XX

XX

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129

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Cor

pora

tion

XX

XX

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3141

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st G

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War

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.X

XX

NSP

332

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91s

t St

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Sold

109,

559

$104

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icag

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ian

Asso

ciat

es, I

nc.

XX

XX

NSP

1

Trad

itio

nal N

SP w

ith

Reh

ab

Page

1of

4

Appendices - 44

Stat

usof

Nei

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rhoo

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abili

zatio

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oper

ties

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2,20

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93So

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War

d 10

XX

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3252

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1,57

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ago

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sing

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t Co

rpX

XX

XX

NSP

2

327

N C

entr

al P

ark

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ue2

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338,

092

$336

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st G

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ld P

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War

d 28

Com

mun

ity M

ale

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wer

men

t Pr

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tX

XX

XX

NSP

1

3302

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8 W

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on S

tree

t8

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ed1,

662,

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09.4

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bold

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rkW

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27KM

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omm

uniti

es L

L CX

XX

XX

NSP

233

28 W

65t

h St

ree t

1So

ld40

5,06

3$4

05,0

62.1

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wn

War

d 15

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vest

men

ts L

L CX

XX

XX

NSP

233

39 W

Le

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ne S

tree

t1

Sold

311,

769

$311

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Hum

bold

t Pa

rkW

ard

26An

chor

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up L

td. o

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inoi

sX

XX

XX

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133

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nt2,

424,

225

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Hum

bold

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rkW

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27KM

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omm

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L CX

XX

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3352

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d 28

Com

mun

ity M

ale

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men

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tX

XX

XX

NSP

1

3412

W W

alnu

t St

reet

2So

ld25

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58,2

62.2

7Ea

st G

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ld P

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War

d 28

Com

mun

ity M

ale

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wer

men

t Pr

ojec

tX

XX

XX

NSP

1

3417

W H

irsch

Str

eet

1So

ld27

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4$2

73,9

90.6

7H

umbo

ldt

Park

War

d 26

Latin

Uni

ted

Com

mun

ity H

ousi

n gAs

soci

atio

nX

XX

XX

NSP

1

3430

W F

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n Av

enue

3La

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70,8

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0,88

9.54

East

Gar

field

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28X

XX

NSP

134

54 W

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quet

te R

oad

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ld48

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5$4

81,6

04.6

3Ch

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wn

War

d 15

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cago

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up I

I, L

LCX

XX

XX

NSP

234

7-51

S C

entr

al A

venu

e22

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ed2,

556,

797

$2,6

75,8

75.6

6Au

stin

War

d 29

Karr

y L.

Youn

g D

evel

opm

ent,

LLC

.X

XX

XX

NSP

135

07 W

Hirs

ch S

tree

t1

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bank

ed63

,316

$63,

315.

56H

umbo

ldt

Park

War

d 26

XX

XN

SP1

3508

W P

alm

er S

tree

t1

Sold

453,

524

$453

,524

.33

Loga

n Sq

uare

War

d 35

JML

Dev

elo p

men

t In

c.X

XX

XX

NSP

2

3518

W L

eMoy

ne S

tree

t1

Sold

310,

036

$310

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Hum

bold

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26La

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nite

d Co

mm

unity

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sing

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ciat

ion

XX

XX

XN

SP1

3519

W D

icke

ns A

venu

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490,

086

$493

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Loga

n Sq

uare

War

d 26

Brea

kin g

Gro

und

XX

XX

XN

SP2

3520

W P

alm

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tree

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669,

632

$670

,147

.45

Loga

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uare

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d 26

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cago

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up I

I, L

LCX

XX

XX

NSP

235

50 W

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dale

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7Re

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1,17

1,67

5$1

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Loga

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War

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His

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XX

XX

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3551

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68,0

72.3

5N

orth

Law

ndal

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ard

24Br

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n g G

roun

dX

XX

XX

NSP

135

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mer

Ave

nue

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429,

986

$434

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.38

Loga

n Sq

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War

d 26

JML

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elo p

men

t In

c.X

XX

NSP

236

47 W

Pal

mer

Str

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1So

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7$4

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26PM

G C

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go G

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II,

LLC

XX

XX

XN

SP2

3818

W O

hio

Stre

et3

Rent

ed60

2,35

1$5

57,0

58.8

5H

umbo

ldt

Park

War

d 27

KMW

Com

mun

ities

LL C

XX

XX

XN

SP1

& 2

3847

W H

uron

Str

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3Re

nted

634 ,

336

$610

,218

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Hum

bold

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rkW

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27KM

W C

omm

uniti

es L

L CX

XX

XX

NSP

1 &

240

66 S

Lak

e Pa

rk A

venu

e1

Sold

234,

690

$233

,189

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Oak

land

War

d 4

Brea

kin g

Gro

und

XX

XX

XN

SP1

4231

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ivis

ion

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194,

112

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12.2

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War

d 37

IFF

XX

XX

XN

SP2

4253

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ncX

XX

XX

NSP

243

26 W

Dic

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Ave

nue

2So

ld51

4,80

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15,2

77.3

8H

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War

d 30

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t In

c.X

XX

XX

NSP

243

6-42

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vere

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pert

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men

tX

XX

XX

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2

4415

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tsid

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tion

XX

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4419

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LLC

XX

XX

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SP2

4440

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277,

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bold

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37CD

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XX

XX

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4711

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ontic

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nue

2So

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uniti

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L CX

XX

XX

NSP

248

00-1

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umet

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ent

XX

XX

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49 W

108

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193,

468

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d 34

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XX

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8$3

44,7

37.9

4Au

stin

War

d 37

KMA

Hol

din g

sX

XX

XX

NSP

151

41 W

Con

cord

Pla

ce1

Sold

221,

128

$221

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ard

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ung

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LC.

XX

XX

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SP1

515

N L

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970.

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29X

XX

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152

54-5

6 W

Ada

ms

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e t1

Sold

271,

875

$286

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Aust

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ard

29Br

eaki

n g G

roun

dX

XX

XX

NSP

153

6 N

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rs A

venu

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308,

910

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bold

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rkW

ard

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up L

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inoi

sX

XX

XX

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155

20 S

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ed1,

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Was

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alt y

XX

XX

XN

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& 2

5521

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s Av

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672,

912

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ard

29Th

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Corn

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XX

XX

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SP1

5546

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uinc

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73,6

49.3

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stin

War

d 29

Brea

kin g

Gro

und

XX

XX

XN

SP1

5615

S P

rairi

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enue

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nted

1,99

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1$1

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Was

hing

ton

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War

d 20

POAH

XX

XX

XN

SP1

5655

S I

ndia

na A

venu

e22

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ed1 ,

590,

982

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15,1

57.0

3W

ashi

ngto

n Pa

rkW

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20Ja

rrel

l Law

ndal

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stor

atio

nX

XX

XX

NSP

257

27 S

Cal

umet

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nue

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nted

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7$1

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ton

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d 20

1600

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estm

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TDX

XX

XX

NSP

258

40 S

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rive

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ashi

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20IF

FX

XX

XX

NSP

259

21-3

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Appendices - 45

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SP2&

3

Page

3of

4

Appendices - 46

Stat

usof

Nei

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abili

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oper

ties

Upd

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2,20

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.)

Page

4of

4

Appendices - 47

REVE

NU

ES R

ecei

ved

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nues

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eive

d an

d De

posit

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003-

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CATI

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of A

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und

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OF)

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he A

fford

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uire

men

ts O

rdin

ance

, "Si

xty

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f the

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ual

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nues

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osite

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to th

e fu

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all b

e us

ed fo

r con

stru

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n or

reha

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atio

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affo

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ousin

g."

Per t

he A

fford

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Req

uire

men

ts O

rdin

ance

, “Fo

rty

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osite

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e fu

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all b

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uted

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e Tr

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of w

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the

fort

y pe

rcen

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ll be

rest

ricte

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lely

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urpo

se o

f dep

osit

into

the

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t Fun

d's c

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s, a

nd th

e re

mai

ning

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hall

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sed

for t

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d's A

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ts fo

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e Tr

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r pro

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as t

he

Mul

ti-ye

ar A

fford

abili

ty th

roug

h U

pfro

nt In

vest

men

t (M

AUI).

Appendices - 48

Year

Proj

ect N

ame

Add

ress

War

dTo

tal U

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AH

OF

Inve

stm

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2015

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(thr

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1,

20

15

)

Appendices - 49

AFF

ORD

ABL

E RE

QU

IREM

ENTS

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S A

ND

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.

Appendices - 50

DENSITY BONUS REPORT (through 3/31/2015)

Property Address DeveloperPlan Commission

ApprovalType Projected Payment Cash Received

Number of Affordable Units

126 N. Des Plaines / 659 W. Randolph Mesirow Stein Development Services 10/6/2006 units/paymentN/A - initially built units rather than

payment $555,124.90 5

2 W. Erie, Dana Hotel Dana Hotel, LLC payment $335,400.00 $$335,400.00

10 East DelawareTen East Delaware, LLC, the Prime Group, Inc., It's Manager Jun-06 payment $2,376,420.00 $$2,376,420.00

60 E. Monroe Mesa Development 5/1/2005 payment $1,325,303.00 $$1,325,303.00

111 W. Illinois The Alter Group As of Right payment $922,420.00 $$922,420.00

123 S. Green, The Emerald BGreek Town Residential Partners LLC, 4104 N. Harlem, 60634 7/21/2006 payment $285,600.00 $$285,600.00

125 S. Green, The Emerald AGreek Town Residential Partners LLC, 4104 N. Harlem, 60634 7/21/2006 payment $224,400.00 $$224,400.00

151 N. State Street (MMOMO) Smithfield Properties, LLC 7/1/2005 payment $299,000.00 $$299,000.00

160 E. Illinois Orange Blue RHA As of Right payment $639,828.00 $$639,828.00

301-325 W. Ohio (BBowne )Woodlawn Development LLC (Metropolitan Real Estate) 5/19/2005 payment $1,216,860.00 $$1,216,860.00

550 N. St. Clair Street Sutherland Pearsall Dev. Corp. As of Right payment $373,180.00 $$373,180.00

600 N. Fairbanks Ct Schatz Development, 610 N. Fairbanks 7/1/2005 payment $580,880.00 $$580,880.00

611 S. Wells TR Harrison, LLC As of Right payment $22,734.50 $$22,734.50

642 S. Clark Smithfield Properties, LLC As of Right payment $225,965.00 $$225,965.00

1001 W. VanBuren Smithfield Properties, LLC 6/1/2005 payment $87,451.81 $$87,451.81

1255 S. State 13th&State LLC 5/1/2005 payment $247,254.00 $$247,254.00

1400-16 S. Michigan 1400 S Michigan LLC 12/1/2005 payment $432,316.80 $$432,316.80

1454-56 S. Michigan Sedgwick Properties Deve. Corp 5/19/2005 payment $322,371.25 $$322,371.25

1555 S. Wabash Avenue Nine West Realty, 1300 Paulina St., 3rd Fl 60608 As of Right payment $127,144.80 $$127,144.80

1720 S. Michigan Avenue 1712THC,LLC by CK2 Development LLC 11/1/2005 payment $915,631.20 $$915,631.20

2131 S. Michigan Ave/2138 S Indiana Michigan-Indiana LLC by Chieftain Const., 11/1/2005 payment $614,451.60 $$614,451.60

2100 S. Indiana Avalon Development Group, LLC Sep-06 payment $285,451.00 $$285,451.00

205-15 W. Washington Jupiter Realty Corporation 3/16/2006 payment $420,305.60 $$420,305.60

212-232 E. Erie, 217-35 W. Huron ((Flair Tower) Newport Builders, Inc. 12/1/2005 payment $2,250,415.00 $$2,250,415.00161 W. Kinzie Lynd Development As of Right payment $1,211,280.00 $$1,211,280.00

1-5 W. Walton / 2 W. Delware (SScottish Rite - Walton on the Park ) The Enterprise Companies As of Right payment $2,698,385.00 $$2,698,385.00

200-218 W. Lake St/206 N. Wells St.210-218 W. Lake LLC, 920 York Rd., #320, Hinsdale IL 60521 May-07 payment $1,439,416.80 $$1,439,416.80

118 E Erie NM Project Company, LLC As of Right payment $1,990,686.72 $$1,990,686.72501 N Clark55-75 W Grand54-74 W Illinois Boyce II, LLC 11/19/2009 payment $2,920,843.80 $$2,920,843.80618-630 W. Washington/101-121 N. Des Plaines (tthe Catalyst ) The Cornerstone Group 70, LLC 12/1/2005 payment $540,630.00 $$540,630.00111 W Wacker 4/11/2007 payment $89,869.68 $$89,869.68171 N. Wabash/73 E. Lake Street M&R Development, LLC 8/21/2008 payment $1,482,941.00 $$1,482,941.00

212-232 W Illinois St., 501-511 N. Franklin St. JDL Acquisitions, LLC, 908 N. Halsted, Chicago Aug-08 payment $2,654,166.00 $$1,191,822.001- 19 E Chestnut Loyola University of Chicago 3/21/2013 payment $220,607.00 $$220,607.00Arkadia201-17 S Halsted61-79 W Adams758-78 W Quincy

White Oak Realty Partners

11/27/2012 payment $1,675,132.80 $$1,675,132.80118 - 128 W Chicago 801- 819 N LaSalle Smithfield Properties XVI LLC 5/16/2013 payment $714,892.20 $$714,892.20118 - 128 W Chicago 801- 819 N LaSalle Smithfield Properties XVI LLC 1/16/2014 payment $953,198.20 $953,198.20Old Colony Building407 S Dearborn35-39 W Van Buren 407 Dearborn LLC 7/18/2013 payment $605,556.48 $$605,556.48707 North Wells Akara Development Services N/A payment $351,877.60 $$351,877.60

200-214 N Michigan Ave (2200 N. Michigan Avenue )Buck Development 200 LLC 12/19/2013 payment $1,291,931.20 $$1,291,931.20

360 N Michigan AG-OCG 360 North Michigan LLC 9/18/2014 payment $177,940.50 $177,940.50

1149-1167 S State St (SState/Elm Street )Elm State Property LLC 1/16/2014 payment $1,178,544.00 $$1,178,544.00

171 N. Halsted 171 Partners LLC 8/21/2014 payment $913,703.00 $$913,703.00150 N. Jefferson ( RRandolph Hote l) Atira Hotels/JHM Hotels As of Right payment $474,621.1951-67 E Van Buren/401-419 S Wabash (BBuckingham-Wabash II ) Buckingham/Wabash LLC 6/18/2009 payment $2,026,879.20

324 W. Harrison Street (OOld Post Office )*International Property Developers North America Inc 7/18/2013 payment/units $26,098,631.00

723-729 W Randolph (7725 Randolph Street )725 Randolph LLC 12/19/2013 payment $541,640.40

720 N. LaSalle Superior Park LLC 8/21/2014 payment $1,082,120.80167 Erie MAC West LLC 8/21/2014 payment $2,310,888.80451 E Grand Related Midwest 12/18/2014 payment $2,983,168.00400-420 W Huron700-708 N Sedgwick Foodsmith Huron Associates LLC 12/18/2014 payment $744,312.80

801-833 N Clark ((833 Clark Apartments ) Ryan Companies 10/23/2014 payment $974,345.60

Total $74,878,993.33 $36,735,166.44 5

*Developer has agreed to provide at least 10% of bonus square footage as affordable housing, with a minimum of 281,235 square feet


ApprovalType Projected Payment Cash Received

Number of Affordable Units

2346-56 S. Wabash Dave Dubin 3/17/2005 units N/A Units 10400 N. Lake Shore Drive (TThe Spire ) Shelborne North Water Street LP 4/19/2007 payment $5,700,300.00

1327 S. Wabash ((Glashaus )Wabash Street, LLC, c/o Piedmont Development, 327 S. Sangamon, 60607 7/5/2006 payment $412,351.00

1 South Halsted723-741 W. Madison1-41 S Halsted760-778 W Monroe Mid City Plaza LLC 8/16/2012 payment $2,587,291.80535 N. St. Clair Sutherland Pearsall Dev. Corp. 6/1/2006 payment $3,595,112.351-15 E. Superior 1 E. Superior, LLC 2/1/2006 payment $940,960.00150 E. Ontario Monaco Development 5/19/2005 payment $3,880,870.40

Total $17,116,885.55


ApprovalType Projected Payment Date Canceled

100-106 S Sangamon, 933-943 W Monroe St Campus Condominiums, LLC payment $243,617 October-06

301-319 S. Sangamon Street / 925 W. Jackson Heidner Properties August-06 units N/A Units March-10

501-517 W. Huron; 658-678 N. Kingsbury; 500-502 W. Erie ((Park Kingsbury) 501 Huron Building Corporation June-06 payment $853,320 August-078 East Huron 8 E. Huron Associates November-06 payment $153,162 Apr-08

680 N. Rush (F/K/A 65 East Huron) (CCanyon Ranch ) Huron-Rush, LLC December-05 payment $1,550,239 June-082100 S. Prairie Avenue 2100 S. Prairie, LLC As of Right payment $129,730 August-08251 E. Ohio / 540 N. Fairbanks Fairbanks Development Associates, LLC January-07 $1,042,945 October-082055 S. Praire (Chess Lofts/Aristocrat ) Warman Development September-05 payment $576,947.00 January-09

1712 S. Prairie 1712 S. Prairie LLC 2/1/2006 payment $699,890.00 September-09

630 N. McClurg Golub & Company 5/1/2008 payment $7,920,806.40 December-09

Total $13,170,655.60

DENSITY BONUS: PROJECTS ON HOLD

DENSITY BONUS: CANCELED PROJECTS

Appendices - 51

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t St.

& S

. Lak

e P

ark

Ave

.4

4751

3413

2

20

129/

27/2

013

Dor

ches

ter/D

ante

Dor

ches

ter A

rtist

Hou

sing

Vic

. of E

. 70t

h S

t. &

S. H

arpe

r Ave

.5

1112

932

2013

12/2

4/20

13S

tate

way

Gar

dens

Par

k B

oule

vard

Pha

se II

BV

ic. o

f 37t

h S

t. &

S. S

tate

St.

337

3437

108

2013

1/29

/201

4R

ober

t Tay

lor

Lege

nds

Sou

th C

3 R

enta

lV

ic. O

f 430

0-49

00 S

. Mic

higa

n A

ve.

330

2318

71

20

146/

25/2

014

Cab

rini-G

reen

Par

ksid

e P

hase

2B

Ren

tal

459

W. D

ivis

ion

St.

2736

2743

106

2,57

91,

692

777

5,04

8

*

Chi

cago

Dep

artm

ent o

f Pla

nnin

g an

d D

evel

opm

ent

Com

mitm

ents

to th

e C

hica

go H

ousi

ng A

utho

rity'

s Pl

an fo

r Tra

nsfo

rmat

ion

His

toric

al R

epor

t: D

ecem

ber 1

, 199

9 - M

arch

31,

201

5

Rent

al De

velo

pmen

tCH

A De

velo

pmen

tCl

osin

gDa

te

TOTA

LS

Figu

res

repr

esen

t onl

y th

ose

rent

al u

nits

in w

hich

the

City

of C

hica

go h

as in

vest

ed. T

hey

are

not i

nten

ded

to re

flect

the

tota

lity

of a

ll pu

blic

hou

sing

, affo

rdab

le, o

r mar

ket r

ate

units

cr

eate

d un

der t

he C

HA

's P

lan

for T

rans

form

atio

n. F

or a

com

plet

e pr

ogre

ss re

port

on a

ll de

velo

pmen

t act

ivity

in s

uppo

rt of

the

Pla

n fo

r Tra

nsfo

rmat

ion,

ple

ase

go to

ht

tp://

ww

w.th

echa

.org

/pag

es/a

nnua

l_pl

ans_

_rep

orts

___r

esid

ent_

polic

ies/

40.p

hp.

Tota

lUn

itsAd

dres

sRe

ntal

Units

by T

ype*

War

dYe

arAp

prov

ed

Appendices - 52

Hou

seho

ld

Size

10%

Are

a M

edia

n In

com

e

15%

Are

a M

edia

n In

com

e

20%

Are

a M

edia

n In

com

e

30%

Are

a M

edia

n In

com

e (H

OM

E Ex

trem

ely

Low

In

com

e Li

mit)

40%

Are

a M

edia

n In

com

e

50%

Are

a M

edia

n In

com

e (H

OM

E Ve

ry L

ow In

com

e Li

mit)

60%

Are

a M

edia

n In

com

e

65%

Are

a M

edia

n In

com

e

80%

Are

a M

edia

n In

com

e (H

OM

E Lo

w In

com

e Li

mit)

90%

Are

a M

edia

n In

com

e

95%

Are

a M

edia

n In

com

e

100%

Are

a M

edia

n In

com

e

115%

Are

a M

edia

n In

com

e

120%

Are

a M

edia

n In

com

e

140%

Are

a M

edia

n In

com

e

1 pe

rson

$5,3

20$7

,980

$10,

640

$16,

000

$21,

280

$26,

600

$31,

920

$34,

580

$42,

600

$47,

880

$50,

540

$53,

200

$61,

180

$63,

840

$74,

480

2 pe

rson

s$6

,080

$9,1

20$1

2,16

0$1

8,25

0$2

4,32

0$3

0,40

0$3

6,48

0$3

9,52

0$4

8,65

0$5

4,72

0$5

7,76

0$6

0,80

0$6

9,92

0$7

2,96

0$8

5,12

0

3 pe

rson

s$6

,840

$10,

260

$13,

680

$20,

555

$27,

360

$34,

200

$41,

040

$44,

460

$54,

750

$61,

560

$64,

980

$68,

400

$78,

660

$82,

080

$95,

760

4 pe

rson

s$7

,600

$11,

400

$15,

200

$24,

250

$30,

400

$38,

000

$45,

600

$49,

400

$60,

800

$68,

400

$72,

200

$76,

000

$87,

400

$91,

200

$106

,400

5 pe

rson

s$8

,210

$12,

315

$16,

420

$28,

410

$32,

840

$41,

050

$49,

260

$53,

365

$65,

700

$73,

890

$77,

995

$82,

100

$94,

415

$98,

520

$114

,940

6 pe

rson

s$8

,820

$13,

230

$17,

640

$32,

570

$35,

280

$44,

100

$52,

920

$57,

330

$70,

550

$79,

380

$83,

790

$88,

200

$101

,430

$105

,840

$123

,480

7 pe

rson

s$9

,430

$14,

145

$18,

860

$36,

730

$37,

720

$47,

150

$56,

580

$61,

295

$75,

400

$84,

870

$89,

585

$94,

300

$108

,445

$113

,160

$132

,020

8 pe

rson

s$1

0,04

0$1

5,06

0$2

0,08

0$4

0,89

0$4

0,89

0$5

0,20

0$6

0,24

0$6

5,26

0$8

0,30

0$9

0,36

0$9

5,38

0$1

00,4

00$1

15,4

60$1

20,4

80$1

40,5

60

9 pe

rson

s$1

0,64

0$1

5,96

0$2

1,28

0$4

5,05

0$4

5,05

0$5

3,20

0$6

3,84

0$6

9,16

0$8

5,12

0$9

5,76

0$1

01,0

80$1

06,4

00$1

22,3

60$1

27,6

80$1

48,9

60

10 p

erso

ns$1

1,24

8$1

6,87

2$2

2,49

6$4

9,21

0$4

9,21

0$5

6,24

0$6

7,48

8$7

3,11

2$8

9,98

4$1

01,2

32$1

06,8

56$1

12,4

80$1

29,3

52$1

34,9

76$1

57,4

72

NO

TES:

•Inc

ome

limits

are

for

the

Chi

cago

-Nap

ervi

lle-J

olie

t, IL

HU

D M

etro

FM

R A

rea.

•Effe

ctiv

e un

til s

uper

sede

d.•I

ncom

e lim

its a

t 30%

, 50%

and

80%

AM

I are

as

publ

ishe

d by

HU

D.

TABL

E O

F IN

CO

ME

LIM

ITS

(Effe

ctiv

e M

arch

6, 2

015)

•Inc

ome

limits

at a

ll ot

her

inco

me

leve

ls a

re c

alcu

late

d pe

r H

UD

met

hodo

logy

, bas

ed o

n Ve

ry L

ow In

com

e (5

0% A

MI)

limit.

•Inc

ome

limits

for

9-pe

rson

hou

seho

lds

are

calc

ulat

ed a

t 140

% o

f 4-p

erso

n lim

its;

inco

me

limits

for

10-p

erso

n ho

useh

olds

are

cal

cula

ted

at 1

48%

of 4

-per

son

limits

. •I

ncom

e lim

its a

t 40%

AM

I for

8-,

9-

and

10-p

erso

n ho

useh

olds

wer

e ad

just

ed s

o th

at th

ey a

re n

ot e

xcee

ded

by E

xtre

mel

y Lo

w In

com

e (3

0% A

MI)

limit.

Reference - 1

Max

imum

Mon

thly

Gro

ss R

ents

(max

imum

ren

ts w

hen

tena

nts

pay

no u

tiliti

es/l

andl

ord

pays

all

utili

ties)

:

Num

ber

ofBe

droo

ms

10%

15%

20%

30%

40%

50%

(Low

HO

ME

Rent

Lim

it)60%

Hig

h H

OM

E Re

nt L

imit*

65%

80%

100%

120%

HU

D F

air

Mar

ket

Rent

*

0$1

27$1

90$2

54$3

80$5

07$6

63$7

74$7

41$8

43$1

,014

$1,2

68$1

,545

$727

1$1

36$2

04$2

72$4

08$5

44$7

11$8

29$8

42$9

04$1

,086

$1,3

59$1

,656

$826

2$1

63$2

45$3

26$4

89$6

52$8

53$9

95$9

82$1

,087

$1,3

04$1

,630

$1,9

88$9

793

$188

$282

$377

$564

$753

$985

$1,1

48$1

,247

$1,2

47$1

,506

$1,8

83$2

,296

$1,2

484

$210

$315

$420

$630

$840

$1,1

00$1

,281

$1,3

71$1

,371

$1,6

80$2

,100

$2,5

61$1

,455

5$2

32$3

48$4

64$6

95$9

27$1

,213

$1,4

14$1

,495

$1,4

95$1

,853

$2,3

18$2

,826

$1,6

73

Max

imum

ren

ts w

hen

tena

nts

pay

for

cook

ing

gas

and

othe

r el

ectr

ic (n

ot h

eat):

Num

ber

ofBe

droo

ms

10%

15%

20%

30%

40%

50%

(Low

HO

ME

Rent

Lim

it)60%

Hig

h H

OM

E Re

nt L

imit*

65%

80%

100%

120%

HU

D F

air

Mar

ket

Rent

*

0$9

2$1

55$2

19$3

45$4

72$6

28$7

39$7

06$8

08$9

79$1

,233

$1,5

10$6

92

1$9

3$1

61$2

29$3

65$5

01$6

68$7

86$7

99$8

61$1

,043

$1,3

16$1

,613

$783

2$1

12$1

94$2

75$4

38$6

01$8

02$9

44$9

31$1

,036

$1,2

53$1

,579

$1,9

37$9

28

3$1

29$2

23$3

18$5

05$6

94$9

26$1

,089

$1,1

88$1

,188

$1,4

47$1

,824

$2,2

37$1

,189

4$1

39$2

44$3

49$5

59$7

69$1

,029

$1,2

10$1

,300

$1,3

00$1

,609

$2,0

29$2

,490

$1,3

84

5$1

53$2

69$3

85$6

16$8

48$1

,134

$1,3

35$1

,416

$1,4

16$1

,774

$2,2

39$2

,747

$1,5

94

0$9

9$1

62$2

26$3

52$4

79$6

35$7

46$7

13$8

15$9

86$1

,240

$1,5

17$6

99

1$9

9$1

67$2

35$3

71$5

07$6

74$7

92$8

05$8

67$1

,049

$1,3

22$1

,619

$789

2$1

18$2

00$2

81$4

44$6

07$8

08$9

50$9

37$1

,042

$1,2

59$1

,585

$1,9

43$9

34

3$1

35$2

29$3

24$5

11$7

00$9

32$1

,095

$1,1

94$1

,194

$1,4

53$1

,830

$2,2

43$1

,195

4$1

45$2

50$3

55$5

65$7

75$1

,035

$1,2

16$1

,306

$1,3

06$1

,615

$2,0

35$2

,496

$1,3

90

5$1

59$2

75$3

91$6

22$8

54$1

,140

$1,3

41$1

,422

$1,4

22$1

,780

$2,2

45$2

,753

$1,6

00

CIT

Y O

F C

HIC

AG

O

MA

XIM

UM

AFF

ORD

ABL

E M

ON

THLY

REN

TS 2

014

Single Family Multi-family**

Effe

ctiv

e M

ay 1

, 201

4P

age

1 of

4

Reference - 2

CIT

Y O

F C

HIC

AG

O

MA

XIM

UM

AFF

ORD

ABL

E M

ON

THLY

REN

TS 2

014

Max

imum

ren

ts w

hen

tena

nts

pay

for

elec

tric

hea

t, co

okin

g ga

s, a

nd o

ther

ele

ctric

:

Num

ber

ofBe

droo

ms

10%

15%

20%

30%

40%

50%

(Low

HO

ME

Rent

Lim

it)60%

Hig

h H

OM

E Re

nt L

imit*

65%

80%

100%

120%

HU

D F

air

Mar

ket

Rent

*

0$4

7$1

10$1

74$3

00$4

27$5

83$6

94$6

61$7

63$9

34$1

,188

$1,4

65$6

47

1$3

1$9

9$1

67$3

03$4

39$6

06$7

24$7

37$7

99$9

81$1

,254

$1,5

51$7

21

2$3

3$1

15$1

96$3

59$5

22$7

23$8

65$8

52$9

57$1

,174

$1,5

00$1

,858

$849

3$3

3$1

27$2

22$4

09$5

98$8

30$9

93$1

,092

$1,0

92$1

,351

$1,7

28$2

,141

$1,0

93

4$1

7$1

22$2

27$4

37$6

47$9

07$1

,088

$1,1

78$1

,178

$1,4

87$1

,907

$2,3

68$1

,262

5$1

4$1

30$2

46$4

77$7

09$9

95$1

,196

$1,2

77$1

,277

$1,6

35$2

,100

$2,6

08$1

,455

0$5

8$1

21$1

85$3

11$4

38$5

94$7

05$6

72$7

74$9

45$1

,199

$1,4

76$6

58

1$4

3$1

11$1

79$3

15$4

51$6

18$7

36$7

49$8

11$9

93$1

,266

$1,5

63$7

33

2$4

6$1

28$2

09$3

72$5

35$7

36$8

78$8

65$9

70$1

,187

$1,5

13$1

,871

$862

3$4

7$1

41$2

36$4

23$6

12$8

44$1

,007

$1,1

06$1

,106

$1,3

65$1

,742

$2,1

55$1

,107

4$3

3$1

38$2

43$4

53$6

63$9

23$1

,104

$1,1

94$1

,194

$1,5

03$1

,923

$2,3

84$1

,278

5$3

1$1

47$2

63$4

94$7

26$1

,012

$1,2

13$1

,294

$1,2

94$1

,652

$2,1

17$2

,625

$1,4

72

Max

imum

ren

ts w

hen

tena

nts

pay

for

gas

heat

, coo

king

gas

, and

oth

er e

lect

ric:

Num

ber

ofBe

droo

ms

10%

15%

20%

30%

40%

50%

(Low

HO

ME

Rent

Lim

it)60%

Hig

h H

OM

E Re

nt L

imit*

65%

80%

100%

120%

HU

D F

air

Mar

ket

Rent

*

0$4

8$1

11$1

75$3

01$4

28$5

84$6

95$6

62$7

64$9

35$1

,189

$1,4

66$6

48

1$4

2$1

10$1

78$3

14$4

50$6

17$7

35$7

48$8

10$9

92$1

,265

$1,5

62$7

32

2$5

4$1

36$2

17$3

80$5

43$7

44$8

86$8

73$9

78$1

,195

$1,5

21$1

,879

$870

3$6

4$1

58$2

53$4

40$6

29$8

61$1

,024

$1,1

23$1

,123

$1,3

82$1

,759

$2,1

72$1

,124

4$6

4$1

69$2

74$4

84$6

94$9

54$1

,135

$1,2

25$1

,225

$1,5

34$1

,954

$2,4

15$1

,309

5$7

2$1

88$3

04$5

35$7

67$1

,053

$1,2

54$1

,335

$1,3

35$1

,693

$2,1

58$2

,666

$1,5

13

0$5

6$1

19$1

83$3

09$4

36$5

92$7

03$6

70$7

72$9

43$1

,197

$1,4

74$6

56

1$5

0$1

18$1

86$3

22$4

58$6

25$7

43$7

56$8

18$1

,000

$1,2

73$1

,570

$740

2$6

2$1

44$2

25$3

88$5

51$7

52$8

94$8

81$9

86$1

,203

$1,5

29$1

,887

$878

3$7

3$1

67$2

62$4

49$6

38$8

70$1

,033

$1,1

32$1

,132

$1,3

91$1

,768

$2,1

81$1

,133

4$7

4$1

79$2

84$4

94$7

04$9

64$1

,145

$1,2

35$1

,235

$1,5

44$1

,964

$2,4

25$1

,319

5$8

1$1

97$3

13$5

44$7

76$1

,062

$1,2

63$1

,344

$1,3

44$1

,702

$2,1

67$2

,675

$1,5

22

Single Family Multi-family** Single Family Multi-family**

Effe

ctiv

e M

ay 1

, 201

4P

age

2 of

4

Reference - 3

CIT

Y O

F C

HIC

AG

O

MA

XIM

UM

AFF

ORD

ABL

E M

ON

THLY

REN

TS 2

014

Max

imum

ren

ts w

hen

tena

nts

pay

for

elec

tric

coo

king

and

oth

er e

lect

ric (n

ot h

eat):

Num

ber

ofBe

droo

ms

10%

15%

20%

30%

40%

50%

(Low

HO

ME

Rent

Lim

it)60%

Hig

h H

OM

E Re

nt L

imit*

65%

80%

100%

120%

HU

D F

air

Mar

ket

Rent

*

0$8

8$1

51$2

15$3

41$4

68$6

24$7

35$7

02$8

04$9

75$1

,229

$1,5

06$6

88

1$8

7$1

55$2

23$3

59$4

95$6

62$7

80$7

93$8

55$1

,037

$1,3

10$1

,607

$777

2$1

04$1

86$2

67$4

30$5

93$7

94$9

36$9

23$1

,028

$1,2

45$1

,571

$1,9

29$9

20

3$1

20$2

14$3

09$4

96$6

85$9

17$1

,080

$1,1

79$1

,179

$1,4

38$1

,815

$2,2

28$1

,180

4$1

27$2

32$3

37$5

47$7

57$1

,017

$1,1

98$1

,288

$1,2

88$1

,597

$2,0

17$2

,478

$1,3

72

5$1

39$2

55$3

71$6

02$8

34$1

,120

$1,3

21$1

,402

$1,4

02$1

,760

$2,2

25$2

,733

$1,5

80

0$9

5$1

58$2

22$3

48$4

75$6

31$7

42$7

09$8

11$9

82$1

,236

$1,5

13$6

95

1$9

3$1

61$2

29$3

65$5

01$6

68$7

86$7

99$8

61$1

,043

$1,3

16$1

,613

$783

2$1

10$1

92$2

73$4

36$5

99$8

00$9

42$9

29$1

,034

$1,2

51$1

,577

$1,9

35$9

26

3$1

26$2

20$3

15$5

02$6

91$9

23$1

,086

$1,1

85$1

,185

$1,4

44$1

,821

$2,2

34$1

,186

4$1

33$2

38$3

43$5

53$7

63$1

,023

$1,2

04$1

,294

$1,2

94$1

,603

$2,0

23$2

,484

$1,3

78

5$1

45$2

61$3

77$6

08$8

40$1

,126

$1,3

27$1

,408

$1,4

08$1

,766

$2,2

31$2

,739

$1,5

86

Max

imum

ren

ts w

hen

tena

nts

pay

only

for

othe

r el

ectr

ic:

Num

ber

ofBe

droo

ms

10%

15%

20%

30%

40%

50%

(Low

HO

ME

Rent

Lim

it)60%

Hig

h H

OM

E Re

nt L

imit*

65%

80%

100%

120%

HU

D F

air

Mar

ket

Rent

*

0$9

4$1

57$2

21$3

47$4

74$6

30$7

41$7

08$8

10$9

81$1

,235

$1,5

12$6

94

1$9

6$1

64$2

32$3

68$5

04$6

71$7

89$8

02$8

64$1

,046

$1,3

19$1

,616

$786

2$1

16$1

98$2

79$4

42$6

05$8

06$9

48$9

35$1

,040

$1,2

57$1

,583

$1,9

41$9

32

3$1

34$2

28$3

23$5

10$6

99$9

31$1

,094

$1,1

93$1

,193

$1,4

52$1

,829

$2,2

42$1

,194

4$1

45$2

50$3

55$5

65$7

75$1

,035

$1,2

16$1

,306

$1,3

06$1

,615

$2,0

35$2

,496

$1,3

90

5$1

60$2

76$3

92$6

23$8

55$1

,141

$1,3

42$1

,423

$1,4

23$1

,781

$2,2

46$2

,754

$1,6

01

0$1

01$1

64$2

28$3

54$4

81$6

37$7

48$7

15$8

17$9

88$1

,242

$1,5

19$7

01

1$1

02$1

70$2

38$3

74$5

10$6

77$7

95$8

08$8

70$1

,052

$1,3

25$1

,622

$792

2$1

22$2

04$2

85$4

48$6

11$8

12$9

54$9

41$1

,046

$1,2

63$1

,589

$1,9

47$9

38

3$1

40$2

34$3

29$5

16$7

05$9

37$1

,100

$1,1

99$1

,199

$1,4

58$1

,835

$2,2

48$1

,200

4$1

51$2

56$3

61$5

71$7

81$1

,041

$1,2

22$1

,312

$1,3

12$1

,621

$2,0

41$2

,502

$1,3

96

5$1

66$2

82$3

98$6

29$8

61$1

,147

$1,3

48$1

,429

$1,4

29$1

,787

$2,2

52$2

,760

$1,6

07

Multi-family**Single Family Multi-family** Single Family

Effe

ctiv

e M

ay 1

, 201

4P

age

3 of

4

Reference - 4

CIT

Y O

F C

HIC

AG

O

MA

XIM

UM

AFF

ORD

ABL

E M

ON

THLY

REN

TS 2

014

Num

ber

of

Bedr

oom

s

Coo

king

gas

&

othe

r el

ectr

ic

(not

hea

t)

Elec

tric

hea

t,

cook

ing

gas

&

othe

r el

ectr

ic

Gas

hea

t,

cook

ing

gas

&

othe

r el

ectr

ic

Elec

tric

coo

king

&

oth

er e

lect

ric

(not

hea

t)

Oth

er e

lect

ric

only

(no

t co

okin

g or

hea

t)

0$3

5$8

0$7

9$3

9$3

3

1$4

3$1

05$9

4$4

9$4

0

2$5

1$1

30$1

09$5

9$4

7

3$5

9$1

55$1

24$6

8$5

4

4$7

1$1

93$1

46$8

3$6

5

5$7

9$2

18$1

60$9

3$7

2

0$2

8$6

9$7

1$3

2$2

6

1$3

7$9

3$8

6$4

3$3

4

2$4

5$1

17$1

01$5

3$4

1

3$5

3$1

41$1

15$6

2$4

8

4$6

5$1

77$1

36$7

7$5

9

5$7

3$2

01$1

51$8

7$6

6

** S

emi-d

etac

hed,

row

hou

se, d

uple

x, to

wnh

ouse

, ele

vato

r/hig

h-ris

e ap

artm

ents

, gar

den/

wal

k-up

apa

rtmen

ts

Util

ity a

llow

ance

s pe

r C

HA

sch

edul

e fo

r:

Single Family Multi-family**

NO

TE:

Gro

ss r

ent l

imits

for

50%

and

65%

AM

I, th

e H

igh

HO

ME

Rent

, and

the

Fair

Mar

ket R

ent a

re p

ublis

hed

by H

UD

. A

ll ot

her

rent

lim

its a

re c

alcu

late

d as

sum

ing

1.5

occu

pant

s pe

r be

droo

m a

nd 1

occ

upan

t for

an

apar

tmen

t with

no

bedr

oom

s.

* Fo

r H

OM

E-fu

nded

dev

elop

men

ts, r

ents

are

the

"less

er o

f" th

e Fa

ir M

arke

t Ren

t for

the

unit

size

or

the

Hig

h H

OM

E Re

nt fo

r th

e un

it si

ze. I

n H

OM

E-fu

nded

dev

elop

men

ts w

ith 5

or

mor

e un

its, 2

0% o

f the

HO

ME-

assi

sted

uni

ts m

ust b

e oc

cupi

ed b

y ve

ry-l

ow

inco

me

fam

ilies

who

se r

ents

do

not e

xcee

d 30

% o

f the

ann

ual i

ncom

e of

a fa

mily

who

se in

com

e eq

uals

50%

of t

he a

rea

med

ian.

Thi

s is

kno

wn

as th

e "L

ow H

OM

E Re

nt."

Effe

ctiv

e M

ay 1

, 201

4P

age

4 of

4

Reference - 5

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