full report corrected 2015,4 - chicago · city support will include $2 million in tif funds, a $4.6...

City of ChicagoRahm Emanuel, Mayor

2014-2018Chicago Five-Year Housing Plan

Affordable Housing Plan 2014–2018 Quarter ending e 2015

LETTER FROM THE COMMISSIONER

We are pleased to submit the 2015 Fourth Quarter Progress Report, which presents the Department of Planning and Development’s progress on the goals set forth in , C ’s fifth Five-Year Housing Plan

covering the years 2014-2018.

The Department of Planning and Development (DPD) is the lead agency for the City’s affordable housing, housing preservation and homebuyer assistance programs. In 2015, the second year of the Five-Year Plan, the Department committed $ illion to support units of affordable housing. This represents f our annual resource allocation goal and % of our units assisted goal.

During the fourth quarter, the Department approved financing for four multi-family development projects—giving us a total of rteen for the year—and completed the transition to a strengthened Affordable

Requirements Ordinance that is expected to generate 1,200 new units and $90 million in additional resources for affordable housing over the next five years.

Once again, we would like to thank our many partners for their continued support and participation. We at DPD could not succeed in our work without the ongoing support and cooperation of these valued

partners—neighborhood and business groups, elected officials, state and federal agencies, and other community stakeholders. Through our combined efforts, we will continue to move forward in creating, preserving and

supporting affordable housing for the people of Chicago.

Affordable Housing Plan 2014–2018 Quarter ending 2015

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 • Clybourn and Division Apartments • Fannie Emanuel Apartments • Midway Pointe Senior Residences • Nelson Mandela Apartments5. Accessible Units in Approved Multi-family Developments6. Multi-family Development Closings7. Multi-family Loan Commitments8. Multi-family TIF Commitments9. Low-Income Housing Tax Credit Commitments10. Illinois Affordable Housing Tax Credit Commitments11. Multi-family Mortgage Revenue Bond Commitments

12. Multi-family City Land Commitments13. Chicago Low-Income Housing Trust Fund

Commitments14. Troubled Buildings Initiative I (Multi-family)15. TIF Neighborhood Improvement Program

(Single-family) 16. Historic Chicago Bungalow Initiative17. Neighborhood Lending Program 18. Neighborhood Stabilization Program Activity19. Status of Neighborhood Stabilization Program

Properties20. AHOF21. Affordable Requirements Ordinance22. Density Bonus Commitments23. CHA Plan or Commitments

Affordable Housing Plan 2014–2 Quarter ending

INTRODUCTION

This document is the 2015 Fourth Quarter Progress

Report on the Chicago Department of Planning and

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

Plan 2014-2018.

In 2015, DPD projected commitments of more than

$254 million to assist over 8,200 units of housing.

For the full year 2015, the Department committed

$ million in funds to support units, which

represents % of the 2015 unit goal and % of the 2015

resource allocation goal.

CREATION AND PRESERVATION OF AFFORDABLE RENTAL UNITSIn 2015 the Department of Planning and Development projected commitments of over $206 million to support more than 5,600 units of affordable rental housing using loans for new construction or rehab along with rental subsidies.

For the full year, DPD committed $ million in resources to support units. These numbers represent % of the annual multi-family resource allocation goal and

of the annual unit goal.

Multi-family Rehab and New Construction

Clybourn and Division Apartments

On October 14 the City Council approved a financial package to enable the development of an 84-unit, mixed-income apartment building on the Near North Side. The $39. million Clybourn and Division Apartments, located at 1200-26 N. Clybourn Avenue in the 27th Ward, will contain 26 units for Chicago Housing Authority (CHA) residents, 26 additional affordable units and 32 units at market rates.

City assistance for the project will include $8.1 million in Tax Increment Financing (TIF) assistance, $1.3 million in Low Income Housing Tax Credits that will generate $1 million in equity and $1.9 million in Donations Tax Credit equity. The 1 acre site, owned by the City and valued at $ million, will be sold to the developer for $2 ,000. The CHA is matching the TIF funds with an $8.1 million loan.

The V-shaped, seven-story structure will feature a daycare center, restaurant, 55 indoor parking spots and 2,500 square feet of commercial space. The developer is Clydiv LLC, a partnership between Michaels Chicago Holding Company and Brinshore PL, LLC.

Part of the CHA’s “Plan Forward”, Clybourn and Division Apartments will contain a mix of studio, one- and two-bedroom rental units along with ground-floor commercial space.

Affordable Housing Plan 20 –201 Quarter ending 2015

Fannie Emanuel Apartments

Also approved on October 14 was the Chicago Housing Authority’s proposed restoration of a vacant, 20-story West Garfield Park apartment complex. The $64.4 million gut rehab of Fannie Emanuel Apartments, located at 3916 W. Washington Boulevard in the 28th Ward, will create 18 one-bedroom units for seniors. Upgrades will include modernized mechanical systems, a new facade, lobby, laundry, fitness center and landscape improvements.

The City is transferring $35 million of its bond volume cap to the CHA for interim and permanent financing, supported by $2.4 million in Low Income Housing Tax Credits that will generate $26.1 million in equity for the project. The rehabbed apartments will be leased to seniors earning up to 60 percent of area median income. Tenants will pay 30 percent of their income towards rent; HUD rental assistance will cover the remaining monthly balances.

Originally constructed in 1963 as Park View Apartments, the building was ed in 2007 due to mechanical system problems. Its new name honors Dr. Fannie Emanuel, an African-American physician and civic leader who founded the Emanuel Settlement House in Chicago in 1908.


Midway Pointe Senior Residences

A financial package approved on October 28 by the City Council will support the construction of a 95-unit rental development for independent seniors in Garfield Ridge.

The $20.3 million Midway Pointe Senior Residences, to be developed by Midway Pointe LLC at 5001-21 W. 47th Street in the 22nd Ward, will 89 one-bedroom and 6 two-bedroom apartments in a six-story elevator building. Eighty-five units will be earmarked for seniors at up to 60 percent of AMI; the remainder will be rented at market rates.

City support will include $2 million in TIF funds, a $4.6 million loan and $900,000 in Low Income Housing Tax Credits that will generate $9.8 million in equity for the project.

The complex will include meeting spaces, on-site management offices, a kitchen, library, TV/media room, landscaped courtyard and adjacent parking. A broad range of social activities and recreational programs also will be provided for residents.

A new, mixed-income development planned for a .77-acre site at the southwest corner of 47th Street and Lavergne Avenue will 95 one- and two-bedroom units for renters aged 55 or older


Nelson Mandela Apartments

A 72-unit affordable development for families will be constructed in West Humboldt Park through financial measures approved on November 18 by the City Council. The $27.1 million Nelson Mandela Apartments comprises eight three- and six-unit structures to be located on scattered sites in the area bounded by Central Park, Chicago and Kedzie Avenues and Franklin Boulevard.

City financial support includes $6.5 million in TIF funds and $1.8 million in Low Income Housing Tax Credits that will generate $17.8 million in equity for the project. The remainder of the funding will be provided through private sources and an $850,000 loan from the Federal Home Loan Bank.

onstruct on five privately owned parcels and thirteen ppraised at $155,000, will be sold to Bickerdike Rede

orp for $1 each. The three-story buildings co a mix of one- to s for households earning up to 60 percent of area median income.

bicycle storage and on-site laundry facilities will also be provided.

Affordable Housing Plan 20 01 Quarter ending 2015


Multi-family Developments:Approvals and Closings in 2015

Development Ward Units City Approval Date Closing Date

Homan Square Rentals Phase VI 24 52 2014 5/28/2015

Sterling Park Apartments 24 181 2014 7/1/2015

65th Infantry Veterans Housing 26 48 1/21/2015 5/14/2015

Jeffery Towers Apartments 5 135 4/15/2015 5/15/2015

City Gardens 27 76 6/17/2015 8/31/2015

Newberry Park Apartments 25 84 6/17/2015 9/14/2015

Park Place Family Apartments 14 78 3/18/2015 10/30/2015

Hilliard Homes Window Replacement 3 100 3/18/2015 12/8/2015

St. Edmund’s Oasis 20 58 7/29/2015 12/14/2015

Fannie Emanuel Apartments 28 181 10/14/2015 12/21/2015

Clybourn & Division Apartments 27 84 10/14/2015 12/22/2015

Harvest Homes 28 36 4/15/2015 12/28/2015

Montclare Senior Residences SLF of Lawndale 24 120 6/17/2015 1/13/2016

J. Michael Fitzgerald Apartments 39 63 7/29/2015 --

Midway Pointe Senior Residences 22 95 10/28/2015 --

Nelson Mandela Apartments 27 72 11/18/2015 --

PROMOTION AND SUPPORT OF HOMEOWNERSHIP

In 2015 the Department of Planning and Development projected commitments of over $33 million to help almost 500 households achieve or sustain homeownership.

For the full year, DPD committed $ million to support units. These numbers represent % of the annual homeownership resource allocation goal and % of the annual unit goal.

IMPROVEMENT AND PRESERVATION OF HOMES

In 2015 the Department of Planning and Development projected commitments of nearly $15 million to assist more than 2,100 households repair, modify or improve their homes.

For the full year, DPD committed more than $ million to support units. These numbers represent % of the annual improvement and preservation resource allocation goal and % of the annual unit goal.

This Pullman rowhouse, acquired under the Neighborhood Stabilization Program, was rehabbed in 2015 and sold to a homebuyer who qualified for

down-payment and closing cost assistance

Affordable Housing Plan 20 201 uarter ending 2015

POLICY, LEGISLATIVE AFFAIRSAND OTHER ISSUES

Full Implementation of 2015 ARO Now Underway

The revised Affordable Requirements Ordinance approved on March 18, 2015 went into effect on October 13, 2015. All projects introduced to City Council after that date–or that fail to receive Council approval by July 13, 2016–will be subject to the 2015 requirements.

The 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. The differences between the previous (2007) and 2015 AROs are summarized below. Additional information is available online at

Policies 2007 ARO 2015 ARO

In Lieu Fee – Downtown $100,000$175,000/$225,000* for for-sale developers who “buy out” of affordable unit obligation

In Lieu Fee – Higher Income Zones $100,000 $125,000

In Lieu Fee – Low/ Mod Income Zones $100,000 $50,000

Set-aside Requirement10% of units built must be afford-able;

135

20% if project receives financial assistance from the City

Unchanged 76

Affordable Unit RequirementNo unit requirement; developers can elect to pay in-lieu fee to meet entire obligation

2.5% minimum affordable unit requirement; develop-ers can elect to meet remaining obligation with in-lieu fees

Offsite Option No offsite option

Rental projects in the downtown zone or rental or for-sale projects in a higher income zone can build their required units off-site, within two miles of the subject property and in the same zone. For-sale projects downtown can meet their requirement by constructing for-sale units anywhere in the City.

CHA Option

CHA is not eligible to purchase units, and maximum rent must be affordable to households at 60% AMI, disadvantaging the CHA

Removes barriers that prevent the CHA and other authorized agencies from purchasing or leasing on-site ARO units; provides a $25,000 per-unit reduction for remaining in-lieu fees

Transit-Oriented Development (TOD) No transit-oriented benefitsProjects that meet the criteria for a Transit-Served Location can receive additional floor area/height if they include 50-100% of required affordable units on-site.

Allocation of In-Lieu Revenues (AHOF)

60% of AHOF funds go to construction or preservation of affordable housing: 40•% go to Trust Fund

50% of AHOF funds go to construction, rehab, or preservation of affordable housing; 50% go to Trust Fund. AHOF funds can also support ARO administra-tion.



Twelfth Annual Rents Right Housing Expo

On November 7 the 12th Annual Rents Right Housing Expo provided a convenient, one-stop opportunity for landlords and renters to learn more about their rights and responsibilities. The free event was held at Steinmetz College Prep, located at 3030 N. Mobile Avenue on the Northwest Side.

Co-sponsored by the Department of Planning and Development (DPD) and the Chicago Rents Right Committee, the expo featured over thirty exhibitors who assisted tenants and landlords with information about conflict resolution, building code violations, laws pertaining to evictions, maintenance issues and other aspects of rental housing.

Bilingual workshops covered topics such as the rights of tenants and landlords under foreclosure, bed bug infestations and building code violations. Workshop attendees were eligible to enter a drawing to win one of six $25 gift cards.

Participating agencies included various City departments, Lawyers’ Committee for Better Housing, Metropolitan Tenants Organization, Community Investment Corporation, Access Living, Community and Economic Development Association, Spanish Coalition for Housing, Northwest Side Housing Center and Home Depot.

Neighborhood Stabilization Program Update

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

Through the end of 2015, a total of 8 9 units in 19 properties have been acquired using funds from Chicago’s three NSP grants. Construction has started on 8 units in 1

properties; 9 units (1 properties) have been . One hundred units (1 properties) have been sold to qualified homebuyers, and

ulti-family properties containing 5 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 continues to be available at .

APPENDICES

Appendices - 1

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Appendices - 5

Dep

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Appendices - 7

[This page intentionally left blank]

Appendices - 8

CCity of Chicago Department of Planning and Development

Summaries of Approved Multi-family Developments

Fourth Quarter 2015

Clybourn and Division Apartments Clydiv, LLC

1200-26 N. Clybourn Avenue

Fannie Emanuel Apartments Chicago Housing Authority 3916 W. Washington Boulevard

Midway Pointe Senior Residences Midway Pointe, LLC 5001-21 W. 47th Street

Nelson Mandela Apartments Bickerdike Redevelopment Corporation 18 parcels (in area bounded by Central Park,

Chicago and Kedzie Avenues and Franklin Boulevard)

Newberry Park Apartments* Preservation of Affordable Housing, Inc.

1355 S. Blue Island Avenue

* This project was inadvertently left out of the 2015 Second

Quarter Report. To correct that omission we are adding it here, and tables have been updated to reflect the inclusion of these units in the Fourth Quarter Report.

Appendices - 9

City of Chicago Department of Planning and Development Fourth Quarter 2015

Project Summary: Clybourn and Division Apartments

BORROWER/DEVELOPER: Clydiv, LLC

FOR PROFIT/NOT-FOR-PROFIT: For-Profit

PROJECT NAME AND ADDRESS: Clybourn and Division Apartments 1200-26 N. Clybourn Ave.

WARD AND ALDERMAN: 27th Ward

Alderman Walter Burnett, Jr.

COMMUNITY AREA: Near North

CITY COUNCIL APPROVAL: October 14, 2015

PROJECT DESCRIPTION: Construction of an 84-unit, mixed-income apartment building on the Near North Side. The $39.2 million project will contain 26 units for Chicago Housing Authority (CHA) residents, 26 additional affordable units and 32 units at market rates. The V-shaped, seven-story structure will feature a daycare center, 2,500 square feet of commercial space (including a restaurant) and 55 indoor parking spots.

TIF Funds: $8,100,000

LIHTCs: $1,265,000 in 9% credits generating $13,154,684 in equity

DTCs: $2,117,610 in credits generating $1,927,025 in equity

City Land Write-down: $4,235,220

Appendices - 10

Project Summary: Clybourn and Division Apartments Page 2

UNIT MIX / RENTS

Type Number Rent* Income Levels Served Studio 2 $642 60% AMIStudio 1 $850 80% AMIStudio 2 $900 Market 1 bedroom / 1 bath 9 $400 CHA1 bedroom / 1 bath 4 $675 60% AMI 1 bedroom / 1 bath 2 $925 80% AMI 1 bedroom / 1 bath 3 $975 80% AMI 1 bedroom / 1 bath 1 $1,100 Market1 bedroom / 1 bath 7 $1,200 Market2 bedroom / 1 bath 16 $400 CHA2 bedroom / 1 bath 10 $1,020 60% AMI 2 bedroom / 1 bath 3 $1,125 80% AMI 2 bedroom / 1 bath 1 $1,175 80% AMI 2 bedroom / 1 bath 19 $1,600 Market2 bedroom / 1 bath 3 $1,700 Market3 bedroom / 2 bath 1 $40 CHA TOTAL 84

* Tenants pay for electricity.

DEVELOPMENT COSTS

Category Amount Per Unit % of Project Acquisition $ 21,854 $ 260 0.1% Construction $ 26,640,421 $ 317,148 68.0% Developer Fee $ 2,025,061 $ 24,108 5.2% Reserves $ 1,270,416 $ 15,124 3.2% Other Soft Costs $ 9,205,057 $ 109,584 23.5% TOTAL $ 39,162,809 $ 466,224 100%

PROJECT FINANCING

Source Amount Rate Per Unit % of Project LIHTC Equity $ 13,154,684 $ 156,603 33.6% TIF Funds $ 8,100,000 $ 96,429 20.7% CHA $ 8,100,000 0% $ 96,429 20.7% DTC Equity $ 1,927,025 $ 22,941 4.9% Private Sources $ 7,881,100 $ 93,823 20.1% TOTAL $ 39,162,809 $ 466,224 100%

Appendices - 11


Project Summary: Fannie Emanuel Apartments

BORROWER/DEVELOPER: Chicago Housing Authority

FOR PROFIT/NOT-FOR-PROFIT: Non-Profit

PROJECT NAME AND ADDRESS: Fannie Emanuel Apartments 3916 W. Washington Blvd.

WARD AND ALDERMAN: 28th Ward Alderman Jason Ervin

COMMUNITY AREA: West Garfield Park


PROJECT DESCRIPTION: Restoration of a vacant, 20-story apartment complex for seniors at up to 60% of AMI. The $64.4 million gut rehab will create 181 one-bedroom units, along with modernized mechanical systems, a new facade, lobby, laundry, fitness center and landscape improvements. The building, originally constructed in 1963 as Park View Apartments, was closed in 2007 due to mechanical system problems.

Tax-exempt Bonds: $35,000,000 in bonding authority ceded to CHA by City


Appendices - 12

Project Summary: Fannie Emanuel Apartments Page 2

UNIT MIX / RENTS

Type Number Rent Income Levels Served 1 bedroom 181 $850* 60% AMI TOTAL 181

* Tenants pay 30% of their income towards rent, with remainder covered by HUD. Tenants pay for all electricity other than heating.

DEVELOPMENT COSTS

Category Amount Per Unit % of Project Acquisition $ 5,800,000 $ 32,044 9.0% Construction $ 41,687,978 $ 230,320 64.8% Contingency $ 3,908,903 $ 21,596 6.1% Environmental $ 2,476,278 $ 13,681 3.8% Developer Fee $ 5,259,243 $ 29,057 8.2% Other Soft Costs $ 5,236,779 $ 28,932 8.1% TOTAL $ 64,369,181 $ 355,631 100%

PROJECT FINANCING

Source Amount Rate Per Unit % of Project LIHTC Equity $26,140,945 $ 144,425 40.6% HOPE VI Loan $23,128,591 $ 127,782 35.9% Tax-Exempt Bonds $ 8,500,000 $ 46,961 13.2% Other Sources $ 6,599,645 $ 36,462 10.3% TOTAL $ 64,369,181 $ 355,631 100%

Appendices - 13


Project Summary: Midway Pointe Senior Residences

BORROWER/DEVELOPER: Midway Pointe, LLC

FOR PROFIT/NOT-FOR-PROFIT: For-Profit

PROJECT NAME AND ADDRESS: Midway Pointe Senior Residences 5001-21 W. 47th St.

WARD AND ALDERMAN: 22nd Ward Alderman Ricardo Munoz

COMMUNITY AREA: Garfield Ridge


PROJECT DESCRIPTION: Construction of a 95-unit rental building for independent seniors. The project will contain 89 one-bedroom and 6 two-bedroom apartments in a six-story elevator building. All but ten units will be earmarked for seniors at up to 60 percent of AMI. The complex will also include meeting spaces, on-site management offices, a kitchen, library, TV/media room, landscaped courtyard and adjacent parking. A broad range of social activities and recreational programs also will be provided for residents.

LIHTCs: $900,000 in 9% credits generating $9,765,000 in equity

MF Loan: $4,589,397

TIF Funds: $2,000,000

Appendices - 14

Project Summary: Midway Pointe Senior Residences Page 2

UNIT MIX / RENTS

Type Number Rent* Income Levels Served

1 bedroom / 1 bath 34 $600 50% AMI 1 bedroom / 1 bath 47 $729 60% AMI 1 bedroom / 1 bath 8 $800 Market2 bedroom / 1 bath 2 $719 50% AMI 2 bedroom / 1 bath 2 $874 60% AMI 2 bedroom / 1 bath 2 $950 Market TOTAL 95


DEVELOPMENT COSTS

Category Amount Per Unit % of Project Acquisition $ 1,500,000 $ 15,789 7.4% Construction $ 14,369,993 $ 151,263 70.9% Contingency $ 624,664 $ 6,575 3.1% Developer Fee $ 1,000,000 $ 10,526 4.9% Other Soft Costs $ 2,766,550 $ 29,122 13.7% TOTAL $ 20,261,207 $ 213,276 100%

PROJECT FINANCING

Source Amount Rate Per Unit % of Project LIHTC Equity $ 9,765,000 $ 102,789 48.2% DPD Loan $ 4,589,397 $ 48,309 22.7% TIF Funds $ 2,000,000 $ 21,053 9.9% Other Sources $ 3,906,810 $ 41,124 19.3% TOTAL $ 20,261,207 $ 213,276 100%

Appendices - 15


Project Summary: Nelson Mandela Apartments

BORROWER/DEVELOPER: Bickerdike Redevelopment Corp.


PROJECT NAME AND ADDRESS: Nelson Mandela Apartments 549 N. Drake Ave.

601-03 N. Central Park Ave. 614 N. Spaulding Ave. 605-07 N. Sawyer Ave. 524-30 N. Troy St. 3106-24 W. Franklin Blvd. 3145 W. Franklin Blvd.

WARD AND ALDERMAN: 27th Ward Alderman Walter Burnett, Jr.

COMMUNITY AREA: West Humboldt Park

CITY COUNCIL APPROVAL: November 18, 2015

PROJECT DESCRIPTION: Construction of a 72-unit rental development for families on scattered sites in the area bounded by Central Park, Chicago and Kedzie Avenues and Franklin Boulevard. The $27.1 million project will consist of eight three- and six-unit structures containing a mix of one- to three-bedroom apartments, serving households earning up to 60% of AMI.


TIF Funds: $6,500,000

Appendices - 16

Project Summary: Nelson Mandela Apartments Page 2

UNIT MIX / RENTS


1 bedroom 15 $648 50% AMI 2 bedroom 36 $802 60% AMI 3 bedroom 21 $942 80% AMI TOTAL 72


DEVELOPMENT COSTS

Category Amount Per Unit % of Project Acquisition/Predevelopment $ 367,325 $ 5,102 1.4% Construction $ 22,487,272 $ 312,323 83.1% Contingency $ 966,309 $ 13,421 3.6% Developer Fee $ 1,000,000 $ 13,889 3.7% Other Soft Costs $ 2,241,700 $ 31,135 8.3% TOTAL $ 27,062,606 $ 375,870 100%

PROJECT FINANCING

Source Amount Rate Per Unit % of Project LIHTC Equity $17,820,000 $ 247,500 65.8% TIF Funds $ 6,450,503 $ 89,590 23.8% FHLB Loan $ 850,000 $ 11,806 3.1% Private Sources $ 1,942,103 $ 26,974 7.2% TOTAL $ 27,062,606 $ 375,870 100%

Appendices - 17

City of Chicago Department of Planning and Development Fourth Quarter 2015*

Project Summary: Newberry Park Apartments

BORROWER/DEVELOPER: Preservation of Affordable Housing, Inc.


PROJECT NAME AND ADDRESS: Newberry Park Apartments 1355 S. Blue Island Ave.

WARD AND ALDERMAN: 25th Ward Alderman Danny Solis

COMMUNITY AREA: Near West Side

CITY COUNCIL APPROVAL: June 17, 2015

PROJECT DESCRIPTION: Acquisition and rehab of an existing 2-building, 84-unit affordable rental development originally constructed in the early 1990s. Upgrades will include new roofs and boilers, modernized baths and kitchens, and many external site improvements. The City is providing a new $1.7 million loan and resubordinating an existing $6.1 million HOME loan.

MF Loan: $1,700,000

LIHTCs: $375,000 in IHDA 4% credits generating $3,734,995 in equity

* This project was inadvertently left out of the 2015 Second Quarter Report. To correct that omission we are adding it here, and tables have been updated to reflect the inclusion of these units in the Fourth Quarter Report.

Appendices - 18

Project Summary: Newberry Park Apartments Page 2

UNIT MIX / RENTS


Two Bedroom / One Bath 6 $800 50% AMI Two Bedroom / One Bath 6 $1058 50% AMI Two Bedroom / One Bath 4 $875 60% AMI Two Bedroom / One Bath 9 $875 80% AMI Three Bedroom / One Bath 2 $920 50% AMI Three Bedroom / One Bath 24 $1276 50% AMI Three Bedroom / One Bath 6 $1000 60% AMI Three Bedroom / One Bath 16 $1000 80% AMI Four Bedroom / Two Baths 4 $1020 50% AMI Four Bedroom / Two Baths 3 $1110 60% AMI Four Bedroom / Two Baths 4 $1110 80% AMI TOTAL 84

* Tenants pay for electricity and electric cooking.

DEVELOPMENT COSTS

Category Amount Per Unit % of Project Acquisition $ 9,500,000 $ 113,095 47.9% Construction $ 4,935,000 $ 58,750 24.9% Contingency $ 404,200 $ 4,812 2.0% Developer Fee $ 1,857,424 $ 22,112 9.4% Other Soft Costs $ 3,117,884 $ 37,118 15.7% TOTAL $ 19,814,508 $ 235,887 100%

PROJECT FINANCING

Source Amount Rate Per Unit % of Project Resubordinated DPD Loan $ 6,071,050 $ 72,274 30.6% MF Loan $ 1,700,000 $ 20,238 8.6% LIHTC Equity $ 3,734,995 $ 44,464 18.8% HUD 221(d)(4) Loan $ 5,400,000 4.8% $ 64,286 27.3% IHDA Funds $ 1,700,323 $ 20,242 8.6% Other Sources $ 1,208,140 $ 14,383 6.1% TOTAL $ 19,814,508 $ 235,887 100%

Appendices - 19

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2349

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1436

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1525

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The R

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The R

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Arlan

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Arlan

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11

Page

14of

21


Chic

ago

Low

Inco

me

Hou

sing

Trus

tFun

dRe

ntal

Subs

idy

Prog

ram

/App

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niza

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AMI 16-30%

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Martin

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2847

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319 S

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1 Page

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6 Page

18of

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Chic

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7 Page

19of

21


Chic

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Page

20of

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Chic

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1 Page

21of

21


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

January 1 - December 31, 2015

Quarter First Counted

Primary Address# ofUnits

TBI Status WardCommunity

Area2015,1 1454-56 N LUNA/5535-37 W LEMOYNE 8 Recovered 37 Austin2015,1 7646-56 S ESSEX AVE / 2448 E 77TH STREET 32 Stabilized 7 South Shore2015,1 7800-10 S PHILLIPS AVE / 2413-21 E 78TH ST 34 Stabilized 7 South Shore2015,1 211-15 N CENTRAL 40 Recovered 28 Austin2015,1 4828-30 W ADAMS 6 Under Receivership 28 Austin2015,1 6445-47 S SAINT LAWRENCE AVE 6 Under Receivership 20 Woodlawn2015,1 3542-48 W POLK ST 12 Under Receivership 24 East Garfield Park2015,1 4614-24 S VINCENNES AVE/444-448 E 46th Pl 24 Recovered 3 Grand Boulevard2015,1 1528 S Lawndale Avenue 6 In Court 24 North Lawndale2015,1 4542-44 S. INDIANA AVE 6 In Court 3 Grand Boulevard2015,1 437-39 W MARQUETTE RD 7 Stabilized 6 Englewood2015,1 2954-60 N Pulaski 16 In Court 30 Avondale2015,1 6400 S FRANCISCO/2901-11 W 64TH ST 8 In Court 15 Chicago Lawn2015,1 1630-1632 S Sawyer 11 Under Receivership 24 North Lawndale2015,1 6154-58 S Rockwell St 8 Stabilized 15 Chicago Lawn2015,1 936-42 E. 80th ST. 12 Stabilized 8 Chatham2015,1 1864-66 S. Hamlin 8 In Court 24 North Lawndale2015,1 1525-27 E. 65th Street 6 Stabilized 20 Woodlawn2015,1 2815-23 E. 80th ST 8 In Court 7 South Chicago2015,1 308-310 W 80th ST/7954-58 S Princeton 8 Recovered 17 Chatham2015,1 2140-50 W. Devon Avenue 24 In Court 50 Rogers Park2015,1 5433-35 S INDIANA AVE 6 Under Receivership 20 Washington Park2015,1 7530-32 S Stewart 6 In Court 17 Greater Grand Crossing2015,1 216 N. Pine 7 Under Receivership 28 Austin2015,1 3611 W. Wolfram 7 In Court 35 Avondale2015,1 107-113 N. Laramie 26 Recovered 28 Austin2015,1 7200 S Woodlawn / 1147-55 E 72nd Street 12 In Court 5 Greater Grand Crossing2015,1 1302-08 W. 103rd Street 8 Stabilized 21 Washington Heights2015,1 7927-29 S. Ellis Avenue 8 Stabilized 8 Chatham2015,1 952 N NOBLE ST 7 Recovered 27 West Town2015,1 3700 S. Wood Street 5 In Court 11 McKinley Park2015,1 7550-58 S. Essex 32 In Court 7 South Shore2015,1 6043-45 S Dr. Martin Luther King, Jr., Drive 6 Rehab In Process 20 Woodlawn2015,1 216 N Central 6 Under Receivership 29 Austin2015,1 6221 S. ST. LAWRENCE AVE. 2 Under Receivership 20 Woodlawn2015,1 8246-48 S Racine 8 Under Receivership 18 Auburn Gresham2015,1 6042-44 S MICHIGAN AVE 6 In Court 20 Washington Park2015,1 4840 N SHERIDAN 4 Under Receivership 46 Uptown2015,1 519 S. Lavergne 8 In Court 24 Austin2015,1 1428 N. Lockwood 6 Under Receivership 37 Austin2015,1 6151 S. Champlain Ave. 3 Stabilized 20 Woodlawn2015,1 6432 S Eberhart Ave. 2 Under Receivership 20 Woodlawn2015,1 8119-25 S Cottage Grove Ave 19 In Court 8 Chatham2015,1 515 E 46TH PLACE 3 Under Receivership 3 Grand Boulevard2015,1 7518 N RIDGE 6 Under Receivership 49 West Ridge2015,1 6506 S SAINT LAWRENCE AVE 2 In Court 20 Woodlawn2015,1 9118-24 S. Dauphin Avenue 24 In Court 8 Chatham2015,1 1909 S. SPAULDING 4 Recovered 24 Austin2015,1 6219-21 S. Rhodes Ave. 6 Under Receivership 20 Woodlawn2015,1 431 CENTRAL PARK 6 Under Receivership 27 Humboldt Park2015,1 5808 S MICHIGAN AVE 3 In Court 20 Washington Park2015,1 724 N. Trumbull 4 Under Receivership 27 Humboldt Park2015,1 413 E. 60th Street 1 Under Receivership 20 Woodlawn

2015,1 8053-61 S Cottage Grove Ave / 800-04 E 81st St 16 Under Receivership 8 Chatham

2015,1 3144-50 S PRAIRIE 8 Under Receivership 3 Douglas2015,1 6120 S SAINT LAWRENCE AVE 3 Under Receivership 20 Woodlawn2015,1 6400-04 S EBERHART AVE 4 Stabilized 20 Woodlawn2015,1 5850-54 S Campbell/2502 W 59th St 9 Under Receivership 13 Chicago Lawn2015,1 8045-47 S Maryland Ave 6 Under Receivership 8 Chatham2015,1 1350 W 98th PL / 9817-25 S Loomis 10 Stabilized 21 Washington Heights2015,1 6128 S EBERHART AVE 4 Under Receivership 20 Woodlawn2015,1 7700 S Carpenter 9 Under Receivership 17 Auburn Gresham2015,1 1445 W WALTON 4 Stabilized 27 West Town2015,1 632-38 E. 61st Street 2 Stabilized 20 Woodlawn2015,1 5910-12 S DR MARTIN LUTHER KING DRIVE 6 Under Receivership 20 Washington Park2015,1 4157 Adams 6 In Court 28 West Garfield Park2015,1 4006 S WESTERN AVE Under Receivership 12 Brighton Park2015,1 5811 S. Michigan 3 Under Receivership 20 Washington Park







Area2015,1 5051 Chicago 4 Under Receivership 28 Austin2015,1 3263 Fulton 6 In Court 28 East Garfield Park2015,1 1048 W 72nd Street 5 Under Receivership 17 Englewood2015,1 2859 W 25th Place 4 Under Receivership 12 South Lawndale2015,1 5751-59 S MICHIGAN AVE 28 Under Receivership 20 Washington Park2015,1 5801-05 S MICHIGAN AVE 24 Under Receivership 20 Washington Park2015,1 5001 S Throop ST 9 In Court 3 New City2015,1 2440-52 E 75th St / 7445-47 S Phillips Ave 19 Under Receivership 7 South Shore2015,1 7642-44 S Essex Ave 6 Under Receivership 72015,1 4010 Jackson 6 Under Receivership 28 Austin2015,1 6504 S ST LAWRENCE AVE 2 Under Receivership 20 Woodlawn2015,1 7020 S JEFFERY BLVD 130 In Court 5 South Shore2015,1 7010-7012 S Morgan 4 Recovered 17 Auburn Gresham2015,1 8015-17 S Ellis Ave 6 Under Receivership 8 Chatham2015,1 6620 S SAINT LAWRENCE AVE 4 Under Receivership 20 Woodlawn2015,1 5502 Congress/414-418 Lotus 17 Under Receivership 29 Austin2015,1 4134 Wilcox 20 Under Receivership 28 West Garfield Park2015,1 7655 S Carpenter/1024 W 77th St 10 Under Receivership 17 Auburn Gresham2015,1 6359 S Bishop/1418-20 W 64th ST 5 Under Receivership 16 West Englewood2015,1 7331 S Dorchester Ave 3 Under Receivership 5 South Shore2015,1 4800 S Winchester Ave 6 Under Receivership 16 New City2015,1 1719-21 W Bryn Mawr 6 Under Receivership 40 Edgewater2015,1 5938-40 S. Prairie 6 In Court 20 Washington Park

2015,21054-60 W GRANVILLE AVE/6207-09 N. WINTHROP

27 Recovered 48 Edgewater

2015,2 7646-56 S ESSEX AVE / 2448 E 77TH STREET 32 Stabilized 7 South Shore2015,2 7800-10 S PHILLIPS AVE / 2413-21 E 78TH ST 34 Stabilized 7 South Shore2015,2 4828-30 W ADAMS 6 Under Receivership 28 Austin2015,2 3828-30 W Adams 6 Recovered 28 West Garfield Park

2015,26857-59 S DR MARTIN L KING JR DR / 400-16 E. 69th ST

6 Recovered 20 Greater Grand Crossing

2015,2 6445-47 S SAINT LAWRENCE AVE 6 Under Receivership 20 Woodlawn2015,2 3542-48 W POLK ST 12 Under Receivership 24 East Garfield Park2015,2 4614-24 S VINCENNES AVE/444-448 E 46th Pl 24 Recovered 3 Grand Boulevard2015,2 437-39 W MARQUETTE RD 7 Stabilized 6 Englewood2015,2 2954-60 N Pulaski 16 In Court 30 Avondale2015,2 6400 S FRANCISCO/2901-11 W 64TH ST 8 In Court 15 Chicago Lawn2015,2 1630-1632 S Sawyer 11 Under Receivership 24 North Lawndale2015,2 6154-58 S Rockwell St 8 Stabilized 15 Chicago Lawn2015,2 936-42 E. 80th ST. 12 Stabilized 8 Chatham2015,2 1864-66 S. Hamlin 8 In Court 24 North Lawndale2015,2 109-11 S. Kilpatrick/4655-57 W. Monroe 12 Rehab In Process 28 Austin2015,2 8100-06 S Throop St 16 Stabilized 18 Auburn Gresham2015,2 2815-23 E. 80th ST 8 Stabilized 7 South Chicago2015,2 5433-35 S INDIANA AVE 6 Under Receivership 20 Washington Park2015,2 7530-32 S Stewart 6 In Court 17 Greater Grand Crossing2015,2 216 N. Pine 7 Under Receivership 28 Austin2015,2 3611 W. Wolfram 7 In Court 35 Avondale2015,2 107-113 N. Laramie 26 Recovered 28 Austin2015,2 7200 S Woodlawn / 1147-55 E 72nd Street 12 In Court 5 Greater Grand Crossing2015,2 7927-29 S. Ellis Avenue 8 Stabilized 8 Chatham2015,2 952 N NOBLE ST 7 Recovered 27 West Town2015,2 7550-58 S. Essex 32 In Court 7 South Shore2015,2 6043-45 S Dr. Martin Luther King, Jr., Drive 6 Rehab In Process 20 Woodlawn2015,2 216 N Central 6 In Court 29 Austin2015,2 6221 S. ST. LAWRENCE AVE. 2 Under Receivership 20 Woodlawn2015,2 8246-48 S Racine 8 Under Receivership 18 Auburn Gresham2015,2 3412-20 W IRVING PARK 16 Recovered 33 Irving Park2015,2 6042-44 S MICHIGAN AVE 6 In Court 20 Washington Park2015,2 4840 N SHERIDAN 4 In Court 46 Uptown2015,2 519 S. Lavergne 8 In Court 24 Austin2015,2 1428 N. Lockwood 6 In Court 37 Austin2015,2 6432 S Eberhart Ave. 2 Under Receivership 20 Woodlawn2015,2 242 N. Mason 6 In Court 29 Austin2015,2 515 E 46TH PLACE 3 Under Receivership 3 Grand Boulevard2015,2 7518 N RIDGE 6 In Court 49 West Ridge2015,2 7159 S. Wabash Ave. 6 In Court 6 Greater Grand Crossing2015,2 6224 S SAINT LAWRENCE AVE 3 Stabilized 20 Woodlawn2015,2 6506 S SAINT LAWRENCE AVE 2 In Court 20 Woodlawn







Area2015,2 3357 CHICAGO 6 In Court 27 Humboldt Park2015,2 6219-21 S. Rhodes Ave. 6 Under Receivership 20 Woodlawn2015,2 431 CENTRAL PARK 6 In Court 27 Humboldt Park2015,2 724 N. Trumbull 4 In Court 27 Humboldt Park2015,2 413 E. 60th Street 1 Under Receivership 20 Woodlawn


2015,2 3144-50 S PRAIRIE 8 Under Receivership 3 Douglas2015,2 6120 S SAINT LAWRENCE AVE 3 Under Receivership 20 Woodlawn2015,2 5850-54 S Campbell/2502 W 59th St 9 Under Receivership 13 Chicago Lawn2015,2 8045-47 S Maryland Ave 6 In Court 8 Chatham2015,2 1350 W 98th PL / 9817-25 S Loomis 10 Stabilized 21 Washington Heights2015,2 6128 S EBERHART AVE 4 Under Receivership 20 Woodlawn2015,2 7700 S Carpenter 9 In Court 17 Auburn Gresham2015,2 632-38 E. 61st Street 2 Stabilized 20 Woodlawn2015,2 5910-12 S DR MARTIN LUTHER KING DRIVE 6 Under Receivership 20 Washington Park2015,2 4006 S WESTERN AVE Under Receivership 12 Brighton Park2015,2 5811 S. Michigan 3 Under Receivership 20 Washington Park2015,2 5051 Chicago 4 Under Receivership 28 Austin2015,2 3263 Fulton 6 In Court 28 East Garfield Park2015,2 1048 W 72nd Street 5 Under Receivership 17 Englewood2015,2 2859 W 25th Place 4 Under Receivership 12 South Lawndale2015,2 5751-59 S MICHIGAN AVE 28 Under Receivership 20 Washington Park2015,2 5801-05 S MICHIGAN AVE 24 Under Receivership 20 Washington Park2015,2 2440-52 E 75th St / 7445-47 S Phillips Ave 19 Under Receivership 7 South Shore2015,2 7642-44 S Essex Ave 6 Under Receivership 7 South Shore2015,2 6504 S ST LAWRENCE AVE 2 Under Receivership 20 Woodlawn2015,2 8015-17 S Ellis Ave 6 Under Receivership 8 Chatham2015,2 6620 S SAINT LAWRENCE AVE 4 Under Receivership 20 Woodlawn2015,2 5502 Congress/414-418 Lotus 17 Under Receivership 29 Austin2015,2 4134 Wilcox 20 Under Receivership 28 West Garfield Park2015,2 7655 S Carpenter/1024 W 77th St 10 In Court 17 Auburn Gresham2015,2 6359 S Bishop/1418-20 W 64th ST 5 Under Receivership 16 West Englewood2015,2 7331 S Dorchester Ave 3 Under Receivership 5 South Shore2015,2 4933 S Prairie 4 In Court 3 Grand Boulevard2015,2 4800 S Winchester Ave 6 Under Receivership 16 New City2015,2 6120 S EBERHART AVE 3 In Court 20 Woodlawn2015,2 1234 Independence 6 Under Receivership 24 North Lawndale2015,2 6501 S Kenwood Ave. 3 Under Receivership 20 Woodlawn2015,2 6112 S VERNON 3 Under Receivership 20 Woodlawn2015,2 6612 S VERNON AVE 3 Under Receivership 20 Woodlawn2015,2 918 N Drake 3 Under Receivership 27 Humboldt Park2015,2 4518 S. Indiana Avenue 3 Under Receivership 3 Grand Boulevard2015,3 48-60 E 50TH ST/4957-59 S. WABASH 24 Under Receivership 3 Grand Boulevard

2015,31054-60 W GRANVILLE AVE/6207-09 N. WINTHROP

27 Recovered 48 Edgewater

2015,3 6807-09 S CORNELL AVE 6 In Court 5 South Shore2015,3 7800-10 S PHILLIPS AVE / 2413-21 E 78TH ST 34 Stabilized 7 South Shore2015,3 4828-30 W ADAMS 6 Under Receivership 28 Austin2015,3 6445-47 S SAINT LAWRENCE AVE 6 In Court 20 Woodlawn2015,3 3542-48 W POLK ST 12 Under Receivership 24 East Garfield Park2015,3 4614-24 S VINCENNES AVE/444-448 E 46th Pl 24 Recovered 3 Grand Boulevard2015,3 5721-23 S. PRAIRIE AVE. 8 Under Receivership 20 Washington Park2015,3 437-39 W MARQUETTE RD 7 Stabilized 6 Englewood2015,3 2954-60 N Pulaski 16 In Court 30 Avondale2015,3 1630-1632 S Sawyer 11 Under Receivership 24 North Lawndale2015,3 4201-4209 W. Division Street 8 Recovered 37 Humboldt Park2015,3 6154-58 S Rockwell St 8 Stabilized 15 Chicago Lawn2015,3 1864-66 S. Hamlin 8 Recovered 24 North Lawndale2015,3 2815-23 E. 80th ST 8 Stabilized 7 South Chicago2015,3 7530-32 S Stewart 6 Stabilized 17 Greater Grand Crossing2015,3 216 N. Pine 7 Under Receivership 28 Austin2015,3 3611 W. Wolfram 7 In Court 35 Avondale2015,3 107-113 N. Laramie 26 Recovered 28 Austin2015,3 1227 S. Homan 6 Stabilized 24 North Lawndale2015,3 7927-29 S. Ellis Avenue 8 Stabilized 8 Chatham2015,3 952 N NOBLE ST 7 Recovered 27 West Town2015,3 6732-34 S Perry 6 Recovered 6 Greater Grand Crossing2015,3 6715-17 N Seeley 5 Recovered 50 West Ridge







Area2015,3 216 N Central 6 In Court 29 Austin2015,3 6221 S. ST. LAWRENCE AVE. 2 Under Receivership 20 Woodlawn2015,3 8100 S. Ellis Avenue 3 In Court 8 Chatham2015,3 8246-48 S Racine 8 Stabilized 18 Auburn Gresham2015,3 1038 Kedzie 6 In Court 26 Humboldt Park2015,3 4840 N SHERIDAN 4 In Court 46 Uptown2015,3 6432 S Eberhart Ave. 2 Under Receivership 20 Woodlawn2015,3 515 E 46TH PLACE 3 Under Receivership 3 Grand Boulevard2015,3 7518 N RIDGE 6 In Court 49 West Ridge2015,3 6219-21 S. Rhodes Ave. 6 Under Receivership 20 Woodlawn2015,3 431 CENTRAL PARK 6 In Court 27 Humboldt Park2015,3 724 N. Trumbull 4 In Court 27 Humboldt Park2015,3 413 E. 60th Street 1 In Court 20 Woodlawn


2015,3 3144-50 S PRAIRIE 8 Under Receivership 3 Douglas2015,3 6120 S SAINT LAWRENCE AVE 3 Under Receivership 20 Woodlawn2015,3 5850-54 S Campbell/2502 W 59th St 9 Under Receivership 13 Chicago Lawn2015,3 1350 W 98th PL / 9817-25 S Loomis 10 Stabilized 21 Washington Heights2015,3 6128 S EBERHART AVE 4 Under Receivership 20 Woodlawn2015,3 5910-12 S DR MARTIN LUTHER KING DRIVE 6 In Court 20 Washington Park2015,3 4006 S WESTERN AVE 3 Under Receivership 12 Brighton Park2015,3 5811 S. Michigan 3 In Court 20 Washington Park2015,3 5051 Chicago 4 Under Receivership 28 Austin2015,3 1048 W 72nd Street 5 Under Receivership 17 Englewood2015,3 2859 W 25th Place 6 Under Receivership 12 South Lawndale2015,3 5751-59 S MICHIGAN AVE 28 Under Receivership 20 Washington Park2015,3 5801-05 S MICHIGAN AVE 24 Under Receivership 20 Washington Park2015,3 2440-52 E 75th St / 7445-47 S Phillips Ave 19 Under Receivership 7 South Shore2015,3 7642-44 S Essex Ave 6 Under Receivership 7 South Shore2015,3 4010 Jackson 6 In Court 28 Austin2015,3 6504 S ST LAWRENCE AVE 2 In Court 20 Woodlawn2015,3 8015-17 S Ellis Ave 6 In Court 8 Chatham2015,3 6620 S SAINT LAWRENCE AVE 4 Under Receivership 20 Woodlawn2015,3 5502 Congress/414-418 Lotus 17 Under Receivership 29 Austin2015,3 4134 Wilcox 20 Under Receivership 28 West Garfield Park2015,3 7655 S Carpenter/1024 W 77th St 10 In Court 17 Auburn Gresham2015,3 7331 S Dorchester Ave 3 In Court 5 South Shore2015,3 4933 S Prairie 4 In Court 3 Grand Boulevard2015,3 4800 S Winchester Ave 6 Stabilized 16 New City2015,3 5938-40 S. Prairie 6 In Court 20 Washington Park2015,3 6120 S EBERHART AVE 3 In Court 20 Woodlawn2015,3 1234 Independence 6 Under Receivership 24 North Lawndale2015,3 6501 S Kenwood Ave. 3 Under Receivership 20 Woodlawn2015,3 6112 S VERNON 3 Under Receivership 20 Woodlawn2015,3 6612 S VERNON AVE 3 Under Receivership 20 Woodlawn2015,3 918 N Drake 3 Under Receivership 27 Humboldt Park2015,3 4518 S. Indiana Avenue 3 Under Receivership 3 Grand Boulevard2015,3 1133 W. Columbia Avenue 7 Under Receivership 49 Rogers Park2015,3 2837-45 E 80th St / 8001 S Muskegon Ave 19 Under Receivership 7 South Chicago2015,3 7544 S Champlain Ave 2 Under Receivership 6 Greater Grand Crossing2015,3 7743-45 S Yates Blvd 6 Under Receivership 7 South Shore2015,3 2837 Hillock 5 Under Receivership 11 Bridgeport2015,3 1802 S. Kildare 10 Under Receivership 22 North Lawndale2015,4 1048 W 72nd Street 5 Under Receivership 17 Englewood2015,4 107-113 N. Laramie 26 Recovered 28 Austin2015,4 1148 - 1150 N. Keeler 8 In Court 37 Humboldt Park2015,4 1227 S. Homan 6 Stabilized 24 North Lawndale2015,4 1350 W 98th PL / 9817-25 S Loomis 10 Stabilized 21 Washington Heights2015,4 1512-14 E. Marquette Ave. 6 Recovered 20 Woodlawn2015,4 1630-1632 S Sawyer 11 Under Receivership 24 North Lawndale2015,4 1864-66 S. Hamlin 8 Recovered 24 North Lawndale2015,4 216 N. Pine 7 Under Receivership 28 Austin2015,4 2701-03 W Jackson 11 Demolished 28 East Garfield Park2015,4 2954-60 N Pulaski 16 In Court 30 Avondale2015,4 308-310 W 80th ST/7954-58 S Princeton 8 Recovered 17 Chatham2015,4 3144-50 S PRAIRIE 8 Under Receivership 3 Douglas2015,4 3263 Fulton 6 In Court 28 East Garfield Park2015,4 3357 CHICAGO 6 In Court 27 Humboldt Park







Area2015,4 4006 S WESTERN AVE 3 Under Receivership 12 Brighton Park2015,4 4042-4060 N. MILWAUKEE AVE 34 Under Receivership 45 Portage Park2015,4 413 E. 60th Street 1 In Court 20 Woodlawn2015,4 4134 Wilcox 20 Under Receivership 28 West Garfield Park2015,4 437-39 W MARQUETTE RD 7 Stabilized 6 Englewood2015,4 4614-24 S VINCENNES AVE/444-448 E 46th Pl 24 Recovered 3 Grand Boulevard2015,4 4840 N SHERIDAN 4 In Court 46 Uptown2015,4 5051 Chicago 4 In Court 28 Austin2015,4 515 E 46TH PLACE 3 Under Receivership 3 Grand Boulevard2015,4 519 S. Lavergne 8 In Court 24 Austin2015,4 5502 Congress/414-418 Lotus 17 Under Receivership 29 Austin2015,4 5751-59 S MICHIGAN AVE 28 Under Receivership 20 Washington Park2015,4 5850-54 S Campbell/2502 W 59th St 9 Under Receivership 13 Chicago Lawn2015,4 5938-40 S. Prairie 6 In Court 20 Washington Park2015,4 6112 S VERNON 3 Under Receivership 20 Woodlawn2015,4 6120 S SAINT LAWRENCE AVE 3 Under Receivership 20 Woodlawn2015,4 6154-58 S Rockwell St 8 Stabilized 15 Chicago Lawn2015,4 6219-21 S. Rhodes Ave. 6 Under Receivership 20 Woodlawn2015,4 6221 S. ST. LAWRENCE AVE. 2 Under Receivership 20 Woodlawn2015,4 6359 S Bishop/1418-20 W 64th ST 5 In Court 16 West Englewood2015,4 6432 S Eberhart Ave. 2 Stabilized 20 Woodlawn2015,4 6445-47 S SAINT LAWRENCE AVE 6 Stabilized 20 Woodlawn2015,4 6504 S ST LAWRENCE AVE 2 Stabilized 20 Woodlawn2015,4 6612 S VERNON AVE 3 Under Receivership 20 Woodlawn2015,4 6732-34 S Perry 6 Recovered 6 Greater Grand Crossing2015,4 7331 S Dorchester Ave 3 In Court 5 South Shore2015,4 7530-32 S Stewart 6 Stabilized 17 Greater Grand Crossing2015,4 7550-58 S. Essex 32 In Court 7 South Shore2015,4 7641-43 S. Essex Ave 6 Under Receivership 7 South Shore2015,4 7646-56 S ESSEX AVE / 2448 E 77TH STREET 32 Stabilized 7 South Shore2015,4 7743-45 S Yates Blvd 6 Under Receivership 7 South Shore2015,4 7800-10 S PHILLIPS AVE / 2413-21 E 78TH ST 34 Stabilized 7 South Shore2015,4 7927-29 S. Ellis Avenue 8 Stabilized 8 Chatham2015,4 8100-06 S Throop St 16 Recovered 18 Auburn Gresham2015,4 8246-48 S Racine 8 Stabilized 18 Auburn Gresham


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Department of Planning and DevelopmentNEIGHBORHOOD LENDING PROGRAM


Quarter Reported Primary Address Loan Amount # of Units2015,1 8517 S Oglesby 85000 12015,1 8517 S Oglesby $10,000 12015,1 5445 N. Sheridan Ave unit 2508 $5,000 12015,1 5445 N. Sheridan Ave unit 2508 $5,000 12015,1 5445 N. Sheridan Ave unit 2508 $135,000 12015,1 8517 S Oglesby $85,000 12015,1 8517 S Oglesby $10,000 12015,1 5445 N. Sheridan Ave unit 2508 $5,000 12015,1 5445 N. Sheridan Ave unit 2508 $5,000 12015,1 5445 N. Sheridan Ave unit 2508 $135,000 12015,1 5230 S. Trumbull Ave. $106,000 12015,1 5230 S. Trumbull Ave. $106,000 12015,1 830 North Springfield $10,000 22015,1 830 North Springfield $30,000 22015,1 830 North Springfield $153,000 22015,1 830 North Springfield $10,000 22015,1 830 North Springfield $30,000 22015,1 830 North Springfield $153,000 22015,1 5423 South Princeton $15,000 22015,1 5423 South Princeton $3,298 22015,1 5423 South Princeton $18,515 22015,1 5423 South Princeton $15,000 22015,1 5423 South Princeton $3,298 22015,1 5423 South Princeton $18,515 22015,1 5230 S. Albany Ave. $95,000 12015,1 5230 S. Albany Ave. $95,000 12015,1 5404 West Crystal $15,000 12015,1 5404 West Crystal $15,000 12015,1 536 North Central Park $61,226 22015,1 536 North Central Park $35,000 22015,1 536 North Central Park $89,465 22015,1 536 North Central Park $61,226 22015,1 536 North Central Park $35,000 22015,1 536 North Central Park $89,465 22015,1 6118 S. Talman Ave. $29,200 12015,1 6118 S. Talman Ave. $29,200 12015,1 7620 S. Peoria $15,000 22015,1 7620 S. Peoria $15,000 22015,1 7706 S. Winchester $155,800 12015,1 3647 N. Sacramento $16,000 12015,1 1228 West 77th Street $135,815 22015,1 7706 S. Winchester $5,000 12015,1 7706 S. Winchester $5,000 12015,1 3647 N. Sacramento $10,000 12015,1 3647 N. Sacramento $5,000 12015,1 1228 West 77th Street $35,000 22015,1 1228 West 77th Street $15,000 22015,1 7706 S. Winchester $155,800 12015,1 3647 N. Sacramento $16,000 1




Quarter Reported Primary Address Loan Amount # of Units2015,1 1228 West 77th Street $135,815 22015,1 7706 S. Winchester $5,000 12015,1 7706 S. Winchester $5,000 12015,1 3647 N. Sacramento $10,000 12015,1 3647 N. Sacramento $5,000 12015,1 1228 West 77th Street $35,000 22015,1 1228 West 77th Street $15,000 22015,2 6013 S. Sawyer $64,775 12015,2 6013 S. Sawyer $64,775 12015,2 6200 S. Richmond Ave $93,400 12015,2 6200 S. Richmond Ave $93,400 12015,2 3448 W. 60th St $90,400 12015,2 3448 W. 60th St $90,400 12015,2 51 E. 37th PL $50,500 12015,2 51 E. 37th PL $5,000 12015,2 51 E. 37th PL $10,000 12015,2 51 E. 37th PL $50,500 12015,2 51 E. 37th PL $5,000 12015,2 51 E. 37th PL $10,000 12015,2 710 South Keeler $3,196 22015,2 710 South Keeler $28,250 22015,2 710 South Keeler $3,196 22015,2 710 South Keeler $28,250 22015,2 5601 S. Hamilton $54,480 12015,2 5601 S. Hamilton $54,480 12015,2 5958 West Huron Str $15,000 12015,2 5958 West Huron Str $15,000 12015,2 5339 W Galewood Ave. unit B $15,000 12015,2 1455 North Lawler Ave $15,000 22015,2 5916 South Michigan Ave $15,736 22015,2 5916 South Michigan Ave $15,000 22015,2 5916 South Michigan Ave $126,000 22015,2 5339 W Galewood Ave. unit B $15,000 12015,2 1455 North Lawler Ave $15,000 22015,2 5916 South Michigan Ave $15,736 22015,2 5916 South Michigan Ave $15,000 22015,2 5916 South Michigan Ave $126,000 22015,2 1629 North Luna $15,000 22015,2 1629 North Luna $15,000 22015,2 1634 W. 93rd St. $145,950 12015,2 1634 W. 93rd St. $145,950 12015,2 1455 North Monitor $15,000 12015,2 3210 E. 93rd St. $10,850 12015,2 3210 E. 93rd St. $3,445 12015,2 3210 E. 93rd St. $16,550 12015,2 7015 S. Carpenter Street $37,700 22015,2 7015 S. Carpenter Street $20,000 22015,2 7015 S. Carpenter Street $4,000 22015,2 4411 West Fulton $20,000 2




Quarter Reported Primary Address Loan Amount # of Units2015,2 4411 West Fulton $5,000 22015,2 4411 West Fulton $126,700 22015,2 1455 North Monitor $15,000 12015,2 3210 E. 93rd St. $10,850 12015,2 3210 E. 93rd St. $3,445 12015,2 3210 E. 93rd St. $16,550 12015,2 7015 S. Carpenter Street $37,700 22015,2 7015 S. Carpenter Street $20,000 22015,2 7015 S. Carpenter Street $4,000 22015,2 4411 West Fulton $20,000 22015,2 4411 West Fulton $5,000 22015,2 4411 West Fulton $126,700 22015,3 6543 South Vernon $6,926 12015,3 6543 South Vernon $6,926 12015,3 614 North Trumbull $35,000 32015,3 614 North Trumbull $35,000 32015,3 614 North Trumbull $57,779 32015,3 614 North Trumbull $15,000 32015,3 614 North Trumbull $35,000 32015,3 614 North Trumbull $35,000 32015,3 614 North Trumbull $57,779 32015,3 614 North Trumbull $15,000 32015,3 10108 South King Dr. $20,000 12015,3 10108 South King Dr. $5,000 12015,3 10108 South King Dr. $100,262 12015,3 10108 South King Dr. $20,000 12015,3 10108 South King Dr. $5,000 12015,3 10108 South King Dr. $100,262 12015,3 6550 S. Francisco Ave. $120,220 12015,3 6550 S. Francisco Ave. $120,220 12015,3 8234 S. St. Lawrence $20,000 12015,3 8523 S. Maryland $20,000 12015,3 8234 S. St. Lawrence $20,000 12015,3 8523 S. Maryland $20,000 12015,3 1941 W. Chase #G $62,000 12015,3 1941 W. Chase #G $62,000 12015,3 7043 S. Winchester $19,950 12015,3 7043 S. Winchester $19,950 12015,3 8405 S Crandon Avenue $15,000 12015,3 8405 S Crandon Avenue $5,000 12015,3 8405 S Crandon Avenue $179,910 12015,3 8405 S Crandon Avenue $15,000 12015,3 8405 S Crandon Avenue $5,000 12015,3 8405 S Crandon Avenue $179,910 12015,3 3219 N. Pacific Ave $10,000 12015,3 3219 N. Pacific Ave $5,000 12015,3 3219 N. Pacific Ave $156,481 12015,3 3219 N. Pacific Ave $10,000 12015,3 3219 N. Pacific Ave $5,000 1




Quarter Reported Primary Address Loan Amount # of Units2015,3 3219 N. Pacific Ave $156,481 12015,3 11608 S. Racine Ave. $23,590 12015,3 11608 S. Racine Ave. $58,225 12015,3 11608 S. Racine Ave. $23,590 12015,3 11608 S. Racine Ave. $58,225 12015,3 5747 S. Campbell $20,000 12015,3 5747 S. Campbell $20,000 12015,3 1756 N. Kedzie Unit F $150,807 12015,3 1756 N. Kedzie Unit F $5,000 12015,3 1756 N. Kedzie Unit F $15,000 12015,3 1756 N. Kedzie Unit F $150,807 12015,3 1756 N. Kedzie Unit F $5,000 12015,3 1756 N. Kedzie Unit F $15,000 12015,3 9335 S. Eberhart $20,000 12015,3 9335 S. Eberhart $20,000 12015,3 445 E. 91st Place $19,800 12015,3 445 E. 91st Place $19,800 12015,3 321 W. 101st Street $20,000 12015,3 10147 S. Rhodes $19,000 12015,3 321 W. 101st Street $20,000 12015,3 10147 S. Rhodes $19,000 12015,3 10133 S. Rhodes $20,000 12015,3 10133 S. Rhodes $20,000 12015,3 7809 S. Carpenter $25,000 32015,3 7809 S. Carpenter $25,000 32015,3 4610 W. Deming Pl $183,075 12015,3 4610 W. Deming Pl $183,075 12015,3 2842 W. 57th St $115,895 12015,3 2842 W. 57th St $115,895 12015,3 10035 S. Eberhart $19,285 12015,3 10035 S. Eberhart $19,285 12015,3 10137 S. Eberhart $19,500 12015,3 10137 S. Eberhart $19,500 12015,3 11119 S. King Drive $25,000 32015,3 10043 S. Eberhart $19,420 12015,3 11119 S. King Drive $25,000 32015,3 10043 S. Eberhart $19,420 12015,3 3514 S. California Ave. $105,385 22015,3 3514 S. California Ave. $105,385 22015,3 6011 S. Albany Ave $107,919 12015,3 10134 South Eberhart Ave. $15,000 12015,3 10134 South Eberhart Ave. $5,000 12015,3 6011 S. Albany Ave $5,000 12015,3 6011 S. Albany Ave $15,000 12015,3 10134 South Eberhart Ave. $102,090 12015,3 6011 S. Albany Ave $107,919 12015,3 10134 South Eberhart Ave. $15,000 12015,3 10134 South Eberhart Ave. $5,000 12015,3 6011 S. Albany Ave $5,000 1




Quarter Reported Primary Address Loan Amount # of Units2015,3 6011 S. Albany Ave $15,000 12015,3 10134 South Eberhart Ave. $102,090 12015,3 5358 S. Artesian $5,000 12015,3 5358 S. Artesian $35,000 12015,3 5358 S. Artesian $76,500 12015,3 314 N. Latrobe $15,000 22015,3 314 North Latrobe $160,569 22015,3 5358 S. Artesian $5,000 12015,3 5358 S. Artesian $35,000 12015,3 5358 S. Artesian $76,500 12015,3 314 N. Latrobe $15,000 22015,3 314 North Latrobe $160,569 22015,3 6013 S. Sawyer $20,000 12015,3 6013 S. Sawyer $20,000 12015,3 1145 W. 71st Street $19,950 12015,3 1145 W. 71st Street $19,950 12015,3 7747 S. Luella Ave. $20,000 12015,3 7747 S. Luella Ave. $5,000 12015,3 7747 S. Luella Ave. $153,243 12015,3 8241 S. Paulina $19,950 12015,3 7747 S. Luella Ave. $20,000 12015,3 7747 S. Luella Ave. $5,000 12015,3 7747 S. Luella Ave. $153,243 12015,3 8241 S. Paulina $19,950 12015,3 2021 W. 75th place $79,400 12015,3 2021 W. 75th place $79,400 12015,4 3758 W. 81st Pl. $149,630 12015,4 9247 S. Racine $19,921 12015,4 7148 S. Green $19,900 12015,4 3758 W. 81st Pl. $149,630 12015,4 9247 S. Racine $19,921 12015,4 7148 S. Green $19,900 12015,4 1933 N. Kedvale Ave. $161,123 12015,4 1933 N. Kedvale Ave. $161,123 12015,4 2850 W. 25th place $96,806 12015,4 548 North Drake $55,119 12015,4 548 North Drake $35,000 12015,4 548 North Drake $87,591 12015,4 2850 W. 25th place $96,806 12015,4 548 North Drake $55,119 12015,4 548 North Drake $35,000 12015,4 548 North Drake $87,591 12015,4 2528 N. Luna $124,000 12015,4 2528 N. Luna $124,000 12015,4 4919 S. Seeley $36,680 12015,4 4919 S. Seeley $36,680 12015,4 3328 W. 65th PL $107,023 12015,4 3328 W. 65th PL $107,023 12015,4 544 North Central Park Ave $69,638 2




Quarter Reported Primary Address Loan Amount # of Units2015,4 544 North Central Park Ave $35,000 22015,4 544 North Central Park Ave $134,713 22015,4 544 North Central Park Ave $69,638 22015,4 544 North Central Park Ave $35,000 22015,4 544 North Central Park Ave $134,713 22015,4 4935 S. Prairie $119,833 12015,4 4935 S. Prairie $35,000 12015,4 4935 S. Prairie $119,833 12015,4 4935 S. Prairie $35,000 12015,4 4645 N. Melvina $170,211 12015,4 4645 N. Melvina $170,211 12015,4 2204 N Lacrosse St $35,000 12015,4 2204 N Lacrosse St $35,000 12015,4 5019 W. Wabansia $15,000 12015,4 5019 W. Wabansia $5,000 12015,4 5019 W. Wabansia $151,600 12015,4 5019 W. Wabansia $15,000 12015,4 5019 W. Wabansia $5,000 12015,4 5019 W. Wabansia $151,600 12015,4 5945 S. Troy St. $15,000 12015,4 5945 S. Troy St. $4,000 12015,4 5945 S. Troy St. $104,555 12015,4 822 West Vermont $5,000 12015,4 930 North Keystone $24,360 12015,4 822 West Vermont $15,000 12015,4 822 West Vermont $153,710 12015,4 5945 S. Troy St. $15,000 12015,4 5945 S. Troy St. $4,000 12015,4 5945 S. Troy St. $104,555 12015,4 822 West Vermont $5,000 12015,4 930 North Keystone $24,360 12015,4 822 West Vermont $15,000 12015,4 822 West Vermont $153,710 12015,4 4638 S Leclaire Ave $5,000 12015,4 4638 S Leclaire Ave $22,000 12015,4 4638 S Leclaire Ave $94,398 12015,4 4638 S Leclaire Ave $5,000 12015,4 4638 S Leclaire Ave $22,000 12015,4 4638 S Leclaire Ave $94,398 12015,4 6041 S. Richmond St. $94,295 12015,4 6041 S. Richmond St. $94,295 12015,4 3449 West Ohio $182,954 22015,4 3449 West Ohio $182,954 22015,4 725 E. 104th Place $20,000 1


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stru

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n , L

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111

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reet

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ativ

esX

XX

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311

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reet

1So

ld$3

35,9

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est

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ica g

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ativ

esX

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311

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ica g

o N

eigh

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ativ

esX

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311

627

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cine

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nue

1Fo

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le$5

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$356

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Wes

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War

d 34

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a go

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rhoo

d In

itiat

ives

XX

XX

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1, N

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NS

1164

9 S

Ada

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et1

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$328

,408

.09

$328

,758

.09

Wes

t Pu

llman

War

d 34

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a go

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d In

itiat

ives

XX

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1174

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ard

34Ch

ica g

o N

eigh

borh

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Initi

ativ

esX

XX

XX

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312

013-

15 S

Egg

lest

on A

venu

e13

Rent

ed$1

,729

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$1,7

13,5

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34KM

A H

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n gs

XX

XX

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SP1

1214

W 5

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Stre

et3

Rent

ed$3

13,6

36.6

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13,7

06.6

6N

ew C

ityW

ard

16N

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est

Real

t yX

XX

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113

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Cen

tral

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k /

3556

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glas

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Rent

ed$3

,019

,220

.08

$2,8

35,3

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8N

orth

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ndal

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elop

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XX

XX

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SP3

1529

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nue

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$56,

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th L

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War

d 24

XX

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1530

S D

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$422

,405

.85

$421

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.59

Nor

th L

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War

d 24

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kin g

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und

XX

XX

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1540

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XX

XX

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115

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$305

,476

.41

$305

,476

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Nor

th L

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War

d 24

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kin g

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XX

XX

XN

SP1

1553

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enue

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nked

$190

,410

.72

$190

,410

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Nor

th L

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War

d 24

XX

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1636

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ding

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2So

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War

d 26

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llino

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XX

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116

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Lam

on A

venu

e4

Rent

ed$5

17,0

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52,4

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War

d 37

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Hol

din g

sX

XX

XX

NSP

116

47 S

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mbu

ll Av

enue

2So

ld$4

30,8

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68.0

6N

orth

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ndal

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24Br

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n g G

roun

dX

XX

XX

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316

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mbu

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enue

2So

ld$2

92,5

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92,5

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8N

orth

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ndal

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n g G

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dX

XX

XX

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118

23 N

Trip

p Av

enue

1So

ld$4

48,5

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9H

erm

osa

War

d 30

Kean

e y C

onst

ruct

ion

XX

XX

XN

SP2

1830

N K

edva

le A

venu

e1

Sold

$358

,807

.45

$358

,807

.45

Her

mos

aW

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30CD

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, Inc

XX

XX

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SP2

1863

S L

awnd

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ue15

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ed$1

,931

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.42

$1,9

05,7

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orth

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24LC

DC

XX

XX

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SP1

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N K

arlo

v Av

enue

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43,0

87.5

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War

d 30

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t y E

nter

pris

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evel

opm

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Corp

orat

ion

XX

XX

XN

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2028

N K

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Sold

$340

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$340

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Her

mos

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31JM

L D

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Inc.

XX

XX

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SP2

2039

N K

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er A

venu

e2

Sold

$511

,694

.28

$511

,694

.28

Her

mos

aW

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30Br

eaki

n g G

roun

dX

XX

XX

NSP

221

05 N

Trip

p Av

enue

1So

ld$3

69,8

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70,1

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0H

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War

d 30

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t y E

nter

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Corp

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ion

XX

XX

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SP2

2107

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arlo

v Av

enue

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ld$6

55,4

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0H

erm

osa

War

d 30

PMG

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up I

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LCX

XX

XX

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221

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nue

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93,3

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8$3

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8H

erm

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War

d 31

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e y C

onst

ruct

ion

XX

XX

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SP2

2118

N K

eele

r Av

enue

2So

ld$4

16,3

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7$4

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7H

erm

osa

War

d 30

JML

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elo p

men

t In

c.X

XX

XX

NSP

222

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2 S

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s Av

enue

4Re

nted

$644

,234

.54

$697

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Aust

inW

ard

29Ka

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ung

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elop

men

t, L

LC.

XX

XX

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SP1

2244

N K

ostn

er A

venu

e2

Sold

$510

,640

.58

$510

,640

.58

Her

mos

aW

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31JM

L D

evel

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ent

Inc.

XX

XX

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SP2

2501

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et12

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ed$2

,425

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.12

$2,4

26,3

53.1

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icag

o La

wn

War

d 15

KMA

Hol

din g

sX

XX

XX

NSP

1, N

SP2

2635

S S

t Lo

uis

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ue1

Sold

$349

,598

.60

$349

,598

.60

Sout

h La

wnd

ale

War

d 22

Brea

kin g

Gro

und

XX

XX

XN

SP2

29 W

108

th S

tree

t1

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$210

,551

.24

$210

,551

.24

Rose

land

War

d 34

Team

4 C

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ruct

ion ,

LLC

XX

XX

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SP1

2925

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ed$1

,291

,246

.62

$1,2

92,5

96.6

2Ch

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War

d 16

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Dire

ctio

ns H

ousi

n g C

orpo

ratio

nX

XX

XX

NSP

231

41 W

Mon

roe

Stre

et1

Sold

$418

,229

.94

$415

,156

.27

East

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field

Par

kW

ard

28Ka

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L.Yo

ung

Dev

elop

men

t, L

LC.

XX

XX

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SP3

3247

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oed

& S

old

$109

,558

.93

$109

,558

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Sout

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icag

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ian

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ciat

es, I

nc.

XX

XX

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3252

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ed$4

6,44

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$46,

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93So

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ago

War

d 10

XX

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SP1

3252

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$1,5

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d 33

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ago

Met

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sing

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men

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r pX

XX

XX

NSP

2

327

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entr

al P

ark

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ue2

Sold

$338

,092

.16

$338

,092

.16

East

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field

Par

kW

ard

28Co

mm

unity

Mal

e Em

pow

erm

ent

Proj

ect

XX

XX

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SP1

3302

- 0

8 W

Hur

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tree

t8

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ed$1

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.40

$1,6

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umbo

ldt

Park

War

d 27

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Com

mun

ities

LLC

XX

XX

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SP2

3328

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et1

Sold

$405

,063

.15

$405

,063

.15

Chic

ago

Law

nW

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15D

MR

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stm

ents

LLC

XX

XX

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SP2

3339

W L

e M

o yne

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1So

ld$3

11,7

69.3

7$3

11,7

69.3

7H

umbo

ldt

Park

War

d 26

Anch

or G

roup

Ltd

. of I

llino

isX

XX

XX

NSP

133

51 W

Ohi

o St

reet

14Re

nted

$2,4

24,2

25.4

6$2

,456

,767

.10

Hum

bold

t Pa

rkW

ard

27KM

W C

omm

uniti

es L

LCX

XX

XX

NSP

233

52 W

Wal

nut

Aven

ue2

Sold

$256

,587

.99

$256

,587

.99

East

Gar

field

Par

kW

ard

28Co

mm

unit y

Mal

e Em

pow

erm

ent

Proj

ect

XX

XX

XN

SP1

3412

W W

alnu

t St

reet

2So

ld$2

58,2

62.2

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st G

arfie

ld P

ark

War

d 28

Com

mun

it y M

ale

Empo

wer

men

t Pr

ojec

tX

XX

XX

NSP

134

17 W

Hirs

ch S

tree

t1

Sold

$272

,694

.06

$274

,594

.06

Hum

bold

t Pa

rkW

ard

26La

tin U

nite

d Co

mm

unit y

Hou

sing

Ass

ocia

tion

XX

XX

XN

SP1

3430

W F

ulto

n Av

enue

3La

ndba

nked

$70,

889.

54$7

0,88

9.54

East

Gar

field

Par

kW

ard

28X

XX

NSP

1


Stat

us o

f Nei

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tim

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al

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at G

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tC

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un

ity

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evel

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uy

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edIn

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ehab

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o'd

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ente

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ilabi

lity

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per

prop

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old

Ren

ted

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nt

3454

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arqu

ette

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d2

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$481

,604

.63

$481

,604

.63

Chic

ago

Law

nW

ard

15PM

G C

hica

go G

roup

II,

LLC

XX

XX

XN

SP2

347-

51 S

Cen

tral

Ave

nue

22Re

nted

$2,5

56,7

97.3

6$2

,662

,015

.66

Aust

inW

ard

29Ka

rry

L.Yo

ung

Dev

elop

men

t, L

LC.

XX

XX

XN

SP1

3507

W H

irsch

Str

eet

1La

ndba

nked

$63,

315.

56$6

3,31

5.56

Hum

bold

t Pa

rkW

ard

26X

XX

NSP

135

08 W

Pal

mer

Str

eet

1So

ld$4

53,5

24.3

3$4

53,5

24.3

3Lo

gan

Squa

reW

ard

35JM

L D

evel

o pm

ent

Inc.

XX

XX

XN

SP2

3518

W L

eMoy

ne S

tree

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Sold

$310

,035

.52

$310

,035

.52

Hum

bold

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rkW

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26La

tin U

nite

d Co

mm

unit y

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sing

Ass

ocia

tion

XX

XX

XN

SP1

3519

W D

icke

ns A

venu

e2

Sold

$490

,085

.98

$493

,760

.98

Loga

n Sq

uare

War

d 26

Brea

kin g

Gro

und

XX

XX

XN

SP2

3520

W P

alm

er S

tree

t2

Sold

$669

,632

.45

$670

,147

.45

Loga

n Sq

uare

War

d 26

PMG

Chi

cago

Gro

up I

I, L

LCX

XX

XX

NSP

235

50 W

Lyn

dale

Str

eet

7Re

nted

$1,1

71,6

75.1

4$1

,171

,675

.14

Loga

n Sq

uare

War

d 26

His

pani

c H

ousi

ng D

ev. C

orp.

XX

XX

XN

SP2

3551

W D

ougl

as B

oule

vard

2So

ld$2

68,0

72.3

5$2

68,0

72.3

5N

orth

Law

ndal

eW

ard

24Br

eaki

n g G

roun

dX

XX

XX

NSP

135

72 W

Pal

mer

Ave

nue

2La

ndba

nked

$429

,986

.38

$473

,826

.13

Loga

n Sq

uare

War

d 26

XX

XN

SP2

3647

W P

alm

er S

tree

t1

Sold

$491

,977

.45

$492

,172

.45

Loga

n Sq

uare

War

d 26

PMG

Chi

cago

Gro

up I

I, L

LCX

XX

XX

NSP

238

18 W

Ohi

o St

reet

3Re

nted

$602

,350

.90

$602

,350

.97

Hum

bold

t Pa

rkW

ard

27KM

W C

omm

uniti

es L

LCX

XX

XX

NSP

1, N

SP2

3847

W H

uron

Str

eet

3Re

nted

$634

,336

.48

$634

,336

.01

Hum

bold

t Pa

rkW

ard

27KM

W C

omm

uniti

es L

LCX

XX

XX

NSP

1, N

SP2

4066

S L

ake

Park

Ave

nue

1So

ld$2

34,6

89.9

5$2

34,6

89.9

5O

akla

ndW

ard

4Br

eaki

n g G

roun

dX

XX

XX

NSP

142

31 W

Div

isio

n St

reet

12Re

nted

$2,1

94,1

12.2

2$2

,194

,112

.22

Hum

bold

t Pa

rkW

ard

37IF

FX

XX

XX

NSP

242

53 W

Cor

tez

Stre

et2

Sold

$504

,603

.68

$507

,403

.68

Hum

bold

t Pa

rkW

ard

37CD

GII

, Inc

XX

XX

XN

SP2

4326

W D

icke

ns A

venu

e2

Sold

$514

,802

.38

$515

,277

.38

Her

mos

aW

ard

30JM

L D

evel

o pm

ent

Inc.

XX

XX

XN

SP2

436-

42 E

47t

h St

reet

16Re

nted

$6,1

67,0

09.2

4$6

,172

,164

.84

Gra

nd B

oule

vard

War

d 3

Reve

re P

rope

rtie

s D

evel

opm

ent

XX

XX

XN

SP2

4415

W W

alto

n St

reet

2So

ld$4

11,9

80.2

1$4

11,9

80.2

1H

umbo

ldt

Park

War

d 37

Wes

tsid

e U

rban

Dev

elop

men

t &

Joy

's

Cons

truc

tion

XX

XX

XN

SP2

4419

N K

imba

ll Av

enue

1So

ld$5

94,3

58.7

7$5

94,3

58.7

7Al

bany

Par

kW

ard

33PM

G C

hica

go G

roup

II,

LLC

XX

XX

XN

SP2

4440

W R

ice

Stre

et1

Sold

$277

,996

.41

$277

,996

.41

Hum

bold

t Pa

rkW

ard

37CD

GII

, Inc

XX

XX

XN

SP2

4711

N M

ontic

ello

Ave

nue

2So

ld$6

26,0

60.3

4$6

26,0

60.3

4Al

bany

Par

kW

ard

33KM

W C

omm

uniti

es L

LCX

XX

XX

NSP

248

00-1

4 S

Cal

umet

Ave

nue

21Re

nted

$5,0

83,4

07.8

9$5

,102

,685

.40

Gra

nd B

oule

vard

War

d 3

Brin

shor

e D

evel

o pm

ent

XX

XX

XN

SP1

49 W

108

th S

tree

t1

Sold

$193

,468

.01

$209

,077

.94

Rose

land

War

d 34

Team

4 C

onst

ruct

ion ,

LLC

XX

XX

XN

SP1

5006

W C

onco

rd P

lace

2So

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44,7

37.9

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44,7

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4Au

stin

War

d 37

KMA

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sX

XX

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NSP

151

41 W

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cord

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ce1

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$221

,128

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$221

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War

d 27

XX

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5235

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dam

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$67,

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29X

XX

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152

54-5

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Ada

ms

Stre

et1

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$271

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$285

,265

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Aust

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ard

29Br

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n g G

roun

dX

XX

XX

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153

6 N

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rs A

venu

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$308

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$308

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XX

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Was

hing

ton

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War

d 20

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alt y

XX

XX

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255

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Gla

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ue8

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ed$6

72,9

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71,7

43.6

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stin

War

d 29

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e Co

rner

sX

XX

XX

NSP

155

46 W

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ncy

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et2

Sold

$373

,649

.51

$373

,649

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Aust

inW

ard

29Br

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n g G

roun

dX

XX

XX

NSP

156

15 S

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irie

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ue10

Rent

ed$1

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.28

$2,0

43,5

61.2

8W

ashi

ngto

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20PO

AHX

XX

XX

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156

55 S

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iana

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nue

22Re

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$1,5

90,9

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3$1

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Was

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War

d 20

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orat

ion

XX

XX

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5727

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ed$1

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$1,6

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2016

00 I

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XX

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5840

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e8

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ed$1

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$1,2

44,2

67.2

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ashi

ngto

n Pa

rkW

ard

20IF

FX

XX

XX

NSP

259

21-3

9 S

Wab

ash

Aven

ue36

Rent

ed$6

,669

,211

.36

$6,6

70,6

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7W

ashi

ngto

n Pa

rkW

ard

20St

. Edm

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s O

asis

, LLC

XX

XX

XN

SP1,

NSP

260

15-3

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ana

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ue46

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ed$5

,821

,312

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$5,7

76,2

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3W

ashi

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rkW

ard

20Br

insh

ore

Dev

elo p

men

tX

XX

XX

NSP

160

16 S

Whi

pple

Str

eet

1So

ld$3

59,2

40.1

3$3

59,2

40.1

3Ch

icag

o La

wn

War

d 16

DM

R In

vest

men

ts L

LCX

XX

XX

NSP

260

34-5

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venu

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ed$4

,584

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$4,5

93,2

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5W

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rkW

ard

20Th

ree

Corn

ers

XX

XX

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SP2

607

E 10

7th

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$264

,461

.00

$264

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.00

Pullm

anW

ard

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ica g

o N

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borh

ood

Initi

ativ

esX

XX

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160

9 E

107t

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ld$2

35,8

23.5

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50,4

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War

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d In

itiat

ives

XX

XX

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6110

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$611

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XX

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261

18 S

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72,4

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72,4

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9Ch

icag

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wn

War

d 15

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orat

ion

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elo p

men

t, L

LCX

XX

XX

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261

24 S

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88,5

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88,5

40.3

6Ch

icag

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wn

War

d 15

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ion

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t, L

LCX

XX

XX

NSP

261

25 S

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Law

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4,36

9.59

$571

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Woo

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20Re

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ent,

LLC

XX

XN

SP2

6131

S S

t La

wre

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For

Sale

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$641

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ard

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LLC

XX

XX

NSP

1, N

SP2

616

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th S

tree

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$328

,339

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$344

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20Re

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LLC

XX

XX

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6200

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59.0

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War

d 20

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Com

mun

ities

LLC

XX

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6200

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102

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0,62

4,43

4.59

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59W

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War

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POAH

XX

XX

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6205

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Woo

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20Br

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Dev

elo p

men

tX

XX

XX

NSP

262

14 S

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iana

Ave

nue

2So

ld$4

38,6

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83.0

1W

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XX

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20X

XX

NSP

262

37 S

Sac

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Ave

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2So

ld$5

14,2

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0Ch

icag

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wn

War

d 15

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R In

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men

ts L

LCX

XX

XX

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263

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68W

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War

d 20

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6323

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20PO

AHX

XX

XX

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163

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90,3

15.7

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99,4

15.9

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icag

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wn

War

d 15

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LLC

.X

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163

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11,8

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icag

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War

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LLC

.X

XX

XX

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163

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89,2

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icag

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War

d 15

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g D

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LLC

.X

XX

XX

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163

54 S

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ld$1

93,6

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21,1

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1Ch

icag

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War

d 15

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LLC

.X

XX

XX

NSP

164

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23,5

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34,0

67.6

1Ch

icag

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wn

War

d 15

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.X

XX

XX

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164

08 S

Tal

man

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84,5

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91.0

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icag

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War

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ty D

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LLC

XX

XX

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6427

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$65,

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29,1

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glew

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War

d 20

NH

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deve

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Corp

orat

ion

XX

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NSP

264

28 S

In g

lesi

de A

venu

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Rent

ed$1

18,3

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4W

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War

d 20

POAH

XX

XX

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6431

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$502

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LLC

XX

XX

NSP

1 , N

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6433

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alm

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venu

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Sold

$210

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$210

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Chic

ago

Law

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sta

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erty

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men

t LL

CX

XX

XX

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164

41 S

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mal

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1La

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$43,

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32$4

3,99

5.32

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20X

XX

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264

43-5

9 S

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Ave

nue

15Re

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$2,2

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ung

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LC.

XX

XX

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6456

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ed$1

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War

d 20

POAH

XX

XX

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647

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ding

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1La

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$58,

648.

84H

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d 27

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XX

XX

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265

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Art

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49,4

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g D

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LLC

.X

XX

XX

NSP

165

11 S

Map

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Sold

$341

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$341

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Chic

ago

Law

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CX

XX

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165

23 S

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6,63

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631.

64W

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War

d 20

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6544

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$24,

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20X

XX

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265

7 N

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N/A

$329

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Hum

bold

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ard

27Br

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XX

XX

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6614

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$187

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$187

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Chic

ago

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LC.

XX

XX

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6956

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Sold

$338

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.82

$338

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Gre

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d 5

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ion

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t, L

LCX

XX

XX

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269

66 S

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dlaw

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enue

1So

ld$2

22,9

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4$2

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4G

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5Re

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pert

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men

tX

XX

XX

NSP

170

14 S

Kim

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nue

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$700

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.43

$700

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.09

Gre

ater

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War

d 5

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don

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s, L

LCX

XX

XX

NSP

1, N

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7122

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bank

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87.5

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00,0

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reat

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ssin

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ard

5X

XX

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171

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Woo

dlaw

n Av

enue

1So

ld$2

23,5

58.5

1$2

25,3

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rand

Cro

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5Te

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Con

stru

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LCX

XX

XX

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1, N

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7143

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55,8

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3G

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rand

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ard

5Te

am 4

Con

stru

ctio

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LCX

XX

XX

NSP

1, N

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716

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vers

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nue

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2 D

UPL

ICAT

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SS1

In R

ehab

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$334

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Hum

bold

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rkW

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27Br

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ng G

roun

dX

XX

NSP

1, N

SP2

7217

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llis

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ue1

Sold

$257

,952

.00

$257

,952

.00

Gre

ater

Gra

nd C

ross

ing

War

d 5

Reve

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ent

XX

XX

XN

SP1

730

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prin

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ld A

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Rent

ed$3

81,6

11.7

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11.6

2H

umbo

ldt

Park

War

d 27

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Com

mun

ities

LLC

XX

XX

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274

1 N

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SP2

DU

PLIC

ATE

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SS2

In R

ehab

N/A

$444

,194

.00

Aust

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ard

37Br

eaki

ng G

roun

dX

XX

NSP

1, N

SP2

7525

S R

idge

land

Ave

nue

2So

ld$3

57,6

96.3

4$3

57,6

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uth

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ard

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MR

Inve

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ents

LLC

XX

XX

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SP1

7543

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S Ph

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s Av

enue

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nted

$889

,211

.39

$872

,343

.13

Sout

h Sh

ore

War

d 7

New

Hom

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y N

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isga

hX

XX

XX

NSP

176

14 S

Car

pent

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tree

t1

For

Sale

N/A

$423

,534

.00

Aubu

rn G

resh

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ard

17N

HS

Rede

velo

pmen

t Co

rpor

atio

nX

XX

XN

SP1,

NSP

276

18 S

Ma y

Str

eet

1So

ld$3

71,1

50.7

9$4

60,6

63.1

5Au

burn

Gre

sham

War

d 17

KMW

Com

mun

ities

LLC

XX

XX

XN

SP3

7620

S P

eoria

Str

eet

2So

ld$5

32,3

97.0

8$5

33,0

94.3

4Au

burn

Gre

sham

War

d 17

KMW

Com

mun

ities

LLC

XX

XX

XN

SP3

7622

S C

regi

er A

venu

e1

Sold

$396

,875

.22

$396

,875

.22

Sout

h Sh

ore

War

d 8

Gen

esis

Hou

sin g

Dev

elop

men

t Co

rpX

XX

XX

NSP

176

31 S

Cre

gier

Ave

nue

1So

ld$2

73,6

58.9

5$2

73,6

58.9

5So

uth

Shor

eW

ard

8G

enes

is H

ousi

n g D

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opm

ent

Corp

XX

XX

XN

SP1

7646

S M

orga

n St

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ld$4

17,4

18.4

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sham

War

d 17

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LLC

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XX

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7706

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da S

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XX

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177

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$425

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XX

XX

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377

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tree

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$428

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XX

XX

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177

28 S

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$411

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177

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XX

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2

7734

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$242

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177

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XX

XX

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7737

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XX

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377

49 S

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$44,

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17X

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378

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War

d 17

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ew P

isga

hX

XX

XX

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178

04 S

Gre

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tree

t2

Sold

$205

,140

.06

$205

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17N

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XX

XX

XN

SP1

7808

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War

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Com

mun

ities

LLC

XX

XX

XN

SP3

7810

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.X

XX

XX

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378

35 S

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War

d 17

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hX

XX

XX

NSP

179

14 S

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pent

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tree

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Rent

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XX

XX

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7953

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XX

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180

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enue

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280

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XX

XX

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8142

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XX

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8146

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mun

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XX

XX

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XX

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8322

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enov

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LCX

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283

32 S

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1La

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$37,

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7X

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284

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7X

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284

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633.

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7X

XX

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285

18 S

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quet

te A

venu

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$517

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286

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XX

XX

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8637

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291

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2114

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262

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276

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7736

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PRO

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LS (

20

08

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PProperty 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 F 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 $2,250,415.00

161 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 $$2,920,843.80

618-630 W. Washington/101-121 N. Des Plaines (the Catalyst)

The Cornerstone Group 70, LLC 12/1/2005 payment $540,630.00 $540,630.00

111 W Wacker 4/11/2007 payment $89,869.68 $$89,869.68171 N. Wabash/73 E. Lake Street M&R Development, LLC 8/21/2008 payment $1,482,941.00 $$1,482,941.00212-232 W Illinois St., 501-511 N. Franklin St.

JDL Acquisitions, LLC, 908 N. Halsted, Chicago

Aug-08 payment $2,654,166.00 $$1,191,822.00

1- 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 $1,675,132.80

118 - 128 W Chicago 801- 819 N LaSalle

Smithfield Properties XVI LLC 5/16/2013 payment $714,892.20 $$714,892.20

118 - 128 W Chicago 801- 819 N LaSalle

Smithfield Properties XVI LLC 1/16/2014 payment $953,198.20 $$953,198.20

Old Colony Building407 S Dearborn35-39 W Van Buren

407 Dearborn LLC 7/18/2013 payment $605,556.48 $$605,556.48

707 North Wells Akara Development Services As of Right payment $351,877.60 $$351,877.60200-214 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 $$913,703.00720 N. LaSalle Superior Park LLC 8/21/2014 payment $1,082,120.80 $$1,082,120.80

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

224-228 E. Ontario SMASHotels Chicago LLC As of Right payment $193,362.40 $193,362.40400-420 W Huron700-708 N Sedgwick Foodsmith Huron Associates LLC 12/18/2014 payment $744,312.80 $744,312.80

235 Van Buren** CMK Companies 3/14/2007 payment/units N/A - initially built units $917,384.60 251118 N State (Cedar Hotel) Cedar Property LLC 8/20/2015 payment $746,359.60 $746,359.60640 N Wells Wells & Erie LLC 8/20/2015 payment $1,595,841.80 $1,595,850.40167 Erie MAC West LLC 8/21/2014 payment $2,310,888.80 $$2,310,888.8051-67 E Van Buren/401-419 S Wabash (Buckingham-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

451 E Grand Related Midwest 12/18/2014 payment $2,983,168.00215 W Hubbard 215 Hubbard LLC 6/18/2015 payment $1,461,552.801061 W Van Buren Pizzuti Development 10/15/2015 payment $1,167,209.40650 S Wells CMK Companies 11/19/2015 payment $8,707,477.00

Total $88,276,175.14 $45,299,791.44 30

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

DENSITY BONUS PROJECTS (through 12/31/2015)

** This was initially reported as an ARO project. A settlement agreement enabling the developer to pay an in-lieu payment of $48,283.40 per affordable unit sold at market was approved on this date. As of June 30, 2014, the project is complete: 25 units have been sold to affordable buyers, with 19 units sold to market buyers, for a total of 44 required affordable units.

Density Bonus Report


Density Bonus Report

PProperty Address DeveloperPlan Commission

ApprovalType Projected Payment Cash Received

Number of Affordable Units

2346-56 S. Wabash Dave Dubin 3/17/2005 units N/A Units 10

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 $2,587,291.80

535 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 $11,416,585.55

Property Address DeveloperPlan Commission

ApprovalType Projected Payment date canceled

100-106 S Sangamon, 933-943 W Monroe St

Campus Condominiums, LLC payment $243,617 $38,991.00

301-319 S. Sangamon Street / 925 W. Jackson

Heidner Properties August-06 units N/A Units $40,238.00

501-517 W. Huron; 658-678 N. Kingsbury; 500-502 W. Erie ((Park Kingsbury)

501 Huron Building Corporation June-06 payment $853,320 $39,295.00

8 East Huron 8 E. Huron Associates November-06 payment $153,162 $39,539.00

680 N. Rush (F/K/A 65 East Huron) (CCanyon Ranch)

Huron-Rush, LLC December-05 payment $1,550,239 $39,600.00

2100 S. Prairie Avenue 2100 S. Prairie, LLC As of Right payment $129,730 $39,661.00251 E. Ohio / 540 N. Fairbanks Fairbanks Development Associates, LLC January-07 $1,042,945 $39,722.00

2055 S. Praire (Chess Lofts/Aristocrat) Warman Development September-05 payment $576,947.00 $39,822.00

1712 S. Prairie 1712 S. Prairie LLC 2/1/2006 payment $699,890.00 $40,086.00

630 N. McClurg Golub & Company 5/1/2008 payment $7,920,806.40 $40,162.00

400 N. Lake Shore Drive (The Spire) Shelborne North Water Street LP 4/19/2007 payment $5,700,300.00

Total $18,870,955.60

DENSITY BONUS: CANCELED PROJECTS

DENSITY BONUS: PROJECTS ON HOLD


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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

(m

axim

um r

ents

whe

n te

nant

s pa

y no

util

ities

/lan

dlor

d pa

ys a

ll ut

ilitie

s):

Num

ber

ofBe

droo

ms

10

%1

5%

20

%3

0%

40

%5

0%

(Low

HO

ME

Rent

Lim

it)6

0%

Hig

h H

OM

E Re

nt L

imit*

65

%8

0%

10

0%

12

0%

HU

D F

air

Mar

ket Re

nt*

0$1

33$2

00$2

66$4

00$5

32$6

65$7

98$8

12$8

53$1

,065

$1,3

30$1

,596

$812

1$1

43$2

14$2

85$4

28$5

70$7

12$8

55$9

14$9

14$1

,141

$1,4

25$1

,710

$922

2$1

71$2

57$3

42$5

14$6

84$8

55$1

,026

$1,0

93$1

,099

$1,3

69$1

,710

$2,0

52$1

,093

3$1

98$2

96$3

95$6

58$7

91$9

88$1

,186

$1,2

61$1

,261

$1,5

81$1

,976

$2,3

72$1

,393

4$2

21$3

31$4

41$8

14$8

82$1

,102

$1,3

23$1

,388

$1,3

88$1

,764

$2,2

05$2

,646

$1,6

245

$243

$365

$487

$970

$983

$1,2

16$1

,460

$1,5

12$1

,512

$1,9

46$2

,434

$2,9

21$1

,868

Max

imum

ren

ts w

hen

tena

nts

pay

for

cook

ing

gas

and

othe

r el

ectr

ic (

not h

eat):

Num

ber

ofBe

droo

ms

10

%1

5%

20

%3

0%

40

%5

0%

(Low

HO

ME

Rent

Lim

it)6

0%

Hig

h H

OM

E Re

nt L

imit*

65

%8

0%

10

0%

12

0%

HU

D F

air

Mar

ket Re

nt*

0$8

5$1

52$2

18$3

52$4

84$6

17$7

50$7

64$8

05$1

,017

$1,2

82$1

,548

$764

1$8

3$1

54$2

25$3

68$5

10$6

52$7

95$8

54$8

54$1

,081

$1,3

65$1

,650

$862

2$9

8$1

84$2

69$4

41$6

11$7

82$9

53$1

,020

$1,0

26$1

,296

$1,6

37$1

,979

$1,0

20

3$1

13$2

11$3

10$5

73$7

06$9

03$1

,101

$1,1

76$1

,176

$1,4

96$1

,891

$2,2

87$1

,308

4$1

23$2

33$3

43$7

16$7

84$1

,004

$1,2

25$1

,290

$1,2

90$1

,666

$2,1

07$2

,548

$1,5

26

5$1

33$2

55$3

77$8

60$8

73$1

,106

$1,3

50$1

,402

$1,4

02$1

,836

$2,3

24$2

,811

$1,7

58

0$1

02$1

69$2

35$3

69$5

01$6

34$7

67$7

81$8

22$1

,034

$1,2

99$1

,565

$781

1$9

9$1

70$2

41$3

84$5

26$6

68$8

11$8

70$8

70$1

,097

$1,3

81$1

,666

$878

2$1

15$2

01$2

86$4

58$6

28$7

99$9

70$1

,037

$1,0

43$1

,313

$1,6

54$1

,996

$1,0

37

3$1

30$2

28$3

27$5

90$7

23$9

20$1

,118

$1,1

93$1

,193

$1,5

13$1

,908

$2,3

04$1

,325

4$1

40$2

50$3

60$7

33$8

01$1

,021

$1,2

42$1

,307

$1,3

07$1

,683

$2,1

24$2

,565

$1,5

43

5$1

51$2

73$3

95$8

78$8

91$1

,124

$1,3

68$1

,420

$1,4

20$1

,854

$2,3

42$2

,829

$1,7

76

0$1

01$1

68$2

34$3

68$5

00$6

33$7

66$7

80$8

21$1

,033

$1,2

98$1

,564

$780

1$1

01$1

72$2

43$3

86$5

28$6

70$8

13$8

72$8

72$1

,099

$1,3

83$1

,668

$880

2$1

20$2

06$2

91$4

63$6

33$8

04$9

75$1

,042

$1,0

48$1

,318

$1,6

59$2

,001

$1,0

42

3$1

38$2

36$3

35$5

98$7

31$9

28$1

,126

$1,2

01$1

,201

$1,5

21$1

,916

$2,3

12$1

,333

4$1

52$2

62$3

72$7

45$8

13$1

,033

$1,2

54$1

,319

$1,3

19$1

,695

$2,1

36$2

,577

$1,5

55

5$1

65$2

87$4

09$8

92$9

05$1

,138

$1,3

82$1

,434

$1,4

34$1

,868

$2,3

56$2

,843

$1,7

90

CIT

Y O

F C

HIC

AG

O

MA

XIM

UM

AFF

ORD

ABL

E M

ON

THLY

REN

TS 2

01

5

Single-family Multi-family**Duplex/2-family

Effe

ctiv

e Ju

ne 1

, 201

5P

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

01

5

Max

imum

ren

ts w

hen

tena

nts

pay

for

elec

tric

hea

t, co

okin

g ga

s, a

nd o

ther

ele

ctri

c:

Num

ber

ofBe

droo

ms

10

%1

5%

20

%3

0%

40

%5

0%

(Low

HO

ME

Rent

Lim

it)6

0%

Hig

h H

OM

E Re

nt L

imit*

65

%8

0%

10

0%

12

0%

HU

D F

air

Mar

ket Re

nt*

0$4

2$1

09$1

75$3

09$4

41$5

74$7

07$7

21$7

62$9

74$1

,239

$1,5

05$7

21

1$3

1$1

02$1

73$3

16$4

58$6

00$7

43$8

02$8

02$1

,029

$1,3

13$1

,598

$810

2$3

7$1

23$2

08$3

80$5

50$7

21$8

92$9

59$9

65$1

,235

$1,5

76$1

,918

$959

3$4

3$1

41$2

40$5

03$6

36$8

33$1

,031

$1,1

06$1

,106

$1,4

26$1

,821

$2,2

17$1

,238

4$4

4$1

54$2

64$6

37$7

05$9

25$1

,146

$1,2

11$1

,211

$1,5

87$2

,028

$2,4

69$1

,447

5$4

6$1

68$2

90$7

73$7

86$1

,019

$1,2

63$1

,315

$1,3

15$1

,749

$2,2

37$2

,724

$1,6

71

0$6

3$1

30$1

96$3

30$4

62$5

95$7

28$7

42$7

83$9

95$1

,260

$1,5

26$7

42

1$5

3$1

24$1

95$3

38$4

80$6

22$7

65$8

24$8

24$1

,051

$1,3

35$1

,620

$832

2$6

1$1

47$2

32$4

04$5

74$7

45$9

16$9

83$9

89$1

,259

$1,6

00$1

,942

$983

3$6

8$1

66$2

65$5

28$6

61$8

58$1

,056

$1,1

31$1

,131

$1,4

51$1

,846

$2,2

42$1

,263

4$7

0$1

80$2

90$6

63$7

31$9

51$1

,172

$1,2

37$1

,237

$1,6

13$2

,054

$2,4

95$1

,473

5$7

3$1

95$3

17$8

00$8

13$1

,046

$1,2

90$1

,342

$1,3

42$1

,776

$2,2

64$2

,751

$1,6

98

0$7

9$1

46$2

12$3

46$4

78$6

11$7

44$7

58$7

99$1

,011

$1,2

76$1

,542

$758

1$7

5$1

46$2

17$3

60$5

02$6

44$7

87$8

46$8

46$1

,073

$1,3

57$1

,642

$854

2$8

9$1

75$2

60$4

32$6

02$7

73$9

44$1

,011

$1,0

17$1

,287

$1,6

28$1

,970

$1,0

11

3$1

02$2

00$2

99$5

62$6

95$8

92$1

,090

$1,1

65$1

,165

$1,4

85$1

,880

$2,2

76$1

,297

4$1

12$2

22$3

32$7

05$7

73$9

93$1

,214

$1,2

79$1

,279

$1,6

55$2

,096

$2,5

37$1

,515

5$1

20$2

42$3

64$8

47$8

60$1

,093

$1,3

37$1

,389

$1,3

89$1

,823

$2,3

11$2

,798

$1,7

45

Max

imum

ren

ts w

hen

tena

nts

pay

for

gas

heat

, co

okin

g ga

s, a

nd o

ther

ele

ctri

c:

Num

ber

ofBe

droo

ms

10

%1

5%

20

%3

0%

40

%5

0%

(Low

HO

ME

Rent

Lim

it)6

0%

Hig

h H

OM

E Re

nt L

imit*

65

%8

0%

10

0%

12

0%

HU

D F

air

Mar

ket Re

nt*

0$4

6$1

13$1

79$3

13$4

45$5

78$7

11$7

25$7

66$9

78$1

,243

$1,5

09$7

25

1$3

7$1

08$1

79$3

22$4

64$6

06$7

49$8

08$8

08$1

,035

$1,3

19$1

,604

$816

2$4

5$1

31$2

16$3

88$5

58$7

29$9

00$9

67$9

73$1

,243

$1,5

84$1

,926

$967

3$5

3$1

51$2

50$5

13$6

46$8

43$1

,041

$1,1

16$1

,116

$1,4

36$1

,831

$2,2

27$1

,248

4$5

6$1

66$2

76$6

49$7

17$9

37$1

,158

$1,2

23$1

,223

$1,5

99$2

,040

$2,4

81$1

,459

5$5

9$1

81$3

03$7

86$7

99$1

,032

$1,2

76$1

,328

$1,3

28$1

,762

$2,2

50$2

,737

$1,6

84

0$6

7$1

34$2

00$3

34$4

66$5

99$7

32$7

46$7

87$9

99$1

,264

$1,5

30$7

46

1$5

8$1

29$2

00$3

43$4

85$6

27$7

70$8

29$8

29$1

,056

$1,3

40$1

,625

$837

2$6

8$1

54$2

39$4

11$5

81$7

52$9

23$9

90$9

96$1

,266

$1,6

07$1

,949

$990

3$7

6$1

74$2

73$5

36$6

69$8

66$1

,064

$1,1

39$1

,139

$1,4

59$1

,854

$2,2

50$1

,271

4$8

0$1

90$3

00$6

73$7

41$9

61$1

,182

$1,2

47$1

,247

$1,6

23$2

,064

$2,5

05$1

,483

5$8

5$2

07$3

29$8

12$8

25$1

,058

$1,3

02$1

,354

$1,3

54$1

,788

$2,2

76$2

,763

$1,7

10

0$8

1$1

48$2

14$3

48$4

80$6

13$7

46$7

60$8

01$1

,013

$1,2

78$1

,544

$760

1$7

8$1

49$2

20$3

63$5

05$6

47$7

90$8

49$8

49$1

,076

$1,3

60$1

,645

$857

2$9

3$1

79$2

64$4

36$6

06$7

77$9

48$1

,015

$1,0

21$1

,291

$1,6

32$1

,974

$1,0

15

3$1

07$2

05$3

04$5

67$7

00$8

97$1

,095

$1,1

70$1

,170

$1,4

90$1

,885

$2,2

81$1

,302

4$1

18$2

28$3

38$7

11$7

79$9

99$1

,220

$1,2

85$1

,285

$1,6

61$2

,102

$2,5

43$1

,521

5$1

27$2

49$3

71$8

54$8

67$1

,100

$1,3

44$1

,396

$1,3

96$1

,830

$2,3

18$2

,805

$1,7

52

Duplex/2-familySingle-family Multi-family** Single-family Multi-family**Duplex/2-family

Effe

ctiv

e Ju

ne 1

, 201

5P

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

01

5

Max

imum

ren

ts w

hen

tena

nts

pay

for

elec

tric

coo

king

and

oth

er e

lect

ric

(not

hea

t):

Num

ber

ofBe

droo

ms

10

%1

5%

20

%3

0%

40

%5

0%

(Low

HO

ME

Rent

Lim

it)6

0%

Hig

h H

OM

E Re

nt L

imit*

65

%8

0%

10

0%

12

0%

HU

D F

air

Mar

ket Re

nt*

0$8

2$1

49$2

15$3

49$4

81$6

14$7

47$7

61$8

02$1

,014

$1,2

79$1

,545

$761

1$7

9$1

50$2

21$3

64$5

06$6

48$7

91$8

50$8

50$1

,077

$1,3

61$1

,646

$858

2$9

3$1

79$2

64$4

36$6

06$7

77$9

48$1

,015

$1,0

21$1

,291

$1,6

32$1

,974

$1,0

15

3$1

07$2

05$3

04$5

67$7

00$8

97$1

,095

$1,1

70$1

,170

$1,4

90$1

,885

$2,2

81$1

,302

4$1

16$2

26$3

36$7

09$7

77$9

97$1

,218

$1,2

83$1

,283

$1,6

59$2

,100

$2,5

41$1

,519

5$1

25$2

47$3

69$8

52$8

65$1

,098

$1,3

42$1

,394

$1,3

94$1

,828

$2,3

16$2

,803

$1,7

50

0$9

9$1

66$2

32$3

66$4

98$6

31$7

64$7

78$8

19$1

,031

$1,2

96$1

,562

$778

1$9

5$1

66$2

37$3

80$5

22$6

64$8

07$8

66$8

66$1

,093

$1,3

77$1

,662

$874

2$1

10$1

96$2

81$4

53$6

23$7

94$9

65$1

,032

$1,0

38$1

,308

$1,6

49$1

,991

$1,0

32

3$1

24$2

22$3

21$5

84$7

17$9

14$1

,112

$1,1

87$1

,187

$1,5

07$1

,902

$2,2

98$1

,319

4$1

33$2

43$3

53$7

26$7

94$1

,014

$1,2

35$1

,300

$1,3

00$1

,676

$2,1

17$2

,558

$1,5

36

5$1

43$2

65$3

87$8

70$8

83$1

,116

$1,3

60$1

,412

$1,4

12$1

,846

$2,3

34$2

,821

$1,7

68

0$9

8$1

65$2

31$3

65$4

97$6

30$7

63$7

77$8

18$1

,030

$1,2

95$1

,561

$777

1$9

7$1

68$2

39$3

82$5

24$6

66$8

09$8

68$8

68$1

,095

$1,3

79$1

,664

$876

2$1

15$2

01$2

86$4

58$6

28$7

99$9

70$1

,037

$1,0

43$1

,313

$1,6

54$1

,996

$1,0

37

3$1

32$2

30$3

29$5

92$7

25$9

22$1

,120

$1,1

95$1

,195

$1,5

15$1

,910

$2,3

06$1

,327

4$1

45$2

55$3

65$7

38$8

06$1

,026

$1,2

47$1

,312

$1,3

12$1

,688

$2,1

29$2

,570

$1,5

48

5$1

57$2

79$4

01$8

84$8

97$1

,130

$1,3

74$1

,426

$1,4

26$1

,860

$2,3

48$2

,835

$1,7

82

Max

imum

ren

ts w

hen

tena

nts

pay

only

for

oth

er e

lect

ric:

Num

ber

ofBe

droo

ms

10

%1

5%

20

%3

0%

40

%5

0%

(Low

HO

ME

Rent

Lim

it)6

0%

Hig

h H

OM

E Re

nt L

imit*

65

%8

0%

10

0%

12

0%

HU

D F

air

Mar

ket Re

nt*

0$8

8$1

55$2

21$3

55$4

87$6

20$7

53$7

67$8

08$1

,020

$1,2

85$1

,551

$767

1$8

7$1

58$2

29$3

72$5

14$6

56$7

99$8

58$8

58$1

,085

$1,3

69$1

,654

$866

2$1

03$1

89$2

74$4

46$6

16$7

87$9

58$1

,025

$1,0

31$1

,301

$1,6

42$1

,984

$1,0

25

3$1

19$2

17$3

16$5

79$7

12$9

09$1

,107

$1,1

82$1

,182

$1,5

02$1

,897

$2,2

93$1

,314

4$1

30$2

40$3

50$7

23$7

91$1

,011

$1,2

32$1

,297

$1,2

97$1

,673

$2,1

14$2

,555

$1,5

33

5$1

40$2

62$3

84$8

67$8

80$1

,113

$1,3

57$1

,409

$1,4

09$1

,843

$2,3

31$2

,818

$1,7

65

0$1

05$1

72$2

38$3

72$5

04$6

37$7

70$7

84$8

25$1

,037

$1,3

02$1

,568

$784

1$1

03$1

74$2

45$3

88$5

30$6

72$8

15$8

74$8

74$1

,101

$1,3

85$1

,670

$882

2$1

20$2

06$2

91$4

63$6

33$8

04$9

75$1

,042

$1,0

48$1

,318

$1,6

59$2

,001

$1,0

42

3$1

36$2

34$3

33$5

96$7

29$9

26$1

,124

$1,1

99$1

,199

$1,5

19$1

,914

$2,3

10$1

,331

4$1

47$2

57$3

67$7

40$8

08$1

,028

$1,2

49$1

,314

$1,3

14$1

,690

$2,1

31$2

,572

$1,5

50

5$1

58$2

80$4

02$8

85$8

98$1

,131

$1,3

75$1

,427

$1,4

27$1

,861

$2,3

49$2

,836

$1,7

83

0$1

04$1

71$2

37$3

71$5

03$6

36$7

69$7

83$8

24$1

,036

$1,3

01$1

,567

$783

1$1

05$1

76$2

47$3

90$5

32$6

74$8

17$8

76$8

76$1

,103

$1,3

87$1

,672

$884

2$1

25$2

11$2

96$4

68$6

38$8

09$9

80$1

,047

$1,0

53$1

,323

$1,6

64$2

,006

$1,0

47

3$1

44$2

42$3

41$6

04$7

37$9

34$1

,132

$1,2

07$1

,207

$1,5

27$1

,922

$2,3

18$1

,339

4$1

59$2

69$3

79$7

52$8

20$1

,040

$1,2

61$1

,326

$1,3

26$1

,702

$2,1

43$2

,584

$1,5

62

5$1

72$2

94$4

16$8

99$9

12$1

,145

$1,3

89$1

,441

$1,4

41$1

,875

$2,3

63$2

,850

$1,7

97

Multi-family**Single-family Multi-family** Single-family Duplex/2-familyDuplex/2-family

Effe

ctiv

e Ju

ne 1

, 201

5P

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

01

5

Num

ber

of

Bedr

oom

s

Coo

king

gas

&

othe

r el

ectr

ic

(not

hea

t)

Elec

tric

hea

t, co

okin

g ga

s &

ot

her

elec

tric

Gas

hea

t, co

okin

g ga

s &

ot

her

elec

tric

Elec

tric

coo

king

&

oth

er e

lect

ric

(not

hea

t)

Oth

er e

lect

ric

only

(not

co

okin

g or

hea

t)

0$4

8$9

1$8

7$5

1$4

5

1$6

0$1

12$1

06$6

4$5

6

2$7

3$1

34$1

26$7

8$6

8

3$8

5$1

55$1

45$9

1$7

9

4$9

8$1

77$1

65$1

05$9

1

5$1

10$1

97$1

84$1

18$1

03

0$3

1$7

0$6

6$3

4$2

8

1$4

4$9

0$8

5$4

8$4

0

2$5

6$1

10$1

03$6

1$5

1

3$6

8$1

30$1

22$7

4$6

2

4$8

1$1

51$1

41$8

8$7

4

5$9

2$1

70$1

58$1

00$8

5

0$3

2$5

4$5

2$3

5$2

9

1$4

2$6

8$6

5$4

6$3

8

2$5

1$8

2$7

8$5

6$4

6

3$6

0$9

6$9

1$6

6$5

4

4$6

9$1

09$1

03$7

6$6

2

5$7

8$1

23$1

16$8

6$7

1

** L

ow R

ise

or H

igh

Rise

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, H

igh

HO

ME

Rent

and

Fai

r M

arke

t Ren

t are

pub

lishe

d by

HU

D.

All

othe

r re

nt li

mits

are

cal

cula

ted

assu

min

g 1.

5 oc

cupa

nts

per

bedr

oom

and

1 o

ccup

ant f

or a

n ap

artm

ent w

ith n

o be

droo

ms.

* 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-f

amily

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."

Duplex/2-family

Effe

ctiv

e Ju

ne 1

, 201

5P

age

4 of

4

Reference - 5

full report corrected 2015,4 - chicago · city support will include $2 million in tif funds, a $4.6...

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