Illinois Community Action Development Corporation (ICADC) recently closed on the financing of their new construction family development Prairie Meadows Phase II. Prairie Meadows II is a thirty (30) unit new construction single family development located in Hoopeston, IL. The single-family home development will provide options of two and three-bedroom units. Units will be affordable to […]
Lightengale Group congratulates Galena Park Terrace Board of Directors and Cottingham Property Management Company for completing the successful renovation of Galena Park Terrace. The reopening celebration included a barbeque for residents, lenders and professionals who worked on the transaction along with local singing talent. Audra Hamernik, IHDA’s Executive Director talked with several of the residents […]
Rosenwald Courts Apartments is a 2017 Richard H. Driehaus Foundation Preservation Award winner sponsored by Landmarks Illinois! The Richard H. Driehaus Foundation Preservation Awards is used to inspire others to preserve, protect and promote historic resources. The winners will be recognized on September 16, 2017 at the awards ceremony in Chicago. For more information on […]
GC Housing Development LLC, the development arm of Crane Construction, celebrated the groundbreaking and closing of their first LIHTC development, Anthony Place Yorkville Senior Apartments. Anthony Place will be a 51-unit building for seniors aged 55 and older and includes many amenities and is well located in the heart of Yorkville. Lightengale Group worked with […]
Rosenwald Courts Apartments is a 2017 Affordable Housing Finance Magazine Readers’ Choice Finalist! Rosenwald is 1 of 36 finalists selected from 120 entries that will complete in a total of 10 different categories: Family, Green, Historic Rehab, Mixed-Use, Preservation, Public Housing Redevelopment, Rural, Seniors, Special Needs, and Urban . Rosenwald will compete in the historic […]
BEDS Plus Care, Inc. (Beds) & The Burton Foundation (TBF) are excited to announce the closing and ground breaking for their new development, Ogden Avenue Supportive Housing! On April 21, 2017 BEDS and TBF celebrated the groundbreaking of their newest project, Ogden Avenue Supportive Housing. On June 1, 2017, the developers closed on the project’s […]
Lightengle Group is excited to announce that 6 of its clients received Illinois Housing Development Authority Permanent Supportive Housing funds. Twelve applications were received by IHDA with hopes of funding with eight being approved, salve Lightengale group’s clients will receive funding from multiple IHDA sources. Rogers Park PSH Lester and Rosalie Anixter Center (Anixter) will […]
The Iowa Finance Authority recently announced the winners of the 2017 Tax Credit Round. Twenty-five applications were received for funding with only eleven applicants awarded tax credits. Lightengale Group worked with clients to submit two applications and both are being awarded with 2017 IFA tax credits totaling over $1.25M! Iceberg Development with the help of […]
RCH Development Inc. celebrates its first closing with Lightengale Group. RCH Development closed on Lincoln Park Villas in late February. Lincoln Park Villas is a new construction affordable property for independent seniors of O’Fallon, Illinois, St. Clair County and the surrounding communities. The development will include 72 one- and two-bedroom units for seniors aged 55 […]
Lightengale Group is thrilled to announce its client Hunt Development Group was chosen by the Chicago Housing Authority as the developer for the Cabrini Green redevelopment project Site 1 located on Larrabee and Clybourn in Chicago, dosage IL. The project will bring 482 new construction units to Chicago’s Near North Side and redevelop land that […]