Stonebridge opened its doors! Since closing on the construction financing in 2016, The Burton Foundation and Moon Development have been working together tirelessly to create the 85,346 square foot facility for disabled adults. On April 27th, 2018, Stonebridge of Gurnee officially opened the doors to its Supportive Living Facility (SLF) which contains 120 units, 98 […]
Congratulations are in order for SSOC (South Side Office of Concern) on the closing of their new development! The new permanent housing units will be located in downtown Peoria, IL and will be rehabilitating 202 NE Madison. The Madison Avenue Apartments will include 10 units, a mixture of 8 one bedroom (603 square feet) and […]
Groundbreaking at 206 Chicago Ave. in Oak Park! Congratulations to New Moms, Inc. (NMI) which has started construction on their newest development; New Moms Oak Park. The newest building will provide permanent supportive housing to homeless parents and children, as well as a service center for NMI to continue to transform the lives of these […]
Congratulations MCC Development and Iceberg Development for obtaining the 2018 IFA Tax Credit Award for their proposed Oak Park Muscatine Senior Living facility. The credit was awarded to the development teams on March 14, 2018 at the Iowa Finance Authority Board Meeting. This development is looking to provide much needed housing with affordable rent to […]
Rosenwald Courts wins The Outstanding For-Profit Neighborhood Real Estate Project Award at the 24th Annual Chicago Neighborhood Development Awards! Alderman Pat Dowell received the award on behalf of the development team that over 1,500 people attended. Alderman Dowell cited the importance of the project in helping to revitalize the larger Bronzeville community and her excitement […]
Congratulations are in order for Ogden Avenue Supportive Housing! Doors have officially opened at their new location in La Grange, 9601 W. Ogden Avenue. Since 1988 BEDS Plus has provided housing, food, counseling and job services in order to assist the homeless community in stabilizing their lives. This new housing provides 20 studios for people […]
On February 21, 2018, Wisdom Village of Northlake was awarded the Gale Cincotta Award from the Illinois Housing Development Authority! This award celebrates innovation and excellence in affordable housing in metropolitan Chicago. The award was given at the Affordable Housing Champion Awards ceremony at the Illinois Governor’s conference on Affordable Housing. “We’ve finished the nomination […]
Lincoln Park Community Services broke ground on its new home on January 27th of this year! LPCS’s new offices, Interim Supportive Housing and Permanent Supportive Housing will be located at 1521 N. Sedgwick. LPCS is committed to serving the homeless community in Lincoln Park and has been doing so for the past 30 years. The […]
Construction has begun at Alice Place of Boone! The project, located at 1704 Hawkeye Drive in Boone, Iowa, is the second Alice Place prototype developed by Iceberg Development, this time in partnership with MCC Development. Iceberg and MCC sought out Boone as the community lacks sufficient affordable housing for their senior residents. The City of […]
A new construction, 3-story, 16-unit development located in the northern suburb of Evanston and sponsored by HOW (Housing Opportunities for Women) has closed on financing. Construction is slated to begin in April of 2018. The project, once built, will offer on-site case management, daily living/life training skills, job training, mental/physical health case management as well […]