Illinois Housing Development Authority Expands Housing Options For Vulnerable Populations
per the IHDA PRESS RELEASE: CHICAGO – The Illinois Housing Development Authority (IHDA) Board of Directors approved $42,251,973 in funding to create or restore 172 units of permanent supportive housing in nine communities across Illinois. Awarded under Round VI of IHDA’s Permanent Supportive Housing (PSH) Development Program, the funding will support the construction or preservation of affordable housing provided in tandem with individualized supportive services designed to help vulnerable households attain stable housing and use it as a platform for health, recovery, and personal growth. The developments will serve individuals and families who are homeless or at risk of homelessness, households headed by persons living with a disability and residents who require supportive services to access and maintain stable housing.
“Everyone deserves equitable access to housing, healthcare and the support networks they need to live successful lives that are integrated in the community,” IHDA Executive Director Kristin Faust said. “Supportive housing is a proven, cost-effective solution that ensures our most vulnerable residents live with stability and autonomy, and this investment will make important headway to provide a wider range of community-based housing options for Illinoisans to choose from.”
Supportive housing combines permanent and accessible housing with supportive services appropriate to the needs and preferences of residents including case management, health services and referrals, and employment resources. IHDA’s PSH Development Program provides funding for the acquisition, new construction, redevelopment or adaptive re-use of supportive housing properties containing no more than 25 units, ensuring a balanced range of supportive housing options in diverse locations and neighborhoods are available to meet the individual housing and service needs and preferences of residents.
Financing for this PSH round was awarded from the Illinois Affordable Housing Trust Fund, the National Housing Trust Fund and the federal HOME Investment Partnerships Program. In addition, Authority-administered rental assistance was committed under the Section 811 Rental Assistance Program and the Long Term Operating Support Program.
More details on the developments approved under this round of the PSH Development Program are below:
Englewood Family Housing (Chicago): Funding will restore a building that was once a residence for survivors of domestic abuse into 13 renovated apartments with services designed to help families achieve better health outcomes.
Ogden Park Apartments (Chicago): Funding will help rehabilitate 25 units of supportive housing in the former St. Brendan’s Parish convent in the West Englewood neighborhood of Chicago. Supportive services will be provided onsite by Trilogy, a nonprofit organization with experience serving persons with special needs.
Lazarus Apartments (Chicago): Funding will help renovate a three-story, 15-unit building that is currently vacant and in need of repair. The renovated building will be reserved entirely for supportive housing populations who will have access to educational opportunities, job readiness programs, and technology access and training.
Morrison Manor (Collinsville): Funds will rehabilitate 22 units of supportive housing in Madison County. Residents will have access to services provided by Chestnut Health Systems and the Veterans Assistance Commission of Madison County. Zion Woods (Deerfield): Funding will help create a new 25-unit development consisting of 13 units of supportive housing and 12 units of affordable workforce housing built on vacant land donated by Zion Evangelical Lutheran Church.
Mustacchi Manor (Matteson): Funds will help create a 16-unit supportive housing development designed to accommodate residents with physical disabilities. Residents will have case management and service coordination available through the Over the Rainbow Association.
Access Health & Housing (Maywood): Funds will support the construction of 20 units in nine new buildings on vacant land acquired from the Village of Maywood and the Cook County Land Bank. The development will serve residents transitioning out of nursing care facilities into community-based housing.
Madison Apartments II (Peoria): Funding will support the construction of 24 new supportive housing units for residents who are at-risk of homelessness. Supportive services will be provided by Phoenix Community Development Services.
Main Street Lofts (West Chicago): Funding will help the construction of a four-story, 24-unit building near transportation, education and recreational amenities. Services will be provided on-site by the Association for Individual Development, a provider of services that address the unique needs of individuals throughout every stage of their lives.
Congratulations to all award recipients, and a special mention to our clients who were awarded this IHDA PSH Round:
About the Illinois Housing Development Authority
IHDA (www.ihda.org) is a self-supporting state agency that finances the creation and the preservation of affordable housing across Illinois. Since its creation in 1967, IHDA has allocated $18 billion and financed approximately 255,000 affordable housing units for residents of Illinois
About Lightengale Group
Lightengale Group (LGG) is an affordable housing real estate financial advisory firm offering services to experienced and non-experienced developers nationally. LGG provides strategic & financial planning for developers by tracking evolving government regulations and funding requirements. With over 100 years combined experience and more than 4,000 units completed, LGG is the industry’s preferred advisory leader.