DEVELOPER INFO:
Lead Developer: South Suburban PADS (Public Action to Deliver Shelter) is an interfaith program providing shelter and supportive services to homeless individuals and families. By utilizing the strengths of over 265 Faith Communities, over 10,000 adult and student volunteers and a dedicated professional staff, PADS, over the years, has continued its battle against homelessness by providing emergency shelter, health care, a full range of supportive services, interim housing, transitional housing, homeless prevention services and a computerized information system.
Co-Developer: Turnstone Development Corporation is a not-for-profit 501(c)(3) real estate development corporation specializing in the construction and preservation of affordable housing. Since 1998, Turnstone Development has developed over 1,680 affordable housing units leveraging over $257 million in private and public investment capital sources. These sources include Low Income Housing Tax Credit (LIHTC), equity from the Illinois Housing Development Authority (IHDA), American Reinvestment and Recovery Act Stimulus funds (ARRA), traditional banking and lending institutions’ loans and grants from Federal Home Loan Bank (FHLB) and the Department of Commerce and Economic Development (DCEO).
PROJECT INFO:
This award winning five-story elevator building includes 77 apartments, all designed to house formerly homeless individuals and smaller families who seek self-sufficiency. Apartments include Energy Star appliances, air conditioning and high speed Internet access and window treatments. Each residential floor includes a lounge for residents, a laundry room and many security features. The building also has a commercial kitchen where tenants are trained in the culinary industry.
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