Project Funding Sources
Unique Project Elements
The land seller agreed to sell the property (previously a two flat and parking lot) at a significant discount. This qualified the sale to obtain Illinois Affordable Housing Tax Credits, an important source to encourage the advantageous sale.
Over The Rainbow (OTR) was attracted to DesPlaines as it had many services and amenities near downtown, including a train station, library and other government services, and many retail services, all of which are fully accessible. OTR, in partnership with their architect Dennis Langley, diligently worked with the city staff, the land owner, and nearby residents to create a modern accessible 4-story building that both blends in and adds vibrancy to the neighborhood.
The newly constructed 33 one bedroom units are fully accessible with in-unit features that exceed FHAA requirements. The building includes on-site laundry, community and computer rooms for the residents. OTR supports its residents to maintain their independence.