DEVELOPER INFO:
Lead Developer: 3 Diamond Development (3DD) offers high-quality apartment homes with specially designed amenities to meet the needs of the senior community. Since its creation in 2008, 3DD has been committed to developing first class living environments for senior citizens. 3DD’s portfolio includes 7 senior affordable developments in Illinois, Iowa, and Missouri; including more than 400 units. This was 3DD’s first rental housing project and the first of many that Lightengale Group worked with 3DD to bring to a successful completion.
Co-Developer: NHS is a nonprofit neighborhood revitalization organization committed to helping homeowners and strengthening neighborhoods throughout Chicago, South Suburban Cook County & Elgin. Their mission is to create opportunities for people to live in affordable homes, improve their lives, and strengthen their neighborhoods.
PROJECT INFO:
Wrightwood Senior apartments is 3 Diamond’s first LIHTC development. The project is located in Chicago’s Wrightwood neighborhood. 3DD carefully selected this site and worked closely with the alderman and community to serve an area lacking quality affordable senior housing.
Wrightwood Senior Apartments was awarded LIHTCs from IHDA in 2008, closed on financing and began construction in August 2009, and finished two months ahead of schedule and reached 100% occupancy by December 2010. The building maintains 100% occupancy.
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Lightengale’s Role:
Photo Credit: Wrightwood Senior Apartments
