Chicago To launch Historic Affordable Housing Package

Chicago announced a new affordable housing package that will finance 2,400 rental units in two dozen developments across the city. This package is the largest affordable housing project the city has ever approved, worth more than $1 billion in city and federal funds and private money spent on development. “While we’re very excited about the sheer volume of what we’re able to do, it’s also about getting to our mission, which is the equitable distribution of affordable housing across all 77 community areas,” said Marisa Novara, the city’s housing commissioner.

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