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Lightfoot Unveils Proposed Affordable Housing Ordinance in Letter to Woodlawn Residents
In February, the City of Chicago announced its plans to develop and preserve affordable housing in the Woodlawn community. One component of the plan would create the Woodlawn Loan fund, to be administered by CIC. This fund would establish a $7 million fund for developers rehabbing homes in Woodlawn.
City nabbing land near Obama Presidential Center
Crain’s Business Chicago recently covered Community Initiatives, Inc. (CII) acquisition of vacant lots in Woodlawn. Jonah Hess, Director of CII, was interviewed for the story. At the request of the City, CII purchased seven vacant lots on East 63rd Street at a bankruptcy auction, for eventual transfer to the City of Chicago to promote its […] Read More