HUMBOLDT PARK — A developer is one step closer to bringing an all-affordable housing project to the heart of Humboldt Park after receiving a boost in city funding.
Developer Hispanic Housing Corp. has been awarded $7 million in multi-family housing loans and grants to build a nine-story, 64-unit affordable housing project at California Avenue and Division Street.
The allocation — outlined in an ordinance introduced by Mayor Lori Lightfoot — won City Council approval last week.
All of the apartments in the complex will be for households earning at or below 60 percent of the area median income. Roughly half of the units will be Chicago Housing Authority project-based vouchers, city officials said.
The plans also call for more than 3,000 square feet of retail space.
When built, the development will take over a long-vacant empty lot home to a large “Humboldt” mural.
It’s unclear when construction will begin. Hipolito “Paul” Roldán, Hispanic Housing’s president and CEO, didn’t respond to requests for comment Friday.
The site at 1201 N. California Ave. has been up for redevelopment for several years.
Hispanic Housing bought the property for $1.2 million in February 2019, records show.
The local development firm, which manages and develops properties across Chicago, has made headlines in recent years for a string of controversies involving building management.
Three women living in a Hispanic Housing building in Rogers Park died from oppressive heat in May. Building management left the heat on even after residents complained about the temperatures.
Residents of a senior building in Uptown went public in July with complaints of a rodent and cockroach infestation, constant flooding and other building issues. And a 2019 Block Club investigation revealed a Hispanic Housing veterans building in Humboldt Park suffers from a number of issues.
Hispanic Housing was recently under investigation by the Chicago Housing Authority for allegedly removing protesters and local residents who were living in its vacant Humboldt Park buildings.
The California Avenue project was approved by the City Council over the objections of some commissioners who felt the design lacked character, and after some neighbors complained Ald. Roberto Maldonado (26th) didn’t hold a public meeting.
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