Skip to contents

Preservation of Affordable Housing

Preservation of Affordable Housing
Preservation of Affordable Housing

A $30 Million Grant In Woodlawn Led To $400 Million In Investment, Revitalizing Neighborhood, Study Finds

Nonprofit developer Preservation of Affordable Housing used the $30.5 million grant to boost housing and amenities, sending Woodlawn on an "upswing." But more work needs to be done, local leaders said.

Hyde Park, Woodlawn, South Shore

Woodlawn’s Island Terrace Apartments Will Stay Affordable Under New Owners — Even If Housing Prices Rise Near Obama Center Site

Preservation of Affordable Housing aims to make all 240 apartments affordable to renters making 30-80 percent of the area median income, or about $28,000-$75,000 for a family of four.

Hyde Park, Woodlawn, South Shore

Uptown’s Voice Of The People Marks 50 Years Of Fighting Gentrification With Virtual Concert, Fundraiser

The affordable housing nonprofit will host a virtual concert and fundraiser Thursday.

Uptown, Edgewater, Rogers Park

Closed South Chicago YMCA Set For Revival With $26 Million Renovation Of Senior Apartments, Community Center

"This was really a hub of activity in the heart of South Chicago until the YMCA closed," the developer said.

South Chicago, East Side