Jun
27

Housing Project Named for Legacy Ready to Become a Legacy

June 27, 2010

A new, affordable rental development in Chicago’s Humboldt Park neighborhood has officially opened its eco-friendly doors.

Rosa Parks Apartments is a 94-unit, eight-building development that was built on long-standing vacant land between Kedzie and Drake Avenues, Huron Street and Franklin Boulevard on the city’s West side.

This Rosa Parks Apartment building will provide housing for low-income families in Humboldt Park.

The project is a mix of two-, three- and six-flats and three- and four-story walk-ups. There are eight one-bedroom, 36 two-bedroom, 45 three-bedroom and five four-bedroom apartments.

The units range in size from 720 to 1,300 square feet with projected rents between $482 and $1,028. The rents are designed for tenants who earn less than 60 percent of the area’s median income.

Eight apartments with long-term rental assistance from the Chicago Low-Income Housing Trust Fund will be provided to very low-income residents.

Developer Bickerdike Redevelopment Corporation used green design and building techniques including solar panels, geothermal heating and cooling, solar water heaters, water conservation devices, energy-efficient appliances, bamboo floors and green roofs.

Bickerdike was presented the 2010 Good Neighbor Award from the Chicago Association of Realtors for the Rosa Parks Apartments project. Its largest building at 649 North Sawyer Avenue won the award in the Residential Multi-Unit New Construction category.

The Rosa Parks Apartments development, which created more than 60 jobs to complete, is a $27.2 million project that was funded in part by $9.8 million from the federal American Recovery and Reinvestment Act and $2.2 million in state funds.

“This project is a perfect example of how federal stimulus dollars are putting people to work in good-paying jobs while also getting families into homes they can afford,” said Governor Pat Quinn.

For more information, call (773) 278-5669.

About The Author

Tracey

Read All Stories By Tracey

Leave a Comment

Copyright © 2008-2017 mRELEVANCE, LLC | Chicago Real Estate News | Chicagoland Real Estate Forum. All rights reserved. Thank you for visiting Chicago Real Estate News Chicagoland Real Estate Forum, Real Estate Listings and Information Provided by MLC Realty, Inc.
Internet Marketing by Marketing RELEVANCE

Equal Housing Opportunity

1819 W Grand Ave | Chicago, IL 60622