Tag: Affordable housing

Chicago Affordable Housing Requirements Make Homes Less Affordable

Chicago Affordable Housing Requirements Make Homes Less Affordable
Well, I knew it had to be true. On several occasions I’ve posted on how Chicago’s affordable housing requirements most likely just end up exacerbating the problem, as in this post from 1 1/2 years ago: Chicago’s Affordable Housing Quagmire About To Get Deeper. As I said at that time:   So who pays for... Read more »

Chicago's Affordable Housing Quagmire About To Get Deeper

Chicago's Affordable Housing Quagmire About To Get Deeper
Chicago has a long standing love affair with the notion of “affordable housing” – not CHA built housing but privately developed housing that people below various income limits can afford to buy or rent and are granted access to this housing by the city. But it’s not clear if they really love affordable housing or... Read more »

Bronzeville Finally Getting The Real Estate Development It Needs

Bronzeville Finally Getting The Real Estate Development It Needs
For years I found it peculiar that Bronzeville didn’t get more attention from real estate developers given how close it is to downtown Chicago and how relatively affordable it is. I know that during the real estate bubble a lot of people got badly burned in Bronzeville – both developers and buyers – so I... Read more »
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They Really Did Build Affordable Homes On Chicago's Magnificent Mile

They Really Did Build Affordable Homes On Chicago's Magnificent Mile
Almost 3 weeks ago I posted on Chicagoland Habitat For Humanity’s Raise Your Hand Chicagoland event where they were going to build 13 affordable homes on Chicago’s Magnificent Mile – Pioneer Plaza to be exact. That event was this past weekend from Thursday through Sunday and, although I couldn’t stop by, I did drive by... Read more »