Plans to construct affordable housing units in the historic Pioneer Arcade building in Humboldt Park can officially move forward. Gov. J.B. Pritzker and the Illinois Housing Development Authority announced the 2024 low-income housing tax credit awardees Tuesday, and the Hispanic Housing Development Corp.’s plan to construct 61 affordable housing units for older adults at the former bowling and billiards hall was one of 16 projects statewide to receive funds. Without the city support needed to receive the low-income housing tax credits, the Hispanic Housing Development Corp.

BING NEWS:
  • City of Spokane to spend $9 million to create or rehab 67 affordable housing units
    More than $5.8 million of the funds provided by the city will come from its affordable housing fund, often referred to as the 1590 Fund in reference to the state law that allowed cities to raise sales ...
    08/26/2024 - 1:00 pm | View Link
  • Historic Grove Arcade hotel proposal sees forward momentum after city board approval
    The city took over ownership of the building in 1997 and then formed the Grove Arcade Public Market Foundation, a nonprofit dedicated to the maintenance and restoration of the historic building. The ...
    08/25/2024 - 10:03 pm | View Link
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