The affordable housing development at 1237 N California Avenue in West Town has received partial funding approval, paving the way for significant improvements in the area. This project, spearheaded by the Hispanic Housing Development Corporation and designed by DesignBridge, aims to provide much-needed affordable housing for working families and seniors. The development, which will replace a vacant lot, promises to bring substantial benefits to the community. Here’s a detailed look at the construction and design plans, specifically tailored to the interests of construction workers.
Chicago Yimby reports that the project’s total cost is estimated at $44 million, with funding coming from various sources:
- Multi-Family Program Funds: $8.7 million
- Senior Construction Loan: $13.3 million
- Senior Permanent Loan: $3.6 million
- IHDA HTF Loan: $2.98 million
- Seller Notes: $190,000
- ComEd Energy Grant: $175,000
- LIHTC Funding: $14.27 million
- Deferred Developer Fee: $775,000
Construction and Design Details
- Residential Lobby: Facing N. California Ave, providing an inviting entrance for residents.
- Community Room: A large space designed for community activities and gatherings.
- Parking: Located at the rear of the building, featuring 21 vehicle spaces, 14 of which are enclosed.
- Facade: The building will feature a unique angled front facade, clad in a mix of red and gray brick.
- Windows: Large windows will be installed to maximize natural light and provide a modern aesthetic.
The construction of this affordable housing development is expected to create numerous job opportunities in various roles:
- General Laborers: Handling tasks such as site preparation, material handling, and basic construction duties.
- Skilled Tradespeople: Specializing in carpentry, masonry, electrical work, and plumbing.
- Project Managers and Engineers: Overseeing the construction process, ensuring compliance with building codes and safety standards.
Beyond immediate job creation, the project will significantly enhance the local infrastructure, supporting economic growth and community engagement by:
- Providing Affordable Housing: Addressing the housing needs of working families and seniors in the area.
- Enhancing Community Facilities: Offering a large community room for events and gatherings, fostering a sense of community.
- Boosting Local Economy: Attracting more residents and potentially stimulating local businesses.
While the specific construction timeline is currently unknown, the developers have already filed for their first permits. The next steps include closing on the remaining funding stack and finalizing all necessary approvals to commence construction.
The development at 1237 N California Avenue represents a significant step forward in providing affordable housing in West Town. For construction workers, this project offers a unique opportunity to engage with innovative construction techniques and sustainable practices, all while contributing to the local community’s development. As the project progresses, it underscores the critical role that construction professionals play in building and preserving essential urban infrastructure.