City Council Passes Ordinance to Support the Redevelopment of 180 Units of Senior Housing at North Park Village Apartments
Rehabilitation of the North Park Village Apartments will be partly funded by an ordinance approved today by City Council.
The ordinance provides $3,000,000 in reservation of donation tax credits (IAHTCs); issuance of $3,815,000 in multi-family loans; and a 99-year ground lease of Cityowned parcel (“Building H”) with EHDOC North Park Village Charitable Corporation which would be sold to Elderly Housing Development & Operations Corporation (EHDOC) with EHDOC Development Services, LLC as the developer.
Elderly Housing Development and Operations Corporation (EHDOC) will rehabilitate 180 units of senior affordable housing at North Park Village Apartments, Building H. The project is located on a portion of the historic Chicago Municipal Tuberculosis Sanitarium campus, which was built in 1911. The overall campus is in the process of being designated as a Chicago Landmark as well as a designated Historic District by the National Park Service.
The scope of work will include updating bathrooms and kitchens, adding Energy Star appliances, vinyl flooring, a new Wi-Fi system, new wireless emergency call system, updated fixtures, doors and lighting, upgraded roof insulation, a new HVAC system, repairs to damaged ceilings, and renovated elevator cabs. The exterior scope of work will include cleaning and tuckpointing brick and masonry, flat roof replacement, damaged window replacement, soffits, gutters, and downspout replacement, reworked concrete crosswalks and ADA accessible parking spaces.
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