The Resurrection Project Bringing Affordable Housing To Vacant Pilsen Lot

The Resurrection Project Bringing Affordable Housing To Vacant Pilsen Lot

PILSEN — A developer has been selected to build the first affordable housing building on one of Pilsen’s largest vacant lots. The Resurrection Project was selected to develop a 76-unit building on a portion of the vacant site at West 18th and South Peoria streets, said Raul Raymundo, CEO of the local nonprofit. It is the first project to kick off as part of an ambitious proposal to bring 432 units to the six-acre lot, a plan approved by the city…

Chicago commits $300M to 15 affordable housing projects, adding over 1,100 units

Chicago Construction News staff writer The Chicago Department of Housing (DOH) announced more than $300 million for 15 affordable housing developments across the city as part of the 2025 Qualified Allocation Plan (QAP). Released every two years, the QAP sets rules for accessing city assistance and federal Low-Income Housing Tax Credits (LIHTC), a crucial funding source for affordable housing development. “Today we take a transformational step fo…