Westchester
REAL ESTATE
Expanding Housing Access and Strengthening Communities: FHLBank Chicago Launches Impact Report
CHICAGO--(BUSINESS WIRE)--Jun 18, 2024-- The Federal Home Loan Bank of Chicago (FHLBank Chicago) released its 2023 Impact Report: Investing in Opportunities today, providing a comprehensive look at the Bank’s support for its financial institution members and their communities across Illinois and Wisconsin throughout last year. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240618816016/en/ “Our achievements reflect our steadfast commitment to our members and their communities,” said Michael Ericson, President and CEO of FHLBank Chicago. “Our core mission of providing member liquidity and promoting affordable housing access and community development is evident. We look forward to investing in opportunities to grow and enhance our housing and community development impact for many years to come.”
Lake Shore Drive welcomes new, affordable residential complex
CHICAGO - Related Midwest broke ground on a new residential complex on Lake Shore Drive on Monday. The complex, located on 400 Lake Shore Drive, will provide over 100 units of affordable housing for Chicago's Streeterville neighborhood. The building is projected to be 72-stories and will have over 600 rental...
Famous Wrigley Field Rooftops, Including Torco And Eamus Catuli Buildings, Could Be Torn Down
WRIGLEYVILLE — The owners of three iconic, century-old buildings across from Wrigley Field’s right field bleachers on Sheffield Avenue are proposing to tear them down and replace them with one 29-unit apartment building. Meanwhile, some neighbors in the area are pushing back against the project due to the...
Developers break ground at site of failed Chicago Spire project
The hole at 400 Lake Shore Drive at the site of the failed Chicago Spire project is in the process of being filled. A 72-story residential building will go up in its place. "It has been a very, very long time," Don Biernacki, the executive vice president of Related Midwest, quipped. "But when you have a vision for great development, great architecture and great projects that are going to be meaningful to our great city, it takes a while for that to come to fruition."
Chicago Politics: Housing Equity
Housing is a fundamental human right that is essential for the well-being and dignity of all individuals. However, for many Black and Latino communities in Chicago, this basic right is often out of reach due to systemic inequalities and discrimination. As a result, many families are forced to live in substandard housing conditions or face homelessness.
New West Loop High-Rises Would Bring More Than 600 Apartments, Grocery Store To Area
WEST LOOP — Two residential high-rises could be coming to the West Loop, bringing over 600 new apartments to the booming neighborhood. The project is being proposed by LG Development, which was approved for a 29-story high-rise with 486 units in 2021. Now, the company wants to pursue a two-phased project with a 25-story building with 287 units at 170 N. May St. and a 38-story tower with 380 units at 175 N. Racine Ave.
Skokie’s first Black resident recalls real estate agent wouldn’t sell to him in 1961
When David Jones attempted to buy his first house in 1961 on Kildare Avenue in Skokie, he said he realized that the real estate agent had given him the wrong key to visit the home he was interested in. At first, Jones thought it was an innocent mistake. “It never occurred to me that he might have done it on purpose,” said Jones, who is Black, of his white real estate agent. “I mean, he had a ...
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