2023 Chicago Housing Authority (CHA) Impact Report - Report - Page 13
990
358
463
$696
DEVELOPMENT SPOTLIGHT
TOTAL APARTMENTS
CHA APARTMENTS
OTHER AFFORDABLE
APARTMENTS
MILLION
TOTAL INVESTMENT
Encuentro Square
In August, CHA joined partners, including Evergreen Real Estate
and the City of Chicago, for the groundbreaking of Encuentro
Square, an 89-apartment development anchoring the 606 Trail in
Logan Square. CHA is providing Project-Based Vouchers for 55 of
the apartments, an investment of more than $20 million. Notably,
almost all the apartments will be family-sized, with two or more
bedrooms. The project is expected to be complete by the end of
2024.
“Encuentro Square demonstrates what can be accomplished when
public and private sector stakeholders join together to ensure
affordable housing in a rapidly gentrifying community like Logan
Square. Thanks to CHA’s funding support, 55 of the 89 families in
these new buildings will have the security of long-term housing
stability. With this rental assistance, families who live in Logan
Square -- and who love Logan Square -- can remain in this thriving
community for years to come,” said CHA CEO Tracey Scott.
* 19 CHA apartments were also delivered in 2023 and are reflected in the total unit
count on page 11.
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