2023 Chicago Housing Authority (CHA) Impact Report - Report - Page 46
Goal 1: House More People
SPOTLIGHT
SPOTLIGHT
Restore Home
In late 2023, CHA announced its new “Restore Home” initiative.
Under Restore Home, CHA will invest up to $50 million to renovate
and rehabilitate approximately 36 vacant small and medium-sized
apartment buildings, bringing more than 175 apartments back
into leasable condition. CHA will also renovate approximately
40 vacant single-family homes and make them available for
affordable homeownership opportunities.
More Housing at Lathrop
In 2024, Lathrop Community Partners (Related Midwest,
Bickerdike) will break ground on Phase 1C of the historic
Lathrop redevelopment project. This next phase will
add 309 new and renovated mixed-income apartments
to the campus located south of Diversey Avenue. The
redevelopment activities will address all remaining
vacant buildings on the Lathrop campus. The project is
expected to be complete in 2026.
“We are now months away from launching the next
major phase of Lathrop’s redevelopment,” said CHA CEO
Tracey Scott. “It is exciting knowing that our vision for a
new Lathrop – a vibrant and sustainable mixed-income,
mixed-use community where all families can thrive – is
now at hand.”
As part of Phase 1C, Lathrop Community Partners will
rehabilitate seven existing historic buildings on the site,
including rowhomes. Three existing buildings will be
demolished to add a new construction elevator building
with accessible units, additional parking and open space.
The exterior of the “Powerhouse” building will also
be renovated.
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“Since 2022, CHA has been assessing vacant properties in our small
and medium-sized portfolio. We’ve identified funding and created
an approach. The pieces are in place for this major undertaking
to begin,” said CHA CEO Tracey Scott. “Over the next twelve
to eighteen months, our staff and Section 3 contractors will be
laser focused on restoring these apartments and getting families
into homes. This is another way we are achieving our mission of
preserving and creating more housing.”
