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Authorization to extend the Housing Assistance Payments contract with a) Nuestro Hogar Apartments, b) Wrightwood Senior Apartments, c) Englewood Permanent Supportive Housing, and d) 3714 Wrightwood Apartments.
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Development
Address
Community Area
Target Population
Nuestro Hogar Apartments
1314-18 North Karlov Avenue /
4101-03 West Kamerling Avenue
3653-57 West Wabansia Avenue
Humboldt Park
Families
Wrightwood Senior Apartments
2815 West 79th Street
Ashburn
Seniors
Englewood Permanent Supportive Housing
901 West 63rd Street
Englewood
Homeless
3714 Wrightwood Apartments
3714-16 West Wrightwood Avenue
Logan Square
Families
presenter
Presenter: Cheryl Burns, Chief Housing Choice Voucher Officer
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Recommendation
It is recommended that the Board of Commissioners of the Chicago Housing Authority (CHA) authorize the Interim Chief Executive Officer or her designee to extend the 1) Housing Assistance Payments (HAP) contract with a) Nuestro Hogar Apartments, b) Wrightwood Senior Apartments, c) Englewood Permanent Supportive Housing, and d) 3714 Wrightwood Apartments; and 2) execute all other documents as may be necessary or appropriate to implement the foregoing.
The requested action complies in all material respects with applicable CHA Board policies and all applicable federal, state and local laws. Staff have completed all necessary due diligence to support the submission of this initiative.
Property Summary and Estimate Contract
A HAP contract shall be issued for the following Developments utilizing funding from the Housing Choice Voucher (HCV) program:
Development
Owner/Developer
Contract
Type & Term
Total
# Units
PBV
Units
Initial Estimated Contract
Total Estimated Contract
Nuestro Hogar
Humboldt Park Cooperative Limited Partnership
HAP
25 years
31
12
$ 198,216
$ 6,348,918
Wrightwood Senior Apartments
79th Street Limited Partnership
HAP
15 years
85
17
$ 167,100
$ 2,889,730
Englewood Permanent Supportive Housing
901 West 63rd...
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