Rosenwald Courts funding package approved

Posted on October 16th, 2013 by

The rehabilitation of the Michigan Boulevard Garden Apartments moved one step closer to reality on Friday. The package of grants, tax-free bonds, tax credits and TIF funds proposed by Chicago Mayor Rahm Emanuel in September to help finance the construction of over 200 affordable apartments was approved at the Finance Committee meeting on October 11th. 3rd Ward Alderman Pat Dowell posted a press release on the front page of her website, which you can read here.

It’s great to see this project finally coming together. Stay tuned to this blog for more updates.