JOINT STATEMENT ON LATHROP REPLACEMENT HOUSING FROM CHICAGO HOUSING AUTHORITY (CHA) AND BUSINESS AND PROFESSIONAL PEOPLE FOR THE PUBLIC INTEREST (BPI)

JOINT STATEMENT ON LATHROP REPLACEMENT HOUSING FROM CHICAGO HOUSING AUTHORITY (CHA) AND BUSINESS AND PROFESSIONAL PEOPLE FOR THE PUBLIC INTEREST (BPI)

WASHINGTON, D.C. – (RealEstateRama) — Last February, CHA CEO Eugene Jones, Jr. pledged in writing to replace 525 units of housing at Lathrop Homes by providing new housing units in North Side communities.

Today, CHA and BPI reached an agreement in federal court that will enable CHA to meet its commitment to those 525 units by building 420 family units and 105 senior units. CHA has committed to building an additional 105 units of family housing in North Side neighborhoods for a total of 630 units of housing.

Chicago Housing Authority - CHA

We are pleased that, given the long-standing partnership between BPI and CHA, new, quality affordable housing will be made available to low-income residents on the North Side of Chicago.

Contacts:
Molly Sullivan at CHA
312-786-3344
msullivan (at) thecha (dot) org

Andi Rosen at BPI
312-759-8252
arosen (at) bpichicago (dot) org

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CHA

The Chicago Housing Authority provides homes to more than 50,000 families and individuals, while supporting healthy communities in neighborhoods throughout the city. CHA has utilized the flexibility of the Moving To Work agreement to test innovative, locally-designed strategies that use federal dollars to more efficiently help residents become self-sufficient and to increase housing choices for low-income families. As a result, CHA families are more successful than ever before. In 2000, 15% of work-eligible heads-of-household were employed. Now more than 58% are employed. Also, the annual income of employed heads-of-household has doubled to more than $19,000 a year.

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