Funding announced for 14 supportive housing developments

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Chicago Construction News staff writer

The Illinois Housing Development Authority (IHDA) has announced more than $123 million in state and federal funding for the construction or rehabilitation of 14 developments containing 392 units of affordable housing.

“Everyone deserves a safe and stable place to call home,” said Gov. JB Pritzker. “That’s why Illinois is making historic investments in homelessness prevention and housing services. By financing 14 supportive housing developments statewide, we are strengthening our permanent housing infrastructure to help vulnerable communities access the holistic resources they need.”

The permanent supportive housing development program was created to increase community-based housing for vulnerable populations and those leaving institutional settings.

Developments funded through the program serve individuals and families who are homeless or at risk of homelessness, persons with disabilities, veterans, justice-involved individuals, frequent utilizers of emergency rooms, and other populations who face hurdles in finding and maintaining stable housing.\

“We did not view this as a challenge, but an opportunity to do our part to increase housing for some of Illinois’ most vulnerable,” said IHDA Executive Director Kristin Faust. “With limited resources, we strategically leveraged various funding streams to award the single largest permanent supportive housing round in our history.

“These developments will be transformative for the residents by providing stable, affordable housing with support and additional resources for growth and independence.

Applications were scored based on five priorities:

  • Addressing inequities in housing
  • Advancing access for priority populations
  • Utilizing affordable housing infrastructure to promote access
  • Maximizing impact of new resources and programming by building partnerships and leadership capacity
  • Achieving functional zero for Illinois/accelerating development of PSH units
  • “Phoenix Manor will transform the former Methodist College of Nursing building into 55 units of support housing for individuals experiencing homelessness,” said Assistant Majority Leader David Koehler (D-Peoria). “This development will bridge the gap between healthcare and affordable housing to reduce costs and improve the health of tenants with chronic illnesses. I applaud Phoenix Community Development Services and all those working to end homelessness.”

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