A private security guard working at the Jefferson Park CTA Terminal, 4917 N. Milwaukee Ave., reportedly returned fire after a group of three people started harassing him and then fired read story
City tax credits denied for senior living project
[adrotate group=”2″]
by BRIAN NADIG
A proposed senior living complex near Milwaukee and Albion avenues did not make the the final cut for the city’s recent application process for low-income housing tax credits.
The Marcheschi Senior Lofts project at 6542-58 N. Milwaukee Ave., which includes the closed Lin’s Chinese Restaurant and a former tire shop, was one of 43 proposals which the city received for its 2019 Qualified Allocation Plan, but it did not move into the second stage of the application process. Eleven projects made the second round, which the city announced last spring.
A spokesman for Alderman Anthony Napolitano (41st) said that a proposal for the project was not submitted to the alderman’s office and that a zoning change would be required, as the site’s existing B3-1 zoning is not conducive for senior living and is intended for low-density development.
The city receives a limited number of federal housing tax credits per year, and the credits play a significant role in the financial feasibility of low-income housing developments.
"Federal tax credits are the heart and soul of the affordable housing community," city Department of Housing commissioner Marisa Novara said in a statement. "This year’s QAP gave clear selection criteria to ensure tax credits go to projects that meet Chicago’s most pressing housing needs."
Details of the senior housing project were not available, and the project’s application, MVAH States Development could not be reached for comment.
No Pop-Ups
Weekly Digital Edition
Read every story. Skip every pop-up.
Get the full weekly edition delivered to your inbox — no interruptions, no waiting. Just local news the way it was meant to be read.
Only $19.50/year — less than 38¢ a week
Subscribe Now
This is just part of today’s coverage. Get the full story - every article, every ad, every page. Subscribe now.
The Latest From Our Community
A man was stabbed in his hand at about 4:50 a.m. Monday, Aug. 10, on a CTA Blue Line train near the Harlem station, 5550 N. Harlem Ave., after a read story
by BRIAN NADIG 45th Ward Democratic Committeeperson Michael Rabbitt and his Dems 45 organization have endorsed Jefferson Park resident S Gronkiewicz-Doran in the ward’s aldermanic race, which will be held read story
by BRIAN NADIG A new business, possibly a daycare, is in the works for the former CVS Pharmacy at the southeast corner of Milwaukee and Lawrence avenues. The pharmacy closed read story
by BRIAN NADIG A possible suspect is in custody after gunfire was reported at or near the Jefferson Park CTA Terminal, 4917 N. Milwaukee Ave., at about 5:20 a.m. Saturday, read story
by BRIAN NADIG A luxury hotel and spa for cats is planned for a vacant one-story office building at 5510 W. Montrose Ave. in the Jefferson-Portage Park area. Local resident read story
Browse by Category
No Pop-Ups
Weekly Digital Edition
Read every story.
Skip every pop-up.
No pop-up ads — ever. Just stories, the way they were meant to be read
Full weekly edition delivered to your inbox every week — no waiting, no missing issues
Support local journalism and help keep our community connected
Only $19.50/year
That's less than 38¢ a week
Purchase Digital Subscription
Paypal
$19.50
/year
You can submit your payment via Paypal with a Credit Card. You DO NOT NEED TO HAVE A PAYPAL ACCOUNT.. Just click the “Paypal Subscribe” button below to iniate your secure payment! You will be directed to a Secure Paypal page in which you can pay with a Paypal account if you have one, or you can select "Pay with Debit or Credit Cardt" option below and process your payment via credit card.
Venmo
$19.50
/year
You can submit payment of $19.50 for a 1 year subscription to Nadig Newspapers' Venmo account using this link. Please include the email address in the comment/note section that you would like the digital subscription sent to.