City allocates $75 million in bond funds to market rate housing initiative on South and West sides

  • Posted on October 1, 2024
  • By Chicago Tribune
  • 3 Views
City allocates $75 million in bond funds to market rate housing initiative on South and West sides

The program will start with 44 vacant city-owned lots being offered to developers to purchase for $1 each. The lots have assessed values ranging from around $4,000 to nearly $50,000.
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Chicago Tribune

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