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
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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.