December 20, 2017
The Trianon Lofts (pictured) in Woodlawn is open for leasing and residents have begun to move in. This is the first market rate housing construction in the neighborhood in over forty years. The building offers half of it’s units at market rate and the other half are available on an affordable housing plan.
Stories this photo appears in:
New Market Rate Housing Construction Begins Leasing in Woodlawn
“We are trying to simultaneously do two things. We are trying to create and preserve as much of the affordable housing that exists in Woodlawn as possible, while at the same time trying to help develop a market for market rate housing,” said William Eager, Vice President of the Preservation of Affordable Housing, Inc. (POAH) for the Chicago Area.