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Accelerating Community Renewal - In Woodlawn and Beyond

Preservation of Affordable Housing Chicago's 2016 Progress Report

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While ensuring a continuous supply of market<br />

rate <strong>and</strong> affordable rental housing has been <strong>and</strong><br />

continues to be a top priority for POAH, increasing<br />

opportunities for affordable home ownership is<br />

also a top goal. To accomplish this, POAH has<br />

partnered with the Neighborhood Housing<br />

Services (NHS) <strong>and</strong> the <strong>Community</strong> <strong>In</strong>vestment<br />

Corporation (CIC) to create Renew <strong>Woodlawn</strong>.<br />

Through this partnership CIC acquires <strong>and</strong> NHS<br />

renovates formerly vacant or foreclosed properties<br />

in the area <strong>and</strong> sells them at prices made affordable<br />

through subsidies of up to $75,000. By the end of<br />

2016, Renew <strong>Woodlawn</strong> had a pipeline of 20 more<br />

homeowners <strong>and</strong> properties under contract.<br />

<strong>Community</strong> development would not be “complete”<br />

without also improving the lives of its residents, so<br />

POAH moved to strengthen its service component.<br />

POAH hired its first full-time director of the<br />

<strong>Woodlawn</strong> Resource Center (WRC) which in the<br />

last year helped more than 125 people in the<br />

community find jobs. And there’s a good reason to<br />

believe more opportunities are on the way, thanks<br />

to the approximately $1.5 million the WRC <strong>and</strong><br />

POAH raised in 2016 to exp<strong>and</strong> its employment<br />

network.<br />

<strong>In</strong>spiring Others<br />

POAH’s developments are not only bringing about<br />

much needed change, they’ve also attracted other<br />

investors whose projects are proof of <strong>Woodlawn</strong>’s<br />

ongoing revitalization. Those inspired by<br />

<strong>Woodlawn</strong>’s renewal include:<br />

• KMW Communities: Obtained approval<br />

from the City Council for its plans for 25<br />

new single-family homes, townhouses <strong>and</strong><br />

condominiums between the 6100 <strong>and</strong><br />

6200 blocks of Greenwood Avenue<br />

• Greenline Development: Moving ahead<br />

with plans for building seven new<br />

single-family homes on Marquette Road<br />

<strong>and</strong> Dorchester Avenue, <strong>and</strong> nine<br />

single-family homes at 61 st <strong>and</strong> South<br />

Ellis Avenue<br />

4

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