Skip to main content

Affordable housing nonprofit picks up 682 new units in city and suburbs

June 13, 2019

Nonprofit developer Preservation of Affordable Housing is expanding locally far beyond its tentpole cluster of apartment buildings in Woodlawn.

The Boston-based firm said it is in the process of acquiring 10 buildings with 682 combined apartments on the city’s South and West sides and in suburban Elgin and Harvey. The development firm, known as POAH, is paying about $41 million total for the properties in multiple transactions.

Continued here