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POAH expands Chicago affordable housing presence with Bridgeport, Uptown acquisitions

August 4, 2020

Archer Ave Exterior

Preservation of Affordable Housing (POAH) is extending its reach in the Chicago market by acquiring five more affordable properties with 247 rental apartments from the Chicago Community Development Corporation (CCDC) in Chicago’s fast-appreciating Uptown and Bridgeport neighborhoods.

In Uptown, POAH acquired four properties that provide 192 apartments in 11 buildings for individuals and families. Voice of the People in Uptown, a long-standing community organization and neighborhood anchor that initially developed the properties, will continue to be a co-owner with POAH in the properties. As part of that partnership, Voice will also provide resident and community engagement services. Continued here