Evergreen Towers II

Type:

Multi-Family Rental

Status:

Construction Complete – Placed in Service 1999

Budget:

$12,500,000+

Financial Sources:

Low Income Housing Tax Credits / Chase Bank
Home Funds
FHA First Mortgage


Evergreen Towers II consists of 101 units of senior housing located just north of the Cabrini Green Housing Complex. This project was financed primarily with low-income housing tax credits and HOME Funds issued through the Chicago Department of Housing. Design features include an all masonry exterior, private balconies, 20% accessible units, and central heating and air conditioning. This building serves both market rate residents as well as those at 50-60% of the Area Median Income.