{"id":1004123502,"date":"2015-07-17T07:11:31","date_gmt":"2015-07-17T15:11:31","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=355541"},"modified":"2020-05-11T23:10:06","modified_gmt":"2020-05-12T07:10:06","slug":"east-garfield-park-finally-turns-affordable","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/east-garfield-park-finally-turns-affordable\/","title":{"rendered":"East Garfield Park Finally Turns Affordable"},"content":{"rendered":"

By Ioana Neamt, Associate Editor<\/em><\/p>\n

\"Harvest<\/a><\/p>\n

Harvest Homes exterior<\/em><\/p>\n<\/div>\n

A long-awaited affordable housing community is ready to break ground in Chicago\u2019s East Garfield Park neighborhood.<\/p>\n

Representatives of The NHP Foundation<\/a> (NHPF) and of the People\u2019s Community Development Association of Chicago Inc.<\/a> (PCDAC), together with 28th<\/sup> Ward Ald. Jason Ervin and community members, will attend a groundbreaking ceremony for the neighborhood\u2019s newest affordable housing community on July 18.<\/p>\n

Harvest Homes Apartments, a joint venture between PCDAC and NHPF will develop a $12 million, 36-unit multifamily community for low- and moderate-income families in the East Garfield park community on Chicago\u2019s West Side. The Harvest Homes development will be the neighborhood\u2019s first affordable housing community in the last 15 years. The project is supported by the City of Chicago\u2019s Department of Planning and Economic Development, J.P. Morgan Chase, the Chicago Community Loan Fund, NHPF, and the State of Illinois Department of Commerce and Economic Opportunity.<\/p>\n

\u201cWe at The NHP Foundation are very proud to be a part of this significant new development in Chicago and appreciate the contribution of our public and private partners in the project,\u201d said Richard Burns, CEO of NHPF. \u201cNHPF has an expanding and valuable role to play in strengthening the affordable housing field in this country and Harvest Homes Apartments exemplifies our vision for the development and preservation of long-term affordable housing in high cost markets.”<\/p>\n

The brand new community will feature 36 two-, three- and four-bedroom units reserved for families with annual household salaries ranging from $20,000 to $60,000. Construction will break ground this July, with completion scheduled for early 2017.<\/p>\n

Image courtesy of The NHP Foundation<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

A long-awaited affordable housing community is ready to break ground in Chicago’s East Garfield Park neighborhood.<\/p>\n","protected":false},"author":192,"featured_media":1004505717,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21742],"tags":[],"class_list":["post-1004123502","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chicago","category-latest"],"acf":[],"yoast_head":"\nEast Garfield Park Finally Turns Affordable - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/east-garfield-park-finally-turns-affordable\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"East Garfield Park Finally Turns Affordable\" \/>\n<meta property=\"og:description\" content=\"A long-awaited affordable housing community is ready to break ground in Chicago’s East Garfield Park neighborhood.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/east-garfield-park-finally-turns-affordable\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-07-17T15:11:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-12T07:10:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Harvest-Homes-Apartments.jpg?w=1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ioana Neamt\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/east-garfield-park-finally-turns-affordable\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/east-garfield-park-finally-turns-affordable\\\/\"},\"author\":{\"name\":\"Ioana Neamt\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/993af2799cdaf5162633d320cf63ff16\"},\"headline\":\"East Garfield Park Finally Turns Affordable\",\"datePublished\":\"2015-07-17T15:11:31+00:00\",\"dateModified\":\"2020-05-12T07:10:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/east-garfield-park-finally-turns-affordable\\\/\"},\"wordCount\":275,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/east-garfield-park-finally-turns-affordable\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/Harvest-Homes-Apartments.jpg\",\"articleSection\":[\"Chicago\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/east-garfield-park-finally-turns-affordable\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/east-garfield-park-finally-turns-affordable\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/east-garfield-park-finally-turns-affordable\\\/\",\"name\":\"East Garfield Park Finally Turns Affordable - 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