CHICAGO — With the help of federal Low-Income Housing Tax Credits, a building within the 3rd Senate District will be turned into additional affordable housing units, State Senator Mattie Hunter announced.

“The dilapidated and crumbling building at the southeast corner of Western and 63rd will finally be demolished and new housing will take its place,” said Hunter (D-Chicago). “I’m a strong supporter of the creation of additional affordable housing opportunities, not just in my district but across Illinois.”

A total of $23.8 million in federal Low-Income Housing Tax Credits will finance the creation and preservation of 16 affordable housing developments in 10 counties across Illinois. Once completed, the developments will offer 792 affordable units for low- to moderate-income families, seniors and people with disabilities. Southwest Organizing Project in Chicago is among awardees for the development at 6301 S. Western Ave.

“There are still many hurdles to creating housing options for residents most in need,” said Hunter. “I will keep advocating for funding to ensure developments like these continue to go from a dream to reality.”

More information regarding LIHTC can be found here.