3557 W Lawrence

Albany Park

This proposed development will create 42 new affordable apartments targeting families at 15% AMI, 30% AMI, and 60% AMI income levels and 8 unrestricted “workforce” units of housing targeted to families at 80% AMI within a neighborhood of dwindling housing stock. 16 of the units will be supported by MAUI rental subsidies and will serve the 15% and 30% AMI income levels, and will specifically target the families that are doubling up in the existing neighborhood housing stock in an effort to help address this identified form of homelessness. The property is located steps away from the Brown Line, bus routes, and walking distance to schools and shopping. The building’s first floor commercial space will be occupied by the nonprofit organization Concordia Place, which will provide high quality free or low-cost childcare for our working residents that have children.

Supported

• Application type: Planned Development (PD)

• Current zoning: B3-2

• Requested zoning: B3-3

• Number: 50

• Mix: (12)1br1bath 687 sqft; (33)2br1bath 973 sqft; (5)3br2bath 1358 sqft

• Is it affordable? Yes

• % of affordable units: 80%

• AMI or ARO: 15%/30%/60% AMI

• Subsidies? Chicago Low Income Housing Trust Fund (MAUI, Rental Support Program)

• Floors/height: 6 stories, 65 feet tall

• Building size (sq ft): 16,651 square feet

Number of car spaces: 13

Number of bike spaces: 50

• Modern Affordable Housing

• Green Roof: 50%

• Permeable Pavers

• Enterprise Green Communities Certification