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City wants $39M housing grant

Evanston city staffers will seek City Council approval tonight for a plan to request $39.4 million in federal funds for housing construction and rehabilitation.


Evanston city staffers will seek City Council approval tonight for a plan to request $39.4 million in federal funds for housing construction and rehabilitation.

The program is designed to target two census tracts that have been hard-hit by the foreclosure crisis.

One aspect of the program would purchase and rehabilitate 100 vacant and foreclosed housing units.

The other would construct 97 new housing units in the Mayfair Corridor area along Emerson Street covered by the West Evanston Master Plan.

The city plans to work with a for-profit developer, Brinshore Development, LLC, of Northbrook, to apply for the grant and carry out the project.

The city staff proposal describes Brinshore as “one of the Midwest’s largest and most successful housing development firms in the affordable housing market.”

It says Brinshore has completed more than 40 developments totaling over 4,300 apartments and homes valued at ofer $750 million.

The program would be designed to yield mixed-income housing for both owner-occupants and renters.

About half the rehabbed units would be owned by Brinshore and rented to families at or below 50 percent of area median income.

The west side area targeted for the program is bounded by Church Street on the south, the North Shore channel on the west and north and Green Bay Road, Emerson, and Ashland Avenue on the east. It includes portions of the 2nd and 5th wards

The south Evanston area targeted for the program, part of the 8th Ward, is bounded by Howard Street on the south, Asbury Avenue on the west, Oakton Street on the North and the CTA tracks on the east.

The council will be under pressure to act on the measure tonight, because the deadline for the grant application under the Department of Housing and Urban Development’s Neighborhood Stablisation Program 2 is Wednesday.

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