Evanston aldermen Monday are scheduled to act on two requests for forgivable loans from federal grant funds for low-income housing projects.
Housing Options for the Mentally Ill is seeking $468,777 to rehab 10 units in its portfolio of scattered site rental properties in Evanston.
And a new player on the subsidized housing scene in Evanston, Community Partners for Affordable Housing, is seeking $277,685 to purchase and rehab a foreclosed two-unit building with three-bedroom units for affordable rental housing.
Under federal guidelines, city officials say in a memo to aldermen, the city needs to commit $1.1 million of federal HOME funds to new projects by August. Combined, the two projects up for review Monday would meet about two-thirds of that goal.
Highland Park-based CPAH has worked on several projects in Highland Park and Lake Forest and elsewhere in Lake County and has recommendations from officials with those local governments.
CPAH plans to acquire a property through a short-sale or foreclosure once the plan is approved by the city. The proposal says that, to spread affordable housing across different neighborhoods, the new property would not be in either of the two census tracts targeted by the city’s $18 million federal Neighborhood Stabilization Program grant.
CPAH is approved by the federal government as a Community Housing Development Organization and operates under the community land trust model. A city staff memo says it is in the process of replacing the original land trust group in Evanston, the Citizens Lighthouse Community Land Trust, and absorbing CLCLT’s one Evanston property.
CLCLT was plagued with cost overruns on its project which required additional infusions of government funds, but officials from the other communities where CPAP has worked say it has avoided cost overruns and has reserves to deal with them if they should occur.
The loan to Housing Options would pay for entry-intercom system replacement, minor kitchen remodeling, furnaces, windows, and a porch replacement. Buildings to be upgraded are located at 2120 Jackson Ave, 1009 Florence Ave. and 419 Keeney St.
Housing Options owns six buildings in Evanston and has operated in the city since 1992.
It serves clients who generally have incomes from 30 to 50 percent of average median income and provides a variety of integrated support services designed to help participants keep their housing.
Those may include comprehensive case management, mental health therapy, psychiatric support, primary care coordination and vocational services.
Top: The property at 2120 Jackson Ave., one of those to be rehabbed under the proposed loan to Housing Options.