Portfolio of Properties
2019-20 During fiscal year 2019, Voice has embarked on an ambitious effort to stabilize the organization’s finances; renovate three Voice-owned properties (see below); relaunch tenant organizing and support services with comprehensive Resident Opportunity Services, initiate research and feasibility on property owner assistance services; and, raise Voice of the People’s profile via programming, community collaborations and establishment of new offices centrally located in Uptown. BMO Harris Bank has been our historical lender/supporter and Community Investment Corporation (CIC) is envisioned as a major new partner in redevelopment efforts.
March 2012 We closed on the most recent partnership development project, Hazel Winthrop Apartments-a scattered site with three 6-flats and a 12 unit corner building totaling 30 units of spacious Section 8 housing (See video below). Chicago Community Development Corporation (CCDC), headed by Tony Fusco, has been Voice of the People’s lead partner on this development and others completed since 2007.
August 2010 We closed on our third preservation project, Clifton Magnolia Apartments which includes two vintage courtyard bulidings with 59 units of family housing featuring ‘green’ solutions with solar water heaters, energy efficient replacement windows, appliances, new roofs and boiler systems.
August 2008 Sunnyside Kenmore Apartments (SKA) a 26-unit two corridor buildings that received a significant facelift.
March 2007 Uptown Preservation Apts (UPA) a 77-unit originally comprised of three troubled properties with expired tax credits and part of a disposition program of the extinct syndicator Chicago Equity Fund and received a complete rehab.
July 1993 Voice of the People developed and constructed 28 town homes for low- and moderate-income families to purchase. This new community became known as International Homes.
August 1992 Lakeview Towers Preservation Corporation (LTPC), a not-for-profit entity formed by Voice of the People, became the owners of Lakeview Towers at 4550 N. Clarendon Avenue. LTPC purchased Lakeview Towers to ensure that the properties 500 units would remain affordable for current and future tenants.
|PORTFOLIO SUMMARY – 14 buildings / 214 UNITS|
|VOICE OWNED AND MANAGED PROPERTIES|
|4409-11 N. Racine — Voice Preservation Project 2019-20||8 units|
|4861-63 N. Kenmore — Voice Preservation Project 2019-20||6 units|
|4927-29 N. Kenmore — Voice Preservation Project 2019-20||8 units|
|Total = 3 Buildings / 22 Units|
|SPONSORED DEVELOPMENTS WITH PARTNERS|
|Clifton Magnolia Apartments
4416-26 N. Clifton (35 u.s)
4416-22 N. Magnolia (24 u.s)
912 W. Montrose Avenue (6 u.s)
4426 N. Magnolia Avenue (6 u.)
4813 N. Winthrop Avenue (6 u.s)
852-54 W. Sunnyside/4509-11 N. Hazel (12 u.s)
|Sunnyside Kenmore Apartments
4130 N. Kenmore (14 u.s)
847-49 W. Sunnyside (12 u.s)
|Uptown Preservation Apartments
4431-41 N. Clifton Avenue (18 u.s)
900-02 W. Windsor/4534-40 N. Hazel (18 u.s)
927 W. Wilson Avenue (41 u.s)
|Total = 11 Buildings / 192 Units|