A $5.9 million dollar gift! For "the acquisition and rehabilitation of four buildings containing a total of 30 units of affordable multi-family rental units." These units are located at
- 4509 N. Hazel Street/852 W. Sunnyside Avenue
- 4426 N. Magnolia Avenue
- 912-14 W. Montrose Avenue
- 4813 N. Winthrop Avenue.
- 4416-26 N. Clifton
- 4416-22 N. Magnolia
- 900 W. Windsor Avenue
- 4431 N. Clifton Avenue
- 927 W. Wilson Avenue
Our favorite line from the report: "These four properties ... are among the few remaining low-income family rental properties in the Uptown community." Read about it here, here, and here.
And the empty storefronts at Wilson Yard stare back at us. The "crusty" Wilson Red Line stop gets uglier and more neglected every day, and the measly $3 million Helen has allotted to it from the TIF won't help much, even if the work ever does get started.
Helen's apparently given up even the pretense that every penny we're putting into the Wilson Yard TIF will be for anything except affordable housing. Historic preservation? Eliminating blight? Incentives to get businesses to come to Uptown? Feh. More affordable housing, and fewer properties on the tax rolls, that's what Uptown needs to put it back on the track to being economically healthy!
Can it be May 16th yet? Please? We're sure Voice of the People will be wearing black armbands that day as their bestie and benefactor, Helen Shiller, leaves office.