Affordable housing plan in Lincoln Square cleared for passage

by David Roeder / Chicago Sun-Times / November 29, 2022

The project will offer lower-cost housing in a wealthy area while preserving some public parking for nearby businesses.

Alderpersons on Tuesday cleared for final approval a housing development in Lincoln Square that for three years has drawn heated debate over affordable housing and parking for neighborhood businesses.

The City Council’s zoning committee endorsed the plan for 63 units at 4715 N. Western Ave., property that’s now a city-owned parking lot near a CTA Brown Line station. All apartments would be offered at affordable rents as defined by city ordinance. Advocates hope nonprofit developer The Community Builders will provide lower-cost housing in a popular area where prices have skyrocketed.

The six-story building also will include 36 parking spaces, half for tenants and half for public use. The idea is to replace some public parking in the city lot, a key demand of area businesses. Read more HERE