![]() With this rental assistance, families who live in Logan Square - and who love Logan Square - can remain in this community for years to come,” said CHA CEO Tracey Scott. Thanks to CHA’s funding support, 55 of the 89 families in these new buildings will have the security of long-term housing stability. “CHA is proud to be a key partner in Encuentro Square, a project that demonstrates what can be accomplished when stakeholders from the public and private sectors join together to ensure affordable housing in rapidly gentrifying communities like Logan Square. With displacement pressure mounting in the area, the project site was acquired by the Trust for Public Land during the planning and construction of the 606 Trail, and then acquired by the City in 2019, with the requirement that the formerly industrial property be redeveloped as affordable housing and public parkland. “Encuentro Square puts a stake in the ground in a highly visible location that confirms the City’s commitment to these 89 households being able to call Logan Square home.” “Gentrification pressure in the Logan Square community has resulted in a significant reduction in naturally occurring affordable housing stock for the area, leading to changes in demographics that have accelerated over the past decade with the development of the 606 Trail,” said DOH Acting Commissioner Jim R. It is immediately adjacent to the western terminus of the 606 Trail and linear park, taking advantage of nearby public spaces. The development’s site is in Chicago’s Logan Square community, at its southwestern border with the Hermosa and Humboldt Park neighborhoods. 55 units will benefit from long-term project-based rental assistance administered by the CHA, of which 44 are family sized units. Community support services will also be available to tenants, including home-based head start in partnership with the Children’s Place Association, as well as financial training and counseling.ħ0 of the 89 total units are family-sized units (two-bedrooms or larger). The development will provide 89 affordable units for those with incomes at or below 60% of the Chicago Area Median Income (AMI).Įncuentro’s amenities will include a community services lobby and community room, a teaching kitchen, on-site management offices, bike storage, a children’s room, and lounge and courtyard. Ridgeway Avenue, at the western edge of the 606 Trail. The Department of Housing (DOH), the Department of Planning and Development (DPD), and the Chicago Housing Authority (CHA) have closed on Encuentro Square, a two-building, multi-family development at 3759 W.
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