The Illinois Housing Development Authority (IHDA) Board announced the conditional award of more than $55.7 million in state and federal resources that will finance the creation or preservation of permanent supportive housing across the state. Awarded under Round VIII of IHDA’s Permanent Supportive Housing Development Program, the awards will support the construction and rehabilitation of 10 developments containing 259 units of affordable housing for persons at risk of homelessness, residents with physical challenges or mental health needs, and other vulnerable populations. To further support the success of residents over the long term, the housing will be integrated with flexible supportive services designed to help these households maintain their housing stability, health, and independence. Developments funded by the program serve individuals and families who are homeless or at risk of homelessness, persons with disabilities, veterans, and other residents who face barriers to stable housing. A few of the developments approved under Round VIII of the Permanent Supportive Housing Development Program include:

The Covent (Chicago): The rehabilitation of the former Covent Hotel, a former single-room occupancy hotel originally built in 1904 in the Lincoln Park neighborhood. Work includes merging and upgrading the 64 single room occupancy (SRO) units to create 30 studio apartments with private kitchens and bathrooms while enhancing the building’s common areas. The project is developed by the NHP Foundation with services provided by Renaissance Social Services.

ReVive Center Cressey House (Chicago): A rehabilitation project led by the ReVive Center to renovate and preserve 28 units of supportive housing. All 28 units will be upgraded with new appliances and finishes while the building’s mechanical systems and common areas are replaced and modernized.

For more information, visit www.ihda.org.