NHPF Builds Chicago

Harvest Homes Apartments 3514-46 W. Fifth Avenue, Chicago, IL 60624 / 36 units

NHPF partnered with People’s Community Development Association of Chicago, Inc., a community-based not- for-profit organization, as co-general partners and co- developers on the construction of 36 new 100% affordable family units in Chicago’s East Garfield Park neighborhood. The project is the largest new residential construction in the neighborhood in the last 15 years. The location is one half block from Garfield Park and close to the well known Garfield Park Conservatory.

The property is just north of the Eisenhower Expressway (Interstate 290), connecting residents with job centers in the western suburbs and Downtown Chicago. It is just five miles from Chicago’s Loop, with excellent east/west and north/south bus service within two blocks. The Illinois Medical District, another important job generator, is just 2.5 miles east of Harvest Homes. A stop for the Chicago ‘L’s blue line that provides service to the Loop and O’Hare Airport is a about a 15 minute walk from Harvest Homes. Harvest Homes went through the City’s Planned Unit Development process as some of the buildings sit on lots that had been zoned for commercial use. As a redevelopment of sites that had once been fully developed, and later razed, the project involved extensive environmental remediation and going through the state environmental protection agency’s process for obtaining a No Further Remediation Letter.

Hotel Covent 2653 N. Clark Street, Chicago, IL 60614 / 64 units

Constructed in 1906 and originally attached to a 2000+ seat historic theatre, The Hotel Covent is located in the Lincoln Park neighborhood of Chicago. The 3-story property functions as an SRO (single resident occupancy) hotel. It consists of 64 hotel rooms (also known as units) with sinks and closets. Residents have access to two large shared bathrooms. The property also comprises seven retail stores and an 18,700 square foot parking lot leased to the neighboring US

Postal Service. This SRO property includes a lounge for residents and is located across the street from a City Target and several municipal bus lines. This property is being preserved in accordance with Chicago’s SRO Preservation Ordinance, which passed in November 2014. Hotel Covent once included a significant theater and has been recognized by the Theater Historical Society of America. Hotel Covent completed a substantial renovation in 2023.

NHPF BUILDS CHICAGO

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