[CPEO-BIF] "Cleanup loan approved for East Chicago [Indiana] senior housing site"

[Lenny Siegel <lsiegel@cpeo.org>]

Cleanup loan approved for East Chicago senior housing site

by Tim Zorn
Chicago Tribune
March 16, 2019

A project to develop new housing for East Chicago senior citizens received a boost from the Northwest Indiana Regional Development Authority.

The RDA board, in a brief meeting March 14, approved a loan up to $650,000 for an environmental cleanup where Lakeshore Manor apartments will be built. The money, to remove contamination from a former dry cleaner at the site, will come from the Northwest Indiana Brownfield Coalition, which the RDA administers.

The $40 million apartment project will have 206 units for senior citizens on Main Street in East Chicago’s North Harbor redevelopment area. It will be operated by the East Chicago Housing Authority and built by DTM Real Estate Services, which received low-income housing tax credit funding from the Indiana Housing and Community Development Authority earlier this year.

…

For the entire article, see
https://www.chicagotribune.com/suburbs/post-tribune/news/ct-ptb-rda-east-chicago-st-0316-story.html

--

Lenny Siegel
Executive Director
Center for Public Environmental Oversight
a project of the Pacific Studies Center
P.O. Box 998, Mountain View, CA 94042
Voice/Fax: 650/961-8918 
<lsiegel@cpeo.org>
http://www.cpeo.org

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