November 21, 2017 Item No. 13 RECOMMENDATION … November 21, 2017 Item No. 13 RECOMMENDATION TO EXECUTE 1) AN AGREEMENT TO ENTER INTO HOUSING ASSISTANCE PAYMENTS (AHAP) CONTRACT AND

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November 21, 2017 Item No. 13

RECOMMENDATION TO EXECUTE 1) AN AGREEMENT TO ENTER INTO HOUSING ASSISTANCE PAYMENTS (AHAP) CONTRACT AND A HOUSING

ASSISTANCE PAYMENTS (HAP) CONTRACT FOR A) 6145 NORTH BROADWAY APARTMENTS, B) MARK TWAIN APARTMENTS, C) WARREN APARTMENTS,

D) CLARK-ESTES APARTMENTS, E) ENGLEWOOD PHASE I APARTMENTS, F) MONTCLARE VETERAN’S VILLAGE OF ROSELAND, G) MONTCLARE SENIOR

RESIDENCES OF CALUMET HEIGHTS, H) CICERO SENIOR LOFTS, I) THRESHOLDS RAD LLC; AND 2) ALL OTHER DOCUMENTS AS MAY BE

NECESSARY OR APPROPRIATE TO IMPLEMENT THE FOREGOING.

Presenter: Tracy Sanchez, Deputy Chief Development Officer

Development Address Alderman / Ward Community Area

6145 North Broadway Apartments 6145 N. Broadway Harry Osterman

48th Ward

Edgewater

Mark Twain Apartments 111 W. Division Walter Burnett

27th Ward

Near North Side

Warren Apartments 1527-33 West Warren Boulevard /

1542-1554 West Madison Street

Walter Burnett

27th Ward

Near West Side

Clark-Estes Apartments 7070 N. Clark Street Joseph Moore

49th Ward

Rogers Park

Englewood Phase I Apartments South Halsted Street

West 59th to West 63rd Parkway

Toni Foulkes

16th Ward

Englewood

Montclare Veteran’s Village of

Roseland

11026-11028, 11027-11047

South Eggleston Avenue

Carrie Austin

34th Ward

Roseland

Montclare Senior Residences of

Calumet Heights

9401 S. Stony Island Michelle Harris

8th Ward

Calumet Heights

Cicero Senior Lofts 4801-4857 S. Cicero Edward Burke

14th Ward

Garfield Ridge

Thresholds RAD LLC

Grais Apartments

Austin Apartments

Rowan Trees Apartments

6808 N. Wayne

334-348 N. Menard / 5801 W. Lake

500 W. Englewood

Joe Moore / 49th Ward

Chris Taliferro / 29th Ward

Willie Cochran / 20th Ward

Rogers Park

Austin

Engelwood

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Recommendation The Chief Executive Officer recommends that the Board of Commissioners of the Chicago Housing Authority (CHA) authorize CHA to execute 1) an Agreement to enter into Housing Assistance Payments (AHAP) contract and a Housing Assistance Payments (HAP) contract for A) 6145 North Broadway Apartments, B) Mark Twain Apartments, C) Warren Apartments, D) Clark-Estes Apartments, E) Englewood Phase I Apartments, F) Montclare Veteran’s Village of Roseland, G) Montclare Senior Residences of Calumet Heights, H) Cicero Senior Lofts, I) Thresholds RAD LLC; and 2) all other documents as may be necessary or appropriate to implement the foregoing. The requested action complies in all material respects with all applicable federal, state and local laws, and CHA board policies. Staff have completed all necessary due diligence to support the submission of this initiative.

Property Summary

Contract Summary

Development Funding Contract Term

Contract Type

Initial Estimated Contract

Total Estimated Contract

Application Received

6145 North Broadway Apartments

Housing Choice Voucher Program

30 Years AHAP & HAP Contracts

$276,696 year

$11,225,025 30 years

August 2017

Mark Twain Apartments



$2,296,368 year

$93,159,239 30 years

August 2016

Warren Apartments Housing Choice Voucher Program


$342,096 year

$13,878,178 30 years

March 2017

Clark Estes Apartments



$208,500 year

$8,458,445 30 years

November 2016

Englewood Phase I Apartments



$277,272 year

$11,248,392 30 years

November 2016

Development Developer / Owner Target Population

PRA Units

Total Units

% PRA Units

6145 North Broadway Apartments 6145 N. Broadway

Investors, LLC

Families Up to 21 105 25%

Mark Twain Apartments Mark Twain NHPF, LLC Individuals Up to 148 148 100%

Warren Apartments Warren Ashland, LP

Heartland Housing, Inc.

Families Up to 25 75 33%

Clark-Estes Apartments Clark-Estes Apartments LLC Families 15 54 28%

Englewood Phase I Apartments Englewood Phase I, LLC Families 20 80 25%

Montclare Veteran’s Village

of Roseland

Montclare Veteran’s Village

of Roseland, LLC

Families

Veterans

75 75 100%

Montclare Senior Residences of

Calumet Heights

Montclare Calumet Heights,

LLC

Seniors 34 134 25%

Cicero Senior Lofts Cicero Senior Lofts, LLC

Seniors 15 62 25%

Grais Apartments

Austin Apartments

Rowan Trees Apartments

Thresholds RAD LLC Homeless

Disabled

Up to 6

Up to 6

Up to 6

44

57

45

14%

11%

13%

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Montclare Veteran’s Village of Roseland



$744,516 year

$30,203,584 30 years

June 2016

Montclare Senior Residences of Calumet

Heights



$295,800 Year

$12,000,038 30 years

May 2017

Cicero Senior Lofts Housing Choice Voucher Program


$195,300 year

$7,922,946 30 years

July 2017

Thresholds RAD LLC

Grais Apartments

Austin Apartments

Rowan Trees Apts

Housing Choice

Voucher Program

30 Years

AHAP & HAP

Contracts

$59,400 $47,808 $37,332

year

$1,443,264 $1,161,609 $ 907,069

20 years

July, 2017

Initial contract rents will be determined by market comparables and fair market rents applicable at the time the HAP contract is executed. All rent determinations will comply with federal regulations and CHA policy.

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6145 NORTH BROADWAY APARTMENTS Property Profile / Building Amenities 6145 North Broadway Apartments is a 105-unit, 6-story, mixed-use, new construction, elevator building located in the Edgewater community in a General Area and across the street from an opportunity area. The development is located on a thriving commercial street surrounded by a vibrant residential community. Loyola University Chicago is located 2 blocks from the site.

6145 North Broadway Apartments consists of 45 studios, 40 one-bedroom, and 20 two-bedroom units with 3,750 square feet of ground floor retail space. There will be 25 accessible units, and 80 adaptable units of which 24 units will also be for the sensory impaired. The building will offer 44 parking spaces, a green roof, as well as landscaped outdoor and community spaces, including a grilling station and fire pit. Building amenities include a community and meeting room, fitness room, bike room, as well as storage area.

PRA will assist up to 21 residential units – 7 studios, 7 one-bedroom, and 7 two-bedroom units. Units will include all appliances including a microwave, dishwasher, and washer/dryer. Tenants are responsible for all utilities. Each unit will have separate heating and cooling control. Tenants will come from the CHA waitlists.

Property Owner 6145 N. Broadway Investors, LLC is the ownership entity for the property. The General Partner is composed of City Pads, LLC and Catapult Real Estate Solutions, LLC. City Pads is a multi-family and mixed-use real estate investment company started in 2015. The principals of City Pads have extensive experience with developing, constructing, and leasing residential buildings with commercial space. Catapult Realty provides real estate consulting services including asset management, advisory, and owner representation services. Property Manager Kass Management Services has been in business since 1985 and manages more than 9,000 residential units in 400 properties and 20 commercial properties throughout the Chicagoland area.

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MARK TWAIN APARTMENTS

Property Profile / Building Amenities

Mark Twain Apartments is seeking approval for 148 PRA

subsidies (100%) as part of the preservation efforts of this

historic SRO property. The development received Board

approval for 126 PRA subsidies (85%) at the January 2017

meeting. The allocation of subsidies allows for successful

underwriting and additional housing opportunities for CHA

waitlist tenants.

• Mark Twain Apartments is a vintage, 5-story, elevator

building that opened in 1932 and is located at 111 W. Division on the edge of the Gold Coast

historic district in the Near North Side community. Redevelopment is part of the City’s SRO

Preservation initiative. The Mark Twain has Orange designation by the Chicago Landmarks

Commission, which notes that the property possesses architectural feature(s) or historical

association that makes it potentially significant in the context of the surrounding

community. Immediately across the street is an Opportunity Area, which includes the 390-

unit, 35-story luxury apartment Sinclair building which opened in September 2017.

• The Mark Twain currently contains 153 units. After redevelopment, 148 studio units will be

available with 8 accessible and 8 adaptable units. All building systems will be repaired or

replaced with improved security system, FOB keys and high-resolution security cameras

installed. All units will have newly installed kitchens and rehabbed individual bathrooms.

• The ground floor consists of 9,600 square feet of commercial space. The existing storefront

signage will be removed and new storefronts will meet the requirements of the Illinois

Historical Preservation Agency (IHPA). The developer is working to attract new retail

businesses that will enhance the community, including coffee shops, restaurants and

smaller retail businesses.

• Building amenities will include a roof-top deck, laundry room, community room, computer

room with library area, as well as offices for management and social services. All utilities

will be paid by the building.

• Rehabilitation will require that the building be vacated and tenants relocated.

Approximately 10% of the units are currently vacant. Existing residents will have a right of

first return. Vacancies will be filled from the CHA Waitlist with up to 10 units filled from the

State Referral Network. PRA will assist up to 148 studio units (100%).

Property Owner

New Mark Twain, LLC sole managing member is The NHP Foundation (NHPF), a non-profit

organization dedicated to making investments that preserve and create affordable multi-family

housing for low to moderate-income families.

Property Manager

Heartland Housing, Inc will provide 24-hour on-site property management. Heartland

manages nearly 2,000 units of affordable and supportive housing across 15 properties in Illinois

and Wisconsin.

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WARREN APARTMENTS Property Profile / Building Amenities Warren Apartments received CHA Board of

Commissioner’s preliminary support in May

2017. The development was awarded Low-

Income Housing Tax Credits from the Illinois

Housing Development Authority in October

2017.

Warren Apartments is a new construction, 7-story, elevator building located at 1533 West Warren Boulevard and 1542-1554 West Madison Street in the Near West Side community. The site is located in a General area, in a revitalizing community with excellent access to public transportation. Warren Apartments will be located adjacent to Heartland’s award-winning property, Harvest Commons Apartments.

Warren Apartments will contain 75-units: 13 studios, 49 one-bedroom units, and 13 two-bedroom units. Three (3) units will be accessible, 12 units will be adaptable, and 2 units will be available for persons who are audio or visually impaired. Unit amenities include individually controlled heating and cooling and Energy Star appliances.

Building amenities will include a roof terrace, laundry facilities, community/party room, and bike storage. The building will have on-site property management, as well as security features including front desk staff and cameras strategically placed throughout the building. 19 parking spaces will be available for residents, guests, and staff.

PRA will assist up to 25 units (33%): 18 one-bedroom and 7 two-bedroom units. Tenants will come from CHA waitlists.

Property Owner Warren Ashland, LP a subsidiary of Heartland Housing, Inc. Heartland Housing will be the sole member and will be the developer/owner of the property. Heartland was founded in 1988 and has developed over 1,900 housing units. Heartland Housing, Inc. has experience working with the Chicago Housing Authority and is a member of the Lathrop Community Partners and a CHA Pre-Qualified Developer. Heartland has experience with the PRA program, including 89 units with PRA assistance at Harvest Common Apartments located at 1519 W. Warren Boulevard, which is immediately adjacent to Warren Apartments. Additionally, PRA assists 79 units in Heartland’s Town Hall Apartments located at 3600 N. Halsted, 51 units at Hollywood House located at 5700 N. Sheridan, and 14 units at Leland Apartments located at 1207 W. Leland. Mod-Rehab project-based subsidies assist 50 units at Los Vecinos Apartments located at 4250 W North Avenue, 39 units at Mae Suites located at 148 N. Mayfield, and 60 units at Karibuni Place located at 8200 S Ellis. Property Manager Heartland Housing, Inc. will be managing the property and manage over 2,000 units of affordable and supportive housing. Their portfolio consists of multi-family buildings ranging in size from 24 units to 197 units.

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CLARK-ESTES APARTMENTS Property Profile / Building Amenities

Clark-Estes Apartments (CEA) received CHA Board of Commissioner’s preliminary support in May 2017. The development was awarded Low-Income Housing Tax Credits from the City of Chicago in October 2017.

• CEA is a 4-story, new construction, mixed-use development for families in the Rogers Park community and located on a strong commercial artery surrounded by a thriving residential and business community with access to public transportation, schools and recreational areas. The site is designated as a General area and is less than one block from an Opportunity Area.

• CEA will contain 54 total residential units: 15 studios, 21 one-bedroom, and 18 two-bedroom units. Residential units are designed with an open layout, with all appliances included. Each floor will have elevator access and a laundry room. All units will be adaptable with 11 accessible units. Residents will have access to the community courtyard with an outdoor patio area and a tot lot. Twenty (20) parking spaces will be available on-site. Clark-Estes Apartments will seek the Enterprise Green Communities certification, which will include Energy Star appliances, windows, and light fixtures.

• The first floor of the building will offer 3,350 square feet of retail space, as well as a community room and office space for the social service partner, Trilogy, Inc.

• PRA will assist 10 one-bedroom and 5 two-bedroom units. Tenants will be identified from the CHA waitlists and up to 7 units from the State Referral Network. CHA has committed to IHDA to provide PRA assistance to Section 811 residents who are listed on the State Referral Network. Unit configuration will be assigned at the time of the HAP to best serve the CHA Waitlist.

• Trilogy, Inc. will provide behavioral healthcare to tenants from the State Referral Network. Services from Trilogy will be available to all tenants, but not required.

Property Owner Ross Financial Services (RFS) is the managing partner (75%) and will provide property management services. RFS is private owner and management company of affordable properties in Illinois, California, and South Carolina. RFS has developed 1,380 units in the State of Illinois. This is their first development in the City of Chicago. Service Provider Trilogy, Inc. is the community-based, non-profit partner in the development (25%) and is a Rogers Park-based organization providing mental health services. In 2016, Trilogy was named one of Chicago’s top 101 work places by the Chicago Tribune. Property Manager Ross Financial Services manages a portfolio of more than 2,300 units of rental housing including tax credit and Section 8 assisted units.

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ENGLEWOOD PHASE I APARTMENTS


Englewood Phase I Apartments is a new

construction, multi-family property consisting

of 8 buildings containing 80 total units across

4 city blocks in the Englewood community.

The development plan includes 20,000

square feet of first-floor retail, a 2,000 square

foot community center, and 50 parking spaces. The development was awarded Low-Income

Housing Tax Credits from the City of Chicago in October 2017.

Englewood Phase I is part of the City’s revitalization efforts of the 63rd and Halsted corridor,

which includes mixed-income and mixed-use development plan for multi-phased

construction projects. The site is adjacent to Englewood Square, which includes the newly

opened Whole Foods (October 2016) and is part of the City’s neighborhood investment

programs and Micro Market Recovery Program. The 63rd Street Commercial Corridor

between Cottage Grove to Pulaski has been a focus of a study of the area by the Local

Initiatives Support Corporation (LISC). In 2016, Teamwork Englewood and LISC Chicago New

Communities Network released “Englewood Rising” as part of a comprehensive quality-of-

life planning initiative for Housing, Education & Youth, Health & Wellness, Jobs & Economic

Development and Public Safety.

Englewood Phase I Apartments will consist of 16 one-bedroom, 56 two-bedroom, and 8

three-bedroom townhome and apartment-style units. Eight units will be accessible and 2

units will be available for the visually / hearing impaired. Construction meet Enterprise Green

Communities certification. PRA rental subsidies will assist 25% of the units: 4 one-bedroom,

14 two-bedroom, and 2 three-bedroom apartments. Tenants will come from the CHA

Waitlists.

Property Owner

Englewood Phase I, LLC is the managing member and affiliate of the developer, KBK Enterprises.

KBK Enterprises is a certified Minority Business Enterprise (MBE) and has developed more than

1,900 units of multi-family, affordable, mixed-income, mixed-use, and single-family housing,

closing over $1 billion in real estate development nationally with offices in Pittsburgh, PA and

Columbus, OH. Keith B. Key is President and CEO.

Property Manager

Key Property Management Services, a KBK affiliate, manages more than 1,000 units of housing

in Columbus OH, Washington DC, and Pittsburgh PA. KBK Foundation is their social service arm

and will link residents to area programs that support workforce and youth development,

including The Cara Program, Chicago Urban League, LISC and Teamwork Englewood.

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MONTCLARE VETERAN’S VILLAGE OF ROSELAND Property Profile/Building Amenities/

Montclare Veteran’s Village of Roseland (MVVR) was

awarded 75 VASH vouchers from HUD as part of a

2016 national competitive process. The CHA Board of

Commissioners gave preliminary approval for the

project in July 2016. MVVR was awarded Low-Income

Tax Credits from the City of Chicago in October 2017.

MVVR is a 75-unit new construction, 4-story,

elevator building, providing supportive housing

services to veterans. The land located in the 107th & Halsted TIF district will be donated from

the City of Chicago to the development and is adjacent to the 111th Station for the CTA Red

Line Extension. MVVR will offer 33 studios (396 square feet), 38 one-bedroom (574 square

feet), and 4 two-bedroom units (717 square feet). All units will be adaptable, with 8 to 16

units accessible, and 2 units available to the audio or visually impaired.

Building amenities include a management office, health center, community room with

warming kitchen, fitness center, media room, library, computer lab, and laundry. Tenants

will have access to the large patio, community garden, barbecue grill and picnic tables, as well

as a large open green space. 54 parking spaces of the development will be available for

residents, guests and staff. The development will receive Enterprise Green Communities

Certification.

VASH vouchers will assist 75 units (100%). Tenants are identified by the Jesse Brown VA

Center and will receive social services from Featherfist. Tenants will meet VASH

requirements.

Property Owner Background

MR Properties, LLC is the managing member (75%) and has been active in real estate

development in the Chicago area for over forty years. MR Properties strives to exceed the MBE

requirements and has established a priority for contractors to hire local residents. MR is proud

to report that the last development met a 40% MBE compliance and will work to meet or exceed

that in this development.

Service Provider

Featherfist is the non-profit partner (25%) and the social service provider for the development.

Incorporated in 1990 as a 501-C-3 nonprofit corporation, Featherfist is an experienced provider

of supportive housing services for homeless individuals and families. In addition to social

services, Featherfist has developed 3 transitional housing properties for homeless veterans.

Property Manager

Pacific Management, Inc. manages affordable, market rate, and commercial properties in Illinois

and Iowa and is experienced in the management of Low-Income Housing Tax Credit properties.

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MONTCLARE SENIOR RESIDENCES OF CALUMET HEIGHTS


Montclare Senior Residences of Calumet Heights

(MCCH) is a 134-unit, 7-story, new construction

residential property for independent seniors who

are 55 years of age and older. The development

was awarded Low-Income Housing Tax Credits

from the Illinois Housing Development Authority in

October 2017.

The development is located in the Stony Island Commercial and Burnside Industrial TIF District.

MCCH will consist of 101 one-bedroom and 33 two-bedroom units. All units will be

adaptable, with 14 units accessible, and 3 units for the sensory-impaired. Kitchens will

contain all appliances including a dishwasher and microwave. Tenants will be responsible

for electric only. Heat will be included as part of the building expense. Tenants control

heating and cooling in their unit.

Building amenities include a community room with warming kitchen, fitness center, media

room, library, computer lab, beauty salon, centralized mailroom, and laundry. Exterior

amenities offer landscaped recreation areas, walking paths, a gazebo and a large patio for

residents. 78 surface parking spaces will be available for residents, guests and staff. The

building will gain Enterprise Green Communities or LEED for Homes certification.

PRA rental subsidies will assist 34 one-bedroom units (25%) and tenants will come from CHA

Waitlists.

Property Owner

Montclare Calumet Heights, LLC is MR Development’s 7th affordable housing building for seniors

in Chicago. Montclare Calumet Heights Manager, LLC will serve as managing partner. MR

Development was founded in 2000 and developed more than 1,003 units of affordable housing

including 648 units for seniors.

Property Manager

Pacific Management, Inc. is a full-service property management company servicing residential

and commercial properties throughout Illinois and Iowa. PMI specializes in affordable

programs such as Low-Income Housing Tax Credits.

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CICERO SENIOR LOFTS


Cicero Senior Lofts is a new

construction, 4-story elevator, 62-unit

building for seniors age 55 years and

older in the Garfield Ridge community.

The development is located

immediately adjacent to the CHA Le

Claire Courts redevelopment area; and

is located in an Opportunity and Gautreaux General area. Cicero Senior Lofts was awarded

Low-Income Housing Tax Credits from the City of Chicago in October 2017.

• Cicero Senior Lofts will offer 8 studio, 46 one-bedroom, and 8 two-bedroom units. All 62

units will be adaptable with 4 units accessible. The development will seek Enterprise Green

Communities or LEED certification.

• Building amenities include a library / reading room, on-site laundry facilities, security

cameras, an intercom system, fob access controls, and on-site property management. 79

surface parking spaces will be available for residents, guests, and staff.

• All units will offer fully equipped kitchens containing Energy Star appliances. Tenants will

be responsible for utilities and will have control heating and cooling in their unit. Units will

be wired for internet and cable.

• PRA rental subsidies will assist 15 one-bedroom units. Tenants will come from CHA

Waitlists.

Property Owner

MV Residential Development, LLC is the developer and owner entity of the Miller-Valentine

Group (MVG). MVG was founded in 1963 and has developed senior and affordable housing in

several states including Illinois, Indiana and Ohio. Cicero Senior Lofts will be their first

development in the city of Chicago.

Property Manager

MV Resident Property Management Inc. is the Miller-Valentine Group’s affordable housing

property management company with a nationwide portfolio of 12,000 units.

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Thresholds RAD LLC

Project Overview

Thresholds RAD LLC, an Illinois limited liability company (Thresholds) has submitted applications to the United States Department of Housing and Urban Development (HUD) to convert Grais, Austin, and Rowen (“the Properties”) from the Moderate Rehabilitation (Mod Rehab) program tenant protection vouchers to project-based vouchers (PBV) under the Rental Assistance Demonstration Second Component program (RAD2). Subject to HUD and CHA approvals, 146 total units in 3 separate properties will be preserved as affordable housing. In September, 2017 the CHA Board of Directors approved acceptance of RAD2 vouchers for the development and the assignment of up to 6 PRA vouchers to each of the 3 buildings. The RAD2 approval remains in effect.

As part of the conversion process, the three properties under the Thresholds RAD LLC will complete necessary rehabilitation that will include roof replacement / repair, masonry and lintel repairs, window repair/replacement, elevator upgrades, plumbing and electrical repairs and updates, as well as updates to common areas. Apartments will be modernized with new baths, kitchens and flooring, as well with new in-unit HVAC systems. Each building will have available five (5) units that are handicapped-accessible and one (1) unit available for sensory-impaired. Each building will offer free internet access, a community room, on-site laundry, and 24-hour desk coverage with on-site staff. On-site supportive services will be available by The Thresholds, a 501-C-3 non-profit corporation located in the Uptown community.

Grais Apartments / Property Profile

Grais Apartments has been in CHA’s Mod Rehab portfolio since August 25, 1995. The 4-story, elevator building is located in the Rogers Park community in a general area. The building contains 44 studio units, each with individual kitchens and baths. Up to 6 PRA subsidies will be assigned to the building with the remaining units operating under the RAD2 subsidy benefit.

Austin Apartments / Property Profile

Austin Apartments has been in CHA’s Mod Rehab portfolio since July 20, 1995. The 4-story, elevator building is located in the Austin community in a limited area. The building contains 57 studio units, each with individual kitchens and baths. Up to 6 PRA subsides will be assigned to the building with the remaining units operating under the RAD2 subsidy benefit

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Rowan Trees Apartments / Property Profile

Rowan Trees Apartments has been in CHA’s Mod Rehab portfolio since October 6, 1997. The 4-story, elevator building is located in the Englewood community in a limited area. At the completion of rehab, the building will contain 39 studios and 6 one-bedroom units, each with individual kitchens and baths. Up to 6 PRA subsidies will be assigned to the building with the remaining units operating under the RAD2 subsidy benefit.

Property Owner and Manager

Thresholds will be the owner and manager of all three properties and is a subsidiary of The Thresholds, an Illinois 501(C)(3) not for profit corporation. Thresholds was established in 1959 to provide healthcare, housing, and hope. Thresholds owns and operates more than 570 units of housing for special needs households.

Thresholds also has more than 40 years of experience managing residential properties of various sizes and configurations, including low-income housing tax credits, mixed-income, and McKinney-Vento Supportive Housing Programs for the chronically homeless with a diagnosed mental illness. Respectfully Submitted: ____________________________ Tracy Sanchez Deputy Chief Development Officer

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RESOLUTION NO. 2017-CHA-XX

WHEREAS, the Board of Commissioners of the Chicago Housing Authority has reviewed the

Board Letter dated October 17, 2017 entitled “Recommendation to Execute 1)

Agreement to enter into Housing Assistance Payments (AHAP) contract and

Housing Assistance Payments (HAP) contract for A) 6145 North Broadway

Apartments, B) Mark Twain Apartments, C) Warren Apartments, D) Clark-Estes

Apartments, E) Englewood Phase I Apartments, F) Montclare Veteran’s Village

of Roseland, G) Montclare Senior Residences of Calumet Heights, H) Cicero

Senior Lofts, I) Thresholds RAD LLC; and 2) all other documents as may be

necessary or appropriate to implement the foregoing.”

THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE CHICAGO HOUSING

AUTHORITY:

THAT, the Board of Commissioners authorizes the Chief Executive Officer or his

designee to execute 1) Agreement to enter into Housing Assistance Payments

(AHAP) contract and Housing Assistance Payments (HAP) contract for A) 6145

North Broadway Apartments, B) Mark Twain Apartments, C) Warren

Apartments, D) Clark-Estes Apartments, E) Englewood Phase I Apartments, F)

Montclare Veteran’s Village of Roseland, G) Montclare Senior Residences of

Calumet Heights, H) Cicero Senior Lofts, I) Thresholds RAD LLC; and 2) all other

documents as may be necessary or appropriate to implement the foregoing.

____________________________

Eugene E. Jones, Jr.

Chief Executive Officer

Chicago Housing Authority

Documents

November 21, 2017 Item No. 13 RECOMMENDATION … November 21, 2017 Item No. 13 RECOMMENDATION TO EXECUTE 1) AN AGREEMENT TO ENTER INTO HOUSING ASSISTANCE PAYMENTS (AHAP) CONTRACT AND