Acquisitions—Chicago, Illinois

Englewood Gardens

  • Englewood Gardens is a 167-unit, scattered site, 100% family Section 8 community located throughout the Englewood neighborhood in Chicago IL. The property received a LIHTC rehab in 1996 and is now into its extended use period.
  • Rose Affordable Housing Preservation Fund V, L.P. will own Englewood Gardens in a 90/10 joint venture with 5T Management, a local MWBE.
  • Ownership will invest approximately $1 million to address deferred and preventative maintenance scope including both in unit upgrades and systems repair and replacement.
  • The property will be managed by 5T Management.
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Project Profile

Acquisition and preservation of 167-units, scattered site, 100% family Section 8 community located throughout the Englewood neighborhood in Chicago, IL.

Project Status

ANTICIPATED ACQUISITION: 2021

Total Project Size / Budget
176 Units