The City Council has designated the Alloy Real Property at 2031-2033 N Kingsbury St and the annexed property at 2032 Clybourn Ave as a Low Affordability Community. This designation is part of the city's ongoing efforts to ensure that new developments contribute to affordable housing solutions in key urban areas.
This designation is important because it helps address housing affordability by ensuring that future development in these areas prioritizes affordable housing. It supports Chicago’s broader goal of maintaining social and economic diversity while managing urban growth.