This decision authorizes the issuance of multi-family housing revenue bonds and other financial assistance to MHL 2 Prairie District Apartments-Wabash LP for the acquisition and rehabilitation of a building located at 1801 S Wabash Ave into affordable housing. The final decision was passed by the City Council on September 18, 2024, following its introduction on July 17, 2024.
This decision is significant in advancing the city’s affordable housing goals by providing financial support for the acquisition and rehabilitation of housing at 1801 S Wabash Ave. It contributes to the availability of affordable housing in the Prairie District.