This decision involves the issuance of an affordable housing loan and other financial assistance to Legends A-3 LLC, along with the execution of a redevelopment agreement for the leasehold acquisition of land and construction of two buildings at 4520 S State St. The City Council passed the final decision on September 18, 2024, following its introduction on July 17, 2024.
This decision is crucial for advancing affordable housing initiatives in Chicago by supporting the construction of new housing units at 4520 S State St. It contributes to the city's efforts to increase housing availability and improve community development.