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Amendment to Heritage Pointe II Redevelopment Agreement for Additional Lots under City Lots for Working Families Program

  • When: 2025/03/12
  • Address: 3355, 3353, 3337, 3335, 3333, 3325, 3209, 3207, and 3310 W Walnut St, Chicago, IL
  • City: Chicago
  • State: IL
  • Category: Affordable Housing
  • Subcategory: Affordable Housing Development

Chicago City Council approved the first amendment to the Heritage Pointe II redevelopment agreement to expand the project footprint by adding multiple lots along W Walnut St to the development plan. This amendment allows the developers—Joudeh Investments LLC and MKB Business Strategies LLC—to acquire additional city-owned parcels through the City Lots for Working Families Program. The parcels will be used to construct affordable single-family homes as part of an ongoing strategy to promote homeownership and stability in the East Garfield Park neighborhood. The expanded scope furthers the City's commitment to revitalizing underutilized land for affordable housing through public-private partnerships.

Why it Matters

This amendment strengthens the City's affordable housing agenda by increasing the number of homes delivered under a proven redevelopment program. It supports equitable growth, neighborhood investment, and homeownership in a historically underserved area.

Source

Applicant - Joudeh Investments LLC, MKB Business Strategies LLC, and Joudah Investments LLC/MKB Business Strategies LLC