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The Marshall Field Garden Apartments is a large non-governmental subsidized housing project in the Near North Side neighborhood of Chicago, Illinois. The project occupies two square city blocks and was the largest moderate-income housing development in the U.S. at the time of construction in 1929. Marshall Field Garden Apartments has 628 units ...
Gentrification, the process of altering the demographic and socioeconomic composition of a neighborhood usually by decreasing the percentage of low-income minority residents and increasing the percentage higher-income residents, [1] has been an issue between the residents of minority neighborhoods in Chicago who believe the influx of new residents destabilizes their communities, and the ...
In addition to providing affordable housing for low-income families and combating blight, it also provided housing for industry workers during World War II and returning veterans after the war. By 1960, it was the largest landlord in Chicago. In 1965, a group of residents sued the CHA for racial discrimination.
Neighborhood names and identities have evolved due to real estate development and changing demographics. [2] Chicago is also divided into 77 community areas which were drawn by University of Chicago researchers in the late 1920s. [3] Chicago's community areas are well-defined, generally contain multiple neighborhoods, and depending on the ...
Not long ago, the Chicago area was one of the biggest markets in the country where a low-income family could afford a modest-priced home. But after prices soared during the COVID-19 pandemic, even ...
In the 2010s, many of the neighborhoods LISC had been working in for decades became attractive to private development. Compounded with the effects of the Great Recession, this led to a national housing crisis, with market-rate rents becoming unaffordable to middle- and lower-income families in many major American cities. LISC offices responded ...
National Equity Fund, Inc (NEF) is a national non-profit syndicator of Low Income Housing Tax Credits (LIHTC). Created in 1987 as an affiliate of the Local Initiatives Support Corporation (LISC) and headquartered in Chicago, NEF is one of the largest non-profit LIHTC syndicators in the United States of America.
The Social Science Research Committee at the University of Chicago defined the community areas in the 1920s based on neighborhoods or groups of related neighborhoods within the city. In this effort it was led by sociologists Robert E. Park and Ernest Burgess , who believed that physical contingencies created areas that would inevitably form a ...