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Black Developers On City’s Investment in Affordable Housing

How the city's new funding strategy is bringing new opportunities to developers of color.

Aired 12/11/2021 | Rating NR

Chicago Tonight: Black Voices

Black Developers On City’s Investment in Affordable Housing

Clip: 12/11/2021 | 7m 35s

How the city's new funding strategy is bringing new opportunities to developers of color.

Affordable housing developments are getting a big boost in funding. Chicago will invest a billion dollars into the creation and preservation of 24 development projects, as a result of federal pandemic recovery money and the Mayor’s 2022 budget. The move not only aims to bring more affordable housing to the city but also looks to support developments led by people of color.

Aired 12/11/2021 | Rating NR

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