Altgeld Resource Center

Chicago, IL (2019)

Altgeld Resource Center

Community, Community Center, Daycare and Early Childhood, Library, Youth and Families

The new construction of the Altgeld Family Resource Center provides an early childhood learning center, a Chicago Public Library, and a community center to the Altgeld/Murray neighborhood on the far south side of Chicago.

Investment

NMTC Amount: $10,000,000
Total Project Cost: $28,100,000

IMPACT

42 FTE jobs
35 construction jobs
130 children served by the early childhood center.
40,000 sq. ft. of real estate

CDEs

Building America CDE, Cinnaire New Markets

Investor

Unknown

Project Description

The new construction of the Altgeld Family Resource Center provides an early childhood learning center, a Chicago Public Library, and a community center to the Altgeld/Murray neighborhood on the far south side of Chicago. This community was originally designed to house military personnel upon returning home from World War II. Today it is currently undergoing substantial rehabilitation to improve the quality of life for all of its residents. Building America CDE Inc. is aiding the Chicago Housing Authority (CHA) to enhance the current community facilities in place by providing New Markets Tax Credits for the construction of a 40,000 sq. ft. combined community space. This project is the final phase of the Chicago Housing Authority’s community master planning effort for the Altgeld/Murray community.

MAP

Address: 30 East Adams, Chicago, IL 60827

Census Tract: 17031540102