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FINANCIAL_SERVICESAPPROVED

City of Chicago Committee on Finance Meeting Summary May 2026

Multi-family financing approved for 3959 Lincoln 4 project

Amount not to exceed: $11,007,814Chicago Department of Aviation3959 LINCOLN 4 MANAGER LLCMay 20, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Committee on Finance approved an ordinance authorizing Multi-Family program financing to 3959 Lincoln 4 Manager, LLC for a 4% mixed-use development project at 3959 N. Lincoln Avenue, in an amount not to exceed $11,007,814. The action enables the developer to proceed with the planned housing and commercial improvements in the 47th Ward.

Contract Details

Contract Amount

Amount not to exceed: $11,007,814

Vendor

3959 LINCOLN 4 MANAGER LLC

Agency

Chicago Department of Aviation, IL

Contract Type

FINANCIAL_SERVICES

Document Date

May 20, 2026

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