Chicago Housing Authority AgendaPacket Board of Commissioners Meeting 2026-05-26
CHA backs Lofts at Loretto Academy PBV contract
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Description
The Chicago Housing Authority authorized AHAP and 15‑year HAP contracts with Greenline Communities for the Lofts at Loretto Academy, supporting 18 project‑based voucher units in a 55‑unit Woodlawn redevelopment. The estimated total contract value is about $5.58 million, funded through the HCV program.
Contract Details
Contract Amount
Initial Estimated Contract $299,880.00; Total Estimated Contract $5,577,442.00
Vendor
GREENLINE COMMUNITIES
Agency
Chicago Housing Authority, IL
Contract Type
FINANCIAL_SERVICES
Document Date
May 25, 2026
Contract Term
15 years
Renewal Info
AHAP to convert to a 15-year HAP contract; CHA PBV commitments lapse if financing is not secured by 2027-12-31.
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