Chicago Housing Authority AgendaPacket Real Estate Operations Development Committee Meeting 2026-05-26
CHA backs PBV contracts for Lofts at Loretto Academy
Trusted by teams at
Description
The Chicago Housing Authority approved entering into AHAP and HAP contracts for Lofts at Loretto Academy with Greenline Communities and partners, supporting 18 PBV units over 15 years with an estimated total value of $5.58 million. The authorization is contingent on financing approvals by December 31, 2027.
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
Initial AHAP and HAP contracts for 15 years; CHA commitments expire if financing approvals are not secured by 2027-12-31. Renewals beyond the initial term would need new Board approval.
More from Chicago Housing Authority
Chicago Housing Authority Board of Commissioners Agenda 2026-05-26
Chicago Housing Authority Board of Commissioners Agenda 2026-05-26
Chicago Housing Authority Board of Commissioners Agenda 2026-05-26
Chicago Housing Authority Board of Commissioners Agenda 2026-05-26
Chicago Housing Authority Board of Commissioners Agenda 2026-05-26
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.