FINANCIAL_SERVICESAPPROVED

Chicago Housing Authority Awards Financial Services Contract to Community Builders (May 2026)

The Chicago Housing Authority approved execution of AHAP and HAP contracts with The Community Builders for the Flyover Flats affordable housing development, with an estimated total contract value of $14.16 million over 30 years. The agreement will support 13 project-based voucher units within a 55‑unit family building in Lake View.

Status
APPROVED
Document date
May 25, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Community Builders
Agency
Chicago Housing Authority · IL

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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

Scope & details

The full contract record, as filed.

Contract amount
Initial Estimated Contract $297,684.00; Total Estimated Contract $14,162,440
Contract type
FINANCIAL_SERVICES
Contract term
30 years
Renewal
Initial AHAP agreement to progress to a 30-year HAP contract; CHA subsidy commitments lapse if financing is not secured by 2027-12-31.
Document type
AgendaPacket
Source document
Chicago Housing Authority AgendaPacket Board of Commissioners Meeting 2026-05-26

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Chicago Housing Authority?

Community Builders was awarded this financial services contract by Chicago Housing Authority, as recorded on May 25, 2026. The contract value is Initial Estimated Contract $297,684.00; Total Estimated Contract $14,162,440.

How much is the Community Builders contract with Chicago Housing Authority worth?

The Community Builders contract with Chicago Housing Authority is valued at Initial Estimated Contract $297,684.00; Total Estimated Contract $14,162,440, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Chicago Housing Authority AgendaPacket Board of Commissioners Meeting 2026-05-26 (AgendaPacket), dated May 25, 2026 from Chicago Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Community Builders hold?

Community Builders may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Community Builders's profile

What is Chicago Housing Authority currently buying?

Explore Chicago Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Chicago Housing Authority's profile

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