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Invest to Carefree Development, LLC for Senior Housing

Cook County logoCook County
Disclosed value
$2,646,000.00
From agenda
Document date
May 15, 2025

The 30-second brief

What it covers

The investment of $2,646,000 HOME Investment Partnership Program funds to support the new construction of Carefree Village, a fifty-five (55) unit affordable senior housing development to be located at the intersections of South Cicero Avenue and 151st Street in Oak Forest, Illinois.

Who holds it

Carefree Development holds this loan contract with Cook County. Its other public contracts on record include work for City of Oak Forest and Housing Authority Cook county.

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Contract details

Contract type
Loan
Amount
$2,646,000.00
Document date
May 15, 2025
Term
NA
Vendor
Carefree Development
Agency
Cook County
Source document
cook-county-agenda-2025-05-15_f39.pdf (Agenda)

Carefree Development's other public contracts

City of Oak Forest, IllinoisDesign Review Approved For Carefree Village Material Change · Jul 12, 2026UndisclosedCook County, IllinoisCook County Considers $2.6M Senior Housing Investment · Jun 10, 2025$2.6MCook County, IllinoisCarefree Village receives $2.64M HOME Investment Funds · Jun 10, 2025$2.6MHousing Authority Cook county, IllinoisCarefree Development Receives Vouchers for Carefree Village · Apr 13, 2023UndisclosedHousing Authority of Cass county, North DakotaCarefree Development Gets Vouchers for Senior Housing · Apr 13, 2023UndisclosedAll Carefree Development contractsVendor profile

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Questions about this contract

Who was awarded the loan contract by Cook County?

Carefree Development was awarded this loan contract by Cook County, as recorded on May 15, 2025. The contract value is $2,646,000.00.

How much is the Carefree Development contract with Cook County worth?

The Carefree Development contract with Cook County is valued at $2,646,000.00, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a agenda record.

Where was this contract approved?

This contract appears in cook-county-agenda-2025-05-15_f39.pdf (Agenda), dated May 15, 2025 from Cook County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Carefree Development hold?

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

What is Cook County currently buying?

Explore Cook County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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