Illinois Housing Development Authority Board Meeting Minutes January 2026
$42M Conduit Loan for LR Development Company Whitechapel Project
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Description
Illinois Housing Development Authority approved a conduit loan of up to $42 million for LR Development Company LLC to finance and rehabilitate Whitechapel Apartments.
Contract Details
Contract Amount
Conduit Loan not to exceed $42,000,000 for Whitechapel Apartments
Vendor
LR DEVELOPMENT COMPANY LLC
Agency
Illinois Housing Development Authority, IL
Contract Type
FINANCIAL_SERVICES
Document Date
January 16, 2026
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Issuing Agency
Illinois Housing Development Authority
Local Housing Authority
Chicago, IL
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