Illinois Housing Development Authority Board Meeting Minutes April 2026
IHDA approves changes for Wicker Park Renaissance
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Description
The Illinois Housing Development Authority authorized ownership and property management changes for the Wicker Park Renaissance development, including loan resubordination and a waiver of the qualified contract option. These actions support the long-term affordability of the project.
Contract Details
Vendor
WICKER PARK RENAISSANCE
Agency
Illinois Housing Development Authority, IL
Contract Type
OTHER
Document Date
April 17, 2026
Renewal Info
Resolution 2026-04-IHDA-050 modifies existing loan and compliance structure, including waiver of qualified contract provisions and resubordination of the loan.
Issuing Agency
Illinois Housing Development Authority
State Housing Authority
Chicago, IL
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