Keystone Apartments

About the project

Founded in 1992, Interfaith Housing Development Corporation’s (IHDC) mission is to promote and develop long-term affordable housing for low-income, underserved populations in collaboration with local communities. IHDC, located in Chicago, is recognized by the U.S. Department of Housing and Urban Development as a Community Housing Development Organization (CHDO). As a nonprofit 501(c)3 CHDO, IHDC develops or facilitates the development of high-quality, financially, and environmentally sustainable, affordable housing for low-income individuals and families that provide a safe, healthy, and thriving environment with supportive services as a foundational strategy.

LISC provided a $500,000 predevelopment loan to support the Keystone Apartments Project. IHDC will develop the site where Fellowship Christian Church currently resides into a 5-story buiding that contains 36 affordable units. The units will be targeted to provide permanent supportive housing to individuals with a chronic disability through community partnesrhips and onsite social services coordinated and provided by Housing Forward.