$117M affordable housing preservation project gets underway near Obama Presidential Center – WGNTV (Chicago)

The $117 million rehabilitation project is for 200 units.
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Ex Illini
1 year ago

WGN never even thinks to ask why it costs so much for so few units. Of course Do Nothing Durbin is there for the photo op. The guy is a gigantic waste of oxygen. Put him out to pasture already.

Old Spartan
1 year ago

Scam City. What a joke. At $585k per unit there is $200k of bs in these units. Consultants. Advisors. Lawyers. Project mangers. Union wages with padded payrolls. Union BA’s getting a cut. A ghost here and there. The private sector left without all the nonsense could produce 400 units and still make money doing it. What a travesty.

Freddy
1 year ago

Affordable for the residents? But not the taxpayers. $117,000,000 for 200 units = $585,000 each. Who is building these? Bezos-Gates-Musk in their spare time.

John
1 year ago

$585,000 per unit, bet these are going to be pretty nice living spaces. And, where is this funding coming from, who pays, how much will this cost the actual homeowners to buy one of these affordable unit?

Harry Loungabow
1 year ago
Reply to  John

They will be free as Zippy dictates, give it
5 years for the homes slums after that,
Obama center no one will see it after 10
Years. Let’s all listen for that flushing noise.

Brian Jones
1 year ago

Affordable, after The Machine gets it’s cut.

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