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Developers Picked To Bring Missing Middle Housing To Vacant South Side Lots

Chicago, ILLocal News

Six minority-led development teams will construct 30 multi-unit housing developments on vacant lots in Chicago's South Side, part of the $39. 4 million Missing Middle Infill Housing Initiative. This project aims to create 108 market-rate units, addressing the need for affordable housing in disinvested neighborhoods. City-owned lots are sold to developers for $1, with the city offering up to $150,000 per unit for development. Abraham Lacy, president of the Far South Community Development Corporation, emphasized the initiative's goal of making neighborhoods destinations for residents.

Developers have detailed plans, such as Famor LLC's $8. 8 million project featuring multiple buildings in Morgan Park and NHS Redevelopment Corp. 's $6 million project in South Chicago. Lacy noted that this program targets middle-class families who struggle with homeownership due to rising prices. The Department of Planning and Development previously selected developers for similar projects in North Lawndale.

If successful, Lacy believes this model could be replicated in other cities to help revitalize neighborhoods.

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