RENAISSANCE ESTATES PHASE ONE

New-construction, 27 new condominiums/townhomes including internal garages

PROJECT TYPE:

For-Sale Housing

DEVELOPER:

JTA Development Inc.

GENERAL CONTRACTOR:

JTA Development Inc.

ARCHITECT:

Steven Amu & Associates, p.c.

INVESTOR FUND:

Community Reinvestment Fund 2000 L.P.

PROJECT OWNER:

Renaissance Estates Phase One L.P.

ADDRESS:

Southeast corner of 122nd Street and Ashland Avenue Chicago, Illinois

NEIGHBORHOOD:

West Pullman/Maple Park
Located in Middle-Income census tract (at time of initial investment)

NUMBER OF BUILDINGS:

6

TOTAL NUMBER OF UNITS RESIDENTIAL UNITS:

27

UNIT TYPES:

2-2+ Bedroom/2 Bath, 1st Floor
2-2 Bedroom/2 Bath, 2nd Floor
3-3 Bedroom/2.5 Bath, duplex
8-3+ Bedroom/2.5 Bath, duplex
4-3 Bedroom/2.5 Bath, duplex
8-2+ Bedroom/2.5 Bath, duplex

AFFORDABILITY:

All units initially projected to be affordable to moderate-income homebuyers

TOTAL COSTS:

$5,601,424

CRF CAPITAL
(net to project):

$ 390,000