
RENAISSANCE ESTATES PHASE ONE
New-construction, 27 new condominiums/townhomes including internal garages
PROJECT TYPE: | For-Sale Housing
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DEVELOPER: | JTA Development Inc.
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GENERAL CONTRACTOR: | JTA Development Inc.
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ARCHITECT: | Steven Amu & Associates, p.c.
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INVESTOR FUND: | Community Reinvestment Fund 2000 L.P.
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PROJECT OWNER: | Renaissance Estates Phase One L.P.
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ADDRESS: | Southeast corner of 122nd Street and Ashland Avenue
Chicago, Illinois
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NEIGHBORHOOD: | West Pullman/Maple Park
Located in Middle-Income census tract (at time of initial investment)
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NUMBER OF BUILDINGS: | 6
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TOTAL NUMBER OF UNITS
RESIDENTIAL UNITS: | 27
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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
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AFFORDABILITY: | All units initially projected to be affordable
to moderate-income homebuyers
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TOTAL COSTS: | $5,601,424
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CRF CAPITAL (net to project): | $ 390,000
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