NSP Project Updates: Construction Complete at Two Sites, Construction Begins at a Third

Construction is complete at two Neighborhood Stabilization Program sites where FitzGerald provided architectural services, at 7953 S Vernon (pictured left) and 7014 South Kimbark, both located in Chicago’s Grand Crossing neighborhood. Both projects were completed for Celadon Holdings. The 16- and 4-unit buildings, respectively, were financed through the Federally-funded Neighborhood Stabilization Program, administered in the City of Chicago by Mercy Portfolio Services.
Both properties had been largely vacant for a number of years, and underwent extensive interior renovations to place much-needed affordable housing back into service. Energy efficiency and sustainability of these renovations were primary goals for the NSP, and both projects focus on improving the efficiency of the building envelopes and selection of sustainable construction and finishes that promote healthy interior environments.
Construction is also beginning on a third NSP site also for Celadon Holdings at 1015 North Pulaski, a renovation of a 30-unit building with ground-floor commercial space in the Humboldt Park neighborhood.
The Neighborhood Stabilization Program (NSP), funded by Federal legislation and administered through the Department of Housing and Urban Development, seeks to acquire and rehabilitate affordable housing units in targeted areas of cities across the country. To date, the City of Chicago has been awarded over $169 Million in funding to go toward administering this initiative.