Community Builders Delivers $44 Million Affordable Housing Community in Chicago

by Channing Hamilton

CHICAGO — The Community Builders has completed Canvas at Leland Plaza, a $44 million affordable housing property located in Chicago’s Lincoln Square neighborhood. Canvas at Leland Plaza consists of 63 units. The Chicago Housing Authority (CHA) is providing funding for 16 of the units through its project-based voucher program, representing an investment of more than $13.3 million over the next 30 years. 

Shared amenities at the complex include package and bike rooms, storage space, a resident lounge and terrace. The property also offers commercial space, outdoor seating and parking.

Financial partners for the development include the City of Chicago, the CHA, CIBC, Stratford Capital Group, Benefit Chicago and ComEd. DesignBridge was the architect, and Leopardo Cos. and KMW Communities served as general contractors.

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