In June of 2015, CHA received one of the largest RAD awards in the country, obtaining a portfolio award for 10,937 units. To date CHA has converted more than 5,000 residential units across 28 transactions. CHA has been able to forge new partnerships with lenders and investors, garnering additional private funds for improving properties in their portfolio and delivering new mixed-income housing across the City to accomplish RAD and MTW goals. Across Chicago’s 28 closed RAD transactions, the Housing Authority will perform $456 million in hard construction.
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