News & Awards

News & Awards

Archive for the ‘Press’ Category

Walnut Commons Ribbon Cutting Celebration

MUNCIE – Mayor Dennis Tyler sees the new Walnut Commons apartment building for the homeless and the new Courtyard by Marriott hotel as downtown bookends. “Three-and-a-half years ago, people said ‘no’ to this,” Tyler said at a ribbon cutting and open house on Tuesday for the $8.4 million, 44-unit Walnut Commons. “Three-and-a-half years ago, people…
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Greenleaf Manor Featured in the Atlantic

GLENVIEW, IL—This town boasts stellar schools, two golf courses, a children’s museum, and the corporate offices of a handful of big companies, including Kraft Foods. Many wealthy, white communities like this one would not welcome an affordable housing development. Perhaps residents wouldn’t say so outright, but instead they might pass laws prohibiting apartment buildings or…
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Mental Health Advocates Hope Wheeling Apartments Just the Beginning

To Phillip Graham, Myers Place is more than just his home. The Mount Prospect apartment building is the place that brought back his self-esteem, helped him learn new abilities and give him a chance to be independent. A similar $17 million, 50-unit housing development called Philhaven broke ground Tuesday at 2418 E. Hintz Road in…
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Wheeling Supportive Housing Project Breaks Ground

Via Journal Online: Ground will be broken in Wheeling this week on a new apartment building designed to provide local residents with some extra support. Community leaders, funding partners and other guests were invited to a ceremony Tuesday (June 23) for the 50-unit PhilHaven development at 2418 E. Hintz Rd. Daveri Development Group and Elk…
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UP Development Awarded Federal 9% Tax Credits for Two New Developments

On June 18, 2015 Illinois Housing Development Authority announced the awards from the first round of 2015 LIHTC applications. UP Development was the recipient of allocations for two separate projects, totaling $1.72 million in federal low income housing tax credits. These allocations will generate approximately $18 million in private equity towards the construction of the…
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