News & Awards

News & Awards

News & Awards

Press:

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…
Read More

Federal Home Loan Bank Features PhilHaven

Cullen Davis and the PhilHaven project were featured in in Federal Home Loan Bank of Chicago’s 2014 Annual Report, entitled “You Are The Solution.”

Apartments for Homeless Open in Downtown Muncie

MUNCIE – Construction is winding down on an $8.4 million downtown apartment building that was chased out of a southside neighborhood. One of the tenants is an alcoholic man suffering from mental disorders/brain injuries who had been sleeping behind some shrubbery near the front entrance of a building along Tillotson Avenue. Walnut Commons, at Walnut…
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Photo Tour of Walnut Commons

13 Women Move from YWCA to Walnut Commons

MUNCIE – Patty Murphy is one of the initial tenants to move into the new downtown Walnut Commons, the city’s first “supportive housing” project to combat homelessness. “Anything I can get help with, I’ll be willing to accept it,” said Murphy, 49, who suffers from depression, post-traumatic stress disorder and other hardships that landed her…
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Congressman Davis, Alderman Burnett Celebrate Evergreen Towers 1 Grand Opening

On October 27, 2014 elected officials and development partners met to celebrate the Grand Re-Opening of Evergreen Towers 1. CHICAGO – Congressman Danny K. Davis, Alderman Walter Burnett, and partners involved in the development of Evergreen Towers I joined residents today in a celebration of the grand opening of the 100-unit apartment building serving seniors…
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Rehab of Affordable Housing Building in Old Town Includes Solar Roof

OLD TOWN — A developer celebrated the significant rehabilitation of 100 affordable apartments for seniors and people with disabilities Monday. U.S. Rep. Danny Davis and Ald. Walter Burnett (27th) lauded the modernization of Evergreen Towers I as a step that will ensure residents in the area can remain in their neighborhood for years to come….
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HUD’s visit highlights strong partnership

A visit to the city of Gary by Housing and Urban Development Secretary Julian Castro highlighted the strong partnership Gary has forged with the federal government in its effort to revitalize the city. Castro, the former mayor of San Antonio, Texas joined the Obama administration in July and Gary is one of the first cities…
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Supportive Housing for Veterans Breaks Ground in Muncie, IN

Supportive Housing for Veterans Breaks Ground in Muncie, IN June 4, 2014 Mayor Dennis Tyler welcomed the community to the Walnut Commons ground breaking ceremony on May 29th, and read a proclamation stating at the City of Muncie is committed to ending homelessness and sees permanent supportive housing as one of the most critical elements…
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Walnut Commons Groundbreaking in Muncie

Time-lapse video of the groundbreaking ceremony for Walnut Commons in Muncie, Indiana. The project is an $8.3 million supportive housing development dedicated to serving disabled veterans.

Walnut Commons in Muncie, Indiana serves veterans of disability, need

MUNCIE, INDIANA (NEWS) – Jose Gaiten liked the new neighbor that will provide housing and help to veterans with disability, age or those without a home. Walnut Commons will be that place across from American Legion Post 19 at Walnut and Wysor, where the old Muncie Armory stood more than 30 years ago. Also home to…
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Long planned Muncie housing project moves forward

MUNCIE, Ind. (AP) – Work is due to begin within a month on a Muncie housing project aimed at providing housing for people in need of support services such as some veterans, disabled and people at risk of being homeless, officials said. The Indiana Housing and Community Development Authority recently awarded the project, called Walnut…
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Edgewater Systems’ South Shore Commons Opens in Gary – Changing Lives

    A ribbon cutting ceremony was held on Tuesday, January 28th, for Edgewater Systems’ new South Shore Commons facility in Gary, Indiana – a 60-unit, two-story, permanent supportive housing development managed by behavioral healthcare experts who strive to enhance the lives of homeless and mentally ill individuals.  Construction began on the building in spring of…
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Governor Quinn Announces 5,000 Affordable Rental Homes Financed in 2013

FOR IMMEDIATE RELEASE: December 27, 2013 Governor Quinn Announces 5,000 Affordable Rental Homes Financed in 2013: State Support Enables Creation and Preservation of Quality Housing, Creates Jobs Across State CHICAGO – Governor Quinn today announced that the Illinois Housing Development Authority (IHDA) provided more than $471 million in financing this year to make 5,000 quality…
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Gary Breaks Ground on South Shore Commons Project

GARY | The groundbreaking of the South Shore Commons was held Wednesday in the City of Gary. Edgewater Systems and partners will build a 60-unit, two-story permanent supportive housing development on the vacant property located east of Grant St. on 20th Ave., between Lincoln and Pierce streets in Gary. “Today’s groundbreaking is a prime example…
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Supportive Housing Funded in Muncie, IN

The Indiana Housing and Community Development Authority announced the award of Low Income Housing Tax Credits for 20 developments at their board meeting this morning. Walnut Commons, a 44 unit supportive housing development in Muncie for those experiencing chronic homelessness, including Veterans, was on of the stellar projects funded. Meridian Health Services  partnered with Daveri Development on…
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Downtown to get Supportive Housing Project

MUNCIE — After being rejected on the south side, Muncie’s first proposed “supportive housing” project met with no opposition downtown. No one appeared against the 44-unit, $7- million apartment building planned at Wysor and Walnut streets when the Metropolitan Board of Zoning Appeals voted on the project recently. Mayor Dennis Tyler, the Muncie Redevelopment Commission…
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Palatine to consider housing for people with mental illness, disabilities

Motivated by the severe shortage of facilities and undeterred by resistance in two nearby suburbs, several organizations have banded together to propose a permanent supportive housing development in Palatine. Catherine Alice Gardens would replace the vacant warehouse at 345 Eric Drive near downtown and feature 33 studio, one- and two-bedroom leased apartments for low-income individuals…
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Affordable Housing Planned in Lawndale Neighborhood

A venture led by developer Cullen Davis is trying to line up financing for an affordable-housing project in the city’s Lawndale neighborhood, a stiff task given the limited amount of low-income housing tax credits that help fund such projects. Mr. Davis, son of politically connected Chicago investor and developer Allison Davis, wants to develop a 49-unit…
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Mentally ill say more suburban housing options needed

Mental illness has taken precious things away from Amanda Guagenti. She’s trying to get some of them back. The symptoms — depression, extreme anxiety, delusional thoughts — first appeared while Guagenti was in college roughly a decade ago. They got worse after she graduated and started a life in Nevada with her boyfriend and young…
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New apartments proposed near downtown Muncie

MUNCIE — A Chicago developer has picked a new location for Muncie’s first “supportive housing” project, a proposed $7 million, 44 unit apartment building focused on preventing and ending homelessness. In March, Daveri Development Group withdrew its application to the Metropolitan Board of Zoning Appeals for its project on a 2.4-acre vacant lot on South…
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Myers Place gets big welcome from Mount Prospect

The groundbreaking for Myers Place in Mount Prospect last week was treated as a celebration — as Myers will be the first such building in the Northwest suburbs to offer affordable housing for individuals who are disabled, mentally ill or formerly homeless, who can live independently. The $13.2 million Myers Place, being built at Dempster…
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Mount Prospect supportive-housing project to break ground

Construction will begin Monday in Mount Prospect on a supportive-housing project that is likely to be the first of its kind in the Northwest suburbs. Myers Place, as the development is called, will serve people who have a disability or mental illness but can live independently. A groundbreaking ceremony will be held Monday at the…
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Mt. Prospect supportive housing facility draws 150 hopeful applicants

There was a time when leaving the comfort of home — even to retrieve empty garbage bins — proved too overwhelming for Brian Geyer. The former Streamwood resident sometimes risked getting a citation from the village, unable to confront his paralyzing fear. Geyer, who’s diagnosed as having bipolar disorder, mild autism and social anxiety, has…
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New Development Welcomes Home Warren County Families Living on Limited Budget

MONMOUTH – A retiree raising her disabled grandson, Janice Painter has found something she never thought possible: a new two-bedroom rental home she can afford on her limited income. “Moving into a new home that I can decorate my way,” said Painter. “Our new home is close to medical care yet far enough away to…
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Mount Prospect OKs apartments for disabled, mentally ill residents

Mount Prospect officials unanimously approved a final plan Tuesday for a mixed-use affordable housing development largely for mentally ill residents at the corner of Busse and Dempster roads. Approval of the Meyers Place project comes about 18 months after Arlington Heights leaders rejected a similar plan from the same developer, leading to an ongoing federal…
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News:

Walnut Commons Grand Opening Photos

 

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…
Read More

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…
Read More

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…
Read More

Federal Home Loan Bank Features PhilHaven

Cullen Davis and the PhilHaven project were featured in in Federal Home Loan Bank of Chicago’s 2014 Annual Report, entitled “You Are The Solution.”

13 Women Move from YWCA to Walnut Commons

MUNCIE – Patty Murphy is one of the initial tenants to move into the new downtown Walnut Commons, the city’s first “supportive housing” project to combat homelessness. “Anything I can get help with, I’ll be willing to accept it,” said Murphy, 49, who suffers from depression, post-traumatic stress disorder and other hardships that landed her…
Read More

Congressman Davis, Alderman Burnett Celebrate Evergreen Towers 1 Grand Opening

On October 27, 2014 elected officials and development partners met to celebrate the Grand Re-Opening of Evergreen Towers 1. CHICAGO – Congressman Danny K. Davis, Alderman Walter Burnett, and partners involved in the development of Evergreen Towers I joined residents today in a celebration of the grand opening of the 100-unit apartment building serving seniors…
Read More

Supportive Housing for Veterans Breaks Ground in Muncie, IN

Supportive Housing for Veterans Breaks Ground in Muncie, IN June 4, 2014 Mayor Dennis Tyler welcomed the community to the Walnut Commons ground breaking ceremony on May 29th, and read a proclamation stating at the City of Muncie is committed to ending homelessness and sees permanent supportive housing as one of the most critical elements…
Read More

Awards:

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…
Read More

Federal Home Loan Bank Features PhilHaven

Cullen Davis and the PhilHaven project were featured in in Federal Home Loan Bank of Chicago’s 2014 Annual Report, entitled “You Are The Solution.”

National Alliance on Mental Illness “2012 NAMI Illinois Heroes Award”

Cullen Davis named to “40 under 40” list, Crain’s Chicago Business, 2003