National Equity Fund, Inc. National Equity Fund, Inc.

Extraordinary things happen when you have great partners
Since 1987, National Equity Fund® has invested more than $13 billion revitalizing neighborhoods,
fostering economic growth and creating affordable sustainable housing.

Town Hall Apartments

Town Hall Apartments

Senior Housing

Located in Chicago’s Lakeview neighborhood, Town Hall Apartments is the adaptive re-use of an historic police station and a new six-story addition for use as affordable residences for LGBT seniors 55 plus earning between 50-80 percent of Area Median Income.

The bright modern apartments, most with city views, consist of 30 studios and 49 one-bedrooms and have floor-to-ceiling windows, dishwasher, garbage disposal, microwave and blinds. Common amenities include a fitness room, computer lab, family dining room for small gatherings, laundry facilities on each floor, a landscaped rooftop terrace and secure bike parking.

Residents benefit from on-site management and service providers who arrange meal service, social outings, access to medical and mental healthcare, support groups, art programs, educational workshops and fitness activities. Lake Michigan beaches and parks are nearby as are medical, retail and religious facilities.

Town Hall Apartments achieved a LEED-NC Silver rating for its eco-friendly elements, which include green roofs, geothermal heat pump system, high-value insulating walls with internal shades, low-energy fluorescent and LED lighting and solar hot water system.

Town Hall is sponsored by Heartland Housing and the Center on Halsted, the Midwest’s largest community center dedicated to building and strengthening the LGBT community. National Equity Fund® invested $15 million of LIHTC equity in Town Hall.


Project Details

Completed
2014
Location
3600 N. Halsted Street
Chicago, IL
Project Type
Elderly
Total Units
79
Mix of Residences
30 studio; 49-1 br
Limited Partnership
Halsted, LP
Tax Credit Equity
$15 million
Total Project Costs
$26.7 million
Sponsor
Heartland Housing, Inc.
Center on Halsted
Permanent Lenders
Citicorp Bank
City of Chicago Department of Housing
Heartland Housing, Inc.
Awards
2015 Readers’ Choice Award Finalist
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