NEF is honored to have invested in four (4) affordable housing developments recognized as Affordable Housing Tax Credit Coalition's (AHTCC) 2024 Charles L. Edson Award Winners.
These developments were selected along with 6 others in 10 categories. Read more about each of these impactful developments below!
Check out NEF's 4 Award Finalists Recognized in the AHF's 2024 Readers' Choice Awards
Located in the Sheridan Park Historic District of Chicago's Uptown neighborhood and built in 1925 as a hotel, the Carlton Apartments were transformed in 2022 from 70 single room occupancy units into 68 studio apartments for individuals struggling with homelessness and/or residents with special needs. The historic building with its Collegiate Gothic architecture was first renovated and converted into permanent supportive housing in 1993. Mercy Housing led the current rehabilitation and reconfigured the first floor to increase common area amenities, and modernized the units in the building, especially kitchens, bathrooms and common areas. The Carlton Apartments legacy of providing affordable homes to extremely low-income Chicagoans experiencing chronic homelessness and disabilities will continue well beyond its 100-year-anniversary.
Millworks Family Housing (MFH) is an innovative Public-Private partnership that provides 83 units of energy-efficient, permanently affordable family housing restricted at 30 percent, 50 percent, and 60 percent of the Area Median Income (AMI), including 15 units serving formerly homeless households. Located in the Port of Bellingham’s waterfront redevelopment district in the heart of downtown Bellingham, Washington, MFH is one of the first of a multi-year, multi-phase development, Mercy Housing Northwest (MHNW) and the city worked closely to integrate the project into a larger master plan. More than half the units are much-needed family-sized 2 and 3-bedroom units, and MHNW provides on-site resident services in the building, with a special emphasis on out of school time and educational programming. The ground floor is home to a six-classroom Early Learning Center operated by the YMCA of Whatcom County.