National Equity Fund

Hope Manor Village

Chicago, IL

Jobs Created: 10
Jobs Year One: 43

Hope Manor Village replaces abandoned and foreclosed homes with high-quality affordable rental opportunities for Englewood residents and individuals and families (veteran preference). This development focuses on revitalizing both the infrastructure and aesthetics of the 10 surrounding blocks of Hope Manor II. Completed in 2021, 16 vacant lots are now home to 36 apartment units in a series of 2- and 3-flat buildings. Rents are affordable to households earning between 15-30 percent of the Area Median Income (AMI), for which five units are set aside for households with income at or below 15 percent AMI, five units at or below 30 percent AMI, and 10 of the 36 units are designated for the lowest-income households with housing vouchers through the Chicago Low-Income Housing Trust Fund’s MAUI program. Nine units are designed to support physically disabled and/or other special needs and will target the Veteran population. Residents have access to services including case management, counseling, peer support groups, financial literacy classes, health and wellness support, employment support and crisis intervention support. Hope Manor Village was spearheaded by the Volunteers of America Illinois and Volunteers of America National Services. NEF invested just over $10 million of LIHTC equity into the development.

Project Details:

Population Served:
Family,Special Needs
Total Units:
Mix of Residences:
2 Bedroom (36)
Net Equity:
Credit Type:
Total Project Costs:
Volunteers of America of Illinois
Property Manager:
Volunteers of America of Illinois
Worn Jerabek Wiltse Architects, P.C.
General Contractor:
Joseph J. Duffy Co.

View More Veterans Developments

Terwilliger Place (formerly Post West Nine)

Terwilliger Place (formerly Post West Nine)

Arlington, VA

Located only 1,500 feet from the Virginia Square-GMU Metrorail station, Lucille and Bruce Terwilliger Place is a 160-unit affordable rental community featuring a contemporary 6,000-square-foot ground floor space for American Legion Post 139. In response to an aging facility and diminishing membership, the members of the American Legion Post 139 selected developers Arlington Partnership for Affordable Housing (APAH) to redevelop their site in Virginia Square to create affordable apartments and a new, modern Post facility. The certified EarthCraft Gold building also includes community and multi-purpose spaces, a counseling office, and a business center. Terwilliger Place has a 50 percent veteran preference, and 26 units are deeply affordable to households earning 30 percent of the area median income (AMI).

As veterans continue to get priced out of Arlington, APAH saw a need to serve the individuals who had dedicated their lives to serving their nation. Now, in the heart of Arlington County, veterans can enjoy living in a community made for them. With nearby shops, access to transportation, community amenities, and supportive services, veterans can feel empowered to build and thrive in a new, safe, and stable home. This community serves as a replicable model for veterans services organizations in the middle of a town with a large veteran presence, which can influence potential developers and veterans services organizations alike.

Bruce and Lucille Terwilliger Place is the 2023 AHF Readers’ Choice Winner in the Urban category. This development won the 2023 CoStar Impact Award for Multifamily Development of the Year.

Return to Developments