National Equity Fund

5150 Northwest Highway Apartments Wins 2023 CNDA Non-Profit Real Estate Development Award

2022 SV Jefferson Park (1)
June 27, 2023

Congratulations to our partners at Full Circle Communities (FCC) on winning the 2023 Richard H. Driehaus Foundation Award for Non-Profit Real Estate Development Award at the Chicago Neighborhood Development Awards for 5150 Northwest Highway Apartments in Jefferson Park!

The 5150 Northwest Highway Apartments in Jefferson Park is a new construction affordable housing development by FCC. This development provides access to housing that is transit-oriented, focuses on a mixed-income resident pool and accessible for people with disabilities, veterans, seniors and low-income families. FCC noticed that accessibility was a major issue in Jefferson Park with more than 90 percent of housing units not being wheelchair accessible and limited options for the 2,820 residents with disabilities.

Completed in February 2022, 5150 was intentionally designed to reflect the extremely diverse housing needs in the Jefferson Park neighborhood and has everything from studio to three-bedroom units. Now, not only do 75 households have a state-of-the-art building to call home, but 5150 is paving the way for more affordable housing development on Chicago's Northwest side.

Congratulations to all the winners and their positive contributions to their communities in Chicago!

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