Riverdale's Employer-Assisted Housing Program; CHA Plan for Transformation - Metropolitan Planning Council

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Riverdale's Employer-Assisted Housing Program; CHA Plan for Transformation

From MPC's November 2002 Media Tips

Riverdale rolls out employer-assisted housing program

Employer-assisted housing (EAH) is gaining momentum in the Chicago metropolitan area.  Riverdale, a community of nearly 20,000 people just 23 miles south of the Loop, is the latest to offer EAH to its employees.  Riverdale Mayor Zenovia Evans, co-chair of the Metropolitan Mayors Caucus Housing Task Force, has been a leader in the effort to promote EAH.  Riverdale will partner with the Regional Redevelopment Corporation, a local nonprofit organization with experience in homeownership counseling and home rehabilitation.  The Riverdale EAH program aims to help five employees buy homes in the Village by offering $5,000 toward down payment and closing costs.  Eligible employees may access up to an additional $5,000 of state matching funds.  All participating employees will benefit from credit counseling and homeownership education provided by the Regional Redevelopment Corporation.

According to Mayor Evans, EAH is a way to encourage investment in the community. “Our village does not have a residency requirement for employees,” she said,  “so we hope the program will encourage municipal employees to live in Riverdale. EAH is a positive incentive; a win-win situation for everyone.”  The Village hopes its EAH program will serve as an example for other south suburban employers.

Contact:  Samantha DeKoven
Housing Associate

MPC assesses CHA plan for redevelopment

The latest in MPC’s series monitoring the progress of the Chicago Housing Authority’s Plan for Transformation, “Examining the Chicago Housing Authority’s Redevelopment Strategy,” focuses on issues that will determine the effectiveness of the redevelopment plan.  These include timing, land availability, decision-making and financing.  The report looks at six sites:  Lake Park Crescent and Jazz on the Boulevard (North Kenwood /Oakland); Henry Horner, Rockwell Gardens and ABLA Homes (Near West Side); Madden Park/Ida B. Wells/Darrow (Douglas and Oakland).

The goal of the CHA’s Plan for Transformation is to develop public housing in mixed-income and pedestrian-friendly communities that are neither isolated nor insulated from the city as a whole.  This means ensuring that new public housing development addresses and works to mitigate the historic causes of racial, economic and spatial segregation.

Contact:  Robin Snyderman
Housing Director

For the complete November 2002 Media Tips, click here

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