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.
