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MegadealsSubsidy Tracker Individual Entry
Company: Covenant House Illinois
Parent Company:
Subsidy Source: local
Location: Illinois
City: Chicago
County: Cook
Address: 2934 W Lake St
Project Description: Covenant House plans to renovate an existing building into a youth development center and transitional shelter. The project is comprised of 3 phases, (1) the renovation of the first floor to include a youth development center, community area and dining room, commercial kitchens, staff offices and other rooms, (2) the renovation of the 3rd floor to provide a transitional shelter with 40 beds, and (3) the renovation of the 2nd floor to provide an additional 20 beds of transitional housing and a community room.
Year: 2022
Subsidy Value: $2,700,000
Program Name: Chicago: Tax Increment Financing
Awarding Agency: Chicago Department of Planning and Development
Type of Subsidy: tax increment financing
Capital Investment: $5,743,579
Source of Data:
(click here)
Notes: Subsidy value is approved amount. Investment data is total projected project cost. Year is year credit approved.
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