POAH TURNS $30 MILLION TO $400 MILLION IN WOODLAWN
3/15/2017, noon | Updated on 3/15/2017, noon
(POAH) TURNS $30 MILLION TO $400 MILLION IN WOODLAWN
Chicago —Following the daily news headlines, you would think there
is little good happening in Chicago’s South Side neighborhoods. But when
you look closer, there’s more to the story.
In Woodlawn, for example, collaborative community development
investments and partnerships are having a dramatic impact on economic
vitality and quality of life. Population has increased 15% - the first increase
in decades -- new jobs are being created, the number of vacant properties has plummeted and violent crime has fallen by 40%.
The foundation for change was laid when Preservation of Affordable
Housing (POAH) was brought to the community in 2008 at the request of
tenants, advocates, the City of Chicago, and the United States Department
of Housing and Urban Development (HUD) to accomplish the demolition
and replacement of the 504-unit all Section 8 Grove Parc Plaza, which had
been on everyone’s troubled building list for years. While initially it was
a housing preservation and renewal project, in 2011 POAH, in partnership
with the City of Chicago, was awarded a $30.5 million Choice Neighborhoods
Grant by HUD which challenged them to use the funds and redevelopment
of housing as a springboard for community-wide renewal.
While the goal set for POAH by HUD was the achievement of $210 million in investment, POAH announced in a report released recently that by the end of 2016 (a year ahead of the finish of the grant) $400 million in new housing, retail, institutional and civic investment has been leveraged through their work.
“We knew that by taking down the foreboding old Grove Parc and replacing it with well-designed mixed income housing both on South Cottage Grove and in the neighborhood we would have a positive impact,” said POAH Chicago
Vice President Bill Eager. “That said, the results have surpassed even our
expectations – with long-standing partners, like the University of Chicago and new for- and non-profit groups making investments that both reflect and increase confidence in this great community,” added Eager.
The result of this investment has been striking. It includes new senior and family housing buildings, The Grant, The Jackson, and The Burnham; neighborhood amenities like MetroSquash, offering year round recreation and mentoring programs; and The Woodlawn Resource Center, providing job
placement and training services.
Together, in its newly released 2016 Progress Report, “Accelerating Community Renewal – In Woodlawn and Beyond,” POAH explores how the federal grant and the resulting developments have catalyzed investments from community partners like the University of Chicago, Greenline Development, KMW Communities, Robust Coffee, and others.
These investments in turn have sparked the community’s rebirth
and fueled additional commercial and residential opportunities that
are either underway or are heading to Woodlawn, including the Obama
“The story of what has taken place over the last several years in
Woodlawn is one of community involvement, collaboration, and partnership,” said Meghan Harte, executive director of LISC/Chicago, the
Chicago branch of the nation’s premier community development organization
intermediary. “POAH has forged a new template that can be used to revitalize
and renew neighborhoods across the country,” added Harte.
A copy of the report can be found at https://www.yumpu.com/ en/document/view/57194968/ accelerating-community-renewal-inwoodlawn-and-be.