Mayor Rahm Emanuel, Housing and Urban Development (HUD) Secretary Julian Castro and Acting Chicago Housing Authority (CHA) CEO Eugene Jones, Jr. opened the second completed phase of Park Boulevard which now totals 475 mixed income housing units, continuing of the revitalization of the Bronzeville community at the former Stateway Gardens public housing site. This portion of the second phase has 108 total mixed-income units of which 37 are market rate, 34 affordable and 37 public housing units, bringing the total to 475 units at Park Boulevard.

“Park Boulevard represents more than just new homes — it’s also a source of new hope and new promise for the Bronzeville community. With passion and purpose, Chicago’s leaders are doing incredible work to enhance neighborhoods and help residents build better lives for themselves and their children. HUD looks forward to continuing to support all the visionary efforts occurring in this great city to ensure that opportunity is within reach of every community today, tomorrow, and for generations to come.” said HUD Secretary Julian Castro

Park Boulevard and other CHA redevelopment sites are part of Mayor Emanuel’s Five Year Housing Plan, which will invest $1.3 billion in spending to create, improve, and preserve more than 41,000 units of housing by 2019. Since 2012, City of Chicago affordable housing initiatives have provided approximately $1.1 billion in public funds toward the creation and rehabilitation of more than 27,000 units of affordable housing.

“This new phase of development at Park Boulevard will complement Bronzeville’s vibrant community,” said 3rd Ward Alderman Pat Dowell. “I anticipate additional modern, market-rate and affordable housing options and retail opportunities to come to the Third Ward as a result of this development.”