Grantmaking public charityEIN 471656765
HOMESTEAD AFFORDABLE DEVELOPMENT CORPORATION
CHICAGO, IL 60654
Total Assets
—
FY 2020
Annual Giving
$1.8M
FY 2020
Grants Made
28
FY 2020
Avg Grant
$65K
FY 2020
Grant Range
—
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
$696KTHE BOULEVARD PROJECT: Homestead Affordable Development Company, a Chicago 501(c)(3) affordable housing developer, in partnership with The Boulevard, a Chicago 501(c)(3). is seeking to build a nine - unit pilot project located at 401 N Monticell o in Chicago, IL with two end goals: i) to demonstrate the feasibility of using up-cycled high-gauge steel framing to produce housing; and, ii) to provide permanent supportive housing for The Boulevard's, homeless clients. This project will produce nine units of 640 sq. ft. one-bedroom apartments at a roughly 25% or more in cost savings and in approximately half the construction time of a traditional new construction project. This project will create architecturally and esthetically beautiful new housing that is environmentally friendly as well as energy efficient.
Program 2
$464KPROGRAM DEVELOPMENT: HADC purchased the lot located at 401 N Monticell o in Chicago, IL and has subsequently donated it to HE INTERFAITH HOUSING DEVELOPMENT CORPORATION OF CHICAGO, an Illinois not-for-profit corporation.
Financial Snapshot
2020 filing
Total Revenue
$242K
Total Expenses
$2.0M
Top Recipients
28 grants
Grant Size Distribution
28 grants
Geographic Focus
5 states
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