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$46 million Chicago project brings 51 affordable homes

Fueled by city taxpayers, a newly-completed $46 million project is adding 51 affordable homes to Chicago’s Back of the Yards neighborhood.

Officials cut the ribbon on Friday at United Yards 1A. According to Mayor Brandon Johnson’s office, the city provided up to $25 million in tax-exempt bonds, approximately $14.5 million in tax increment financing funds, and Chicago Recovery Plan resources…

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