“Developers are seeking highly competitive tax credits to build supportive housing for domestic violence survivors at the existing Fifth Third Bank building in North Center.
This is the latest pitch from developers Ravine Park Partners and Brinshore Development, who have partnered with Apna Ghar, a human rights nonprofit that provides holistic services and advocacy in immigrant communities.
“The proposal would convert the existing bank building at 3959 N. Lincoln Ave. into housing with wraparound services for survivors who have moved out of temporary emergency housing and are in the process of rebuilding their lives, said The Network’s housing advocacy director Jaclyn Koriath.
“The current plan would also convert the bank parking lot at 3950 N. Damen Ave. into market-rate apartments with commercial space, developers said.
“The project would require a zoning change and signoff from Ald. Matt Martin (47th) and other city panels to move forward, developers said.” (Hernandez, Block Club Chicago, 12/15/23)
Both the original Lincoln Trust & Savings Bank, located across the street at 3936 N. Lincoln Avenue and the Art Deco limestone bank building should both be considered for Chicago Landmark Designation.