Department of Planning and Development Banner
Supporting Information Facts

Department:

City Services

MMRP Success Stories:

West Humboldt Park (1)

West Humboldt Park (2)

Chicago Lawn

 

Also See:

Neighbor Stabilization Program (NSP)

Tax-Increment Financing (TIF-NIP)

Emergency Housing Assistance Program (EHAP)

Micro Market Recovery Program

The Micro Market Recovery Program is a neighborhood stabilization initiative targeting small geographic areas that are experiencing higher-than-normal problems with foreclosures.

In each area, the City of Chicago is working with sister agencies and community partners to re-occupy vacant residential buildings and to help existing residents remain in their homes.

The City of Chicago through its NSP program and TIF-Purchase Rehab initiative has subsidy money available for owner-occupants ready to buy or rehab a home in an MMRP area. The City also has forgivable loans available to help current owner-occupants make home repairs.

People interested in purchasing a home in an MMRP area, or considering repairs on an existing home, or need foreclosure prevention assistance, may reach out to the community partners in area for assistance.

Real estate developers interested in working in an MMRP area can contact Bryan Esenberg at the Department of Planning and Development: bryan.esenberg@cityofchicago.org.

Micro Market target area maps:

Auburn Gresham  Map
Greater Auburn Gresham Development Corp.
Neighborhood Housing Services of Chicago

Austin  Map
Austin Coming Together

Belmont Cragin - North  Map
Northwest Side Housing Center

Belmont Cragin - South  Map
Spanish Coalition for Housing

Chatham  Map
Neighborhood Housing Services of Chicago
Community Investment Corp.

Chicago Lawn Map
Southwest Organizing Project
Neighborhood Housing Services of Chicago

East Garfield Park Map
Garfield Park Community Council
Neighborhood Housing Services of Chicago

Englewood  Map
Neighborhood Housing Services of Chicago

Grand Boulevard  Map
Partners in Community Building

North Pullman  Map
Chicago Neighborhood Initiatives
Neighborhood Housing Services of Chicago

West Humboldt Park  Map
Neighborhood Housing Services of Chicago
W. Humboldt Park Family & Dev. Council
Bickerdike Redevelopment Corp.

West Pullman  Map
Chicago Neighborhood Initiatives
Far South Community Development Corp.
Neighborhood Housing Services of Chicago

West Woodlawn  Map
Community Investment Corporation
Neighborhood Housing Services of Chicago

 

 

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