Island Terrace Apartment
Island Terrace Apartments
6430 S Stony Island Ave
The City of Chicago Department of Housing (DOH) proposes to provide construction financing to Island Terrace Apartment for the rehabilitation of the current high-rise building located at 6430 S Stony Island Avenue in Chicago, Illinois. The undertaking will be funded, in part, by U.S. Department of Housing and Urban Development (HUD) HOME Investment Partnership Program (HOME) grant funds through the DOH Multifamily Loan Program. Since the undertaking involves a federal grant program, HUD requires federal environmental review, including review requirements for historic resources.
In accordance with 24 CFR Part 58, the City of Chicago Department of Department of Assets, Information, and Services (AIS) has received HUD delegated authority to provide environmental review responsibilities under the National Environmental Policy Act. AIS is the Responsible Entity for the environmental review of the proposed undertaking and is acting as the Agency Official with respect to Section 106 of the National Historic Preservation Act.
The proposed undertaking was previously determined eligible for listing in the National Register of Historic Places (NRHP). On December 22, 2022, the Illinois State Historic Preservation Office (SHPO) determined that the proposed rehabilitation and building expansion and alterations of the subject building and associated structures would constitute an adverse effect to historic resources.