KLEO Art Residences – Chicago, IL
Imagine Group’s leadership has improved more than 36 units of single-family and 72 units of multi- family housing for income-eligible households. The firm has used Section 8 funds to provide rental housing for over 150 families and individuals. Imagine Group has experience with a variety of funding resources including Low Income Housing Tax Credits, Historic Tax Credits, Employer Assisted Housing, Cook County Class 9, Housing Trust Fund, Community Land Trust, Tax Increment Financing and other programs to support creation or rehabilitation of affordable and workforce housing.
In addition, Imagine Group has successfully negotiated the sale of 32 single-family residences and 38 multi-family residences. Imagine’s ability to work with prospective homebuyers to ensure they are qualified by a reputable finance company has been invaluable to our ability to dispose of rehabbed properties.
Imagine Group has the breadth and depth of experience to successfully manage complex redevelopment efforts. The firm’s leadership has a longstanding relationship with City of Chicago, private developers and other non-profit organizations that serve the targeted geography, which enables the firm to address specialized needs and opportunities. Imagine’s leadership has a successful track record of budget management and staying on target for construction time-lines. This experience speaks to the capacity to diligently budget and manage development processes from start to finish while adhering to project time-lines.