In 2018, New Moms is breaking ground on a new building to provide housing and support to families. The building will include 18 apartments for permanent supportive housing, and program space for community education, parenting support, and offices.
Building Features:
21,700sf over four stories
1st floor includes program, office, and education space, and children’s play area
2nd – 4th floors include 18 apartments with a mixture of one and two bedroom layouts Near transportation, schools, and community assets to support families Located only 1.5 miles from New Moms’ Transformation Center
Financial Model:
Total budget: $7.25 Million
Funding from Illinois Housing Development Authority: $5.9M
Capital Campaign: $1.35M
Rental subsidies for apartments for ongoing operational costs