Overview
- City and project leaders held a ribbon-cutting Wednesday for Earle Residences, the $34–35 million conversion of the former Charles Warrington Earle School into 50 apartments.
- Most units are targeted to households at about 60% of area median income with examples given for single-person and family income limits, and nine apartments carry deeper MAUI subsidies for very low-income tenants.
- The redevelopment used layered financing including tax increment funds, Chicago Recovery Plan supportive-housing dollars, IHDA support, the Federal Home Loan Bank program, and utility contributions.
- Gorman & Co. partnered with the Phoenix Foundation and Phoenix Recovery Services to provide on-site supportive services for residents and the building includes a community room, computer lab, fitness room, laundry, playground, garden, and energy-efficiency upgrades.
- The project preserves the 1897 National Register-listed building and is presented as part of a wider city push to reuse dozens of shuttered CPS properties that sat vacant after the 2013–2014 closures.