ACQUISITION AND FINANCING OF AFFORDABLE HOUSING:
DPI&C facilitated an acquisition and financing of six affordable housing properties on behalf of the Oak Park Residence Corporation (OPRC), a non-profit organization committed to providing affordable housing. Through this acquisition, 170 affordable apartment units were preserved in the Oak Park area and OPRC's existing multifamily portfolio grew by 30%. DPI&C worked closely with David Pope, President and CEO of OPRC negotiated and orchestrated the acquisition.
INVESTMENT IN 12-UNIT APARTMENTS IN AUBURN GRESHAM:
DPI&C invested in a distressed and vacant apartment building. Fully renovated twelve one- and two- bedroom apartments are now available to rent to market rate and voucher-holding residents in the Auburn Gresham neighborhood.
ONGOING CONSULTING SERVICES TO MIRO DEVELOPMENT:
DPI&C is providing operational, fundraising, development and financing consulting services to a growing development firm located in Bridgeport. Miro has over 250 units under renovation and management. “Jeanne’s vision for Chicago’s most resilient neighborhoods aligns well with Miro’s. She has provided sound, valuable advice on our projects and activities,” said Michael Altheimer, CEO of Miro Development.