12/4/2019
Rock Island-based Community Home Partners is pleased to announce the non-profit has secured the required funding to demolish and redevelop Lincoln Homes into Lincoln Residences. This new neighborhood includes the construction of 46 duplex and single-family homes for rent. The one and two-story homes feature one, two, three, and four-bedrooms, granite countertops, energy star stainless appliances, washer and dryer, luxury vinyl plank floors and window treatments. The new development will incorporate environmental and engineering components to achieve a Green Certification. Construction will begin in early 2020, with redevelopment taking up to twenty-four months to complete.
Located in the community heart of the New Old Chicago neighborhood, Lincoln Residences represents a $13 million investment in the Rock Island community and compliments previous New Old Chicago investment creating a highly visible perception of continued improvement to the area.
“The demolition and redevelopment of Lincoln Homes will have a huge positive impact on the revitalization efforts of the New Old Chicago neighborhood and is a significant step toward Community Home Partners realizing its vision to provide quality housing to the citizens of Rock Island,” says Mr. Vern Winter, Chairman of the Rock Island Housing Authority Board of Commissioners.
This neighborhood-friendly arrangement will enhance the walkability of the neighborhood, furthering the positive momentum that previous redevelopment efforts have created in the west-end community. Additionally, Lincoln Residences will attract and retain working families to the community while offering a right-of-return to all 37 Lincoln Homes residents who were relocated in June as part of the redevelopment effort.
“The redevelopment of Lincoln Homes has been an important goal for us for a long time. It will be a wonderful improvement for the neighborhood and add much needed quality homes for the families living there,” says Susan Anderson, CEO, Community Home Partners.