Darul Amaan Senior Apts.
4814-58 N. Kedzie Ave.
Darul Amaan, which means “peaceful abode” in the Urdu language, is a $14 million, 56-unit affordable apartment complex for seniors earning up to 50 percent of area median income. Developed by Community Housing Partners XIV LP, the five-story structure in Albany Park includes one- and two-bedroom apartments as well as a community room, computer learning center, exercise room and an outdoor terrace.
DPD Assistance:
• $5.6 million loan
• $8 million tax credit equity
• Land write-down