Chicago wins $20 million housing grant

September 26, 2008 2:50:28 PM PDT
Housing and Urban Development Sec. Steven Preston visited with Mayor Daley Friday and announced that Chicago has won $20 million in a federal grant.The two toured a new mixed-income community called Park Boulevard. It replaces the former Stateway Gardens housing project.

The grant will pay for affordable and market-rate home ownership and rental units, plus a park, field house and swimming pool.

HUD Secretary Preston praised Chicago's achievements, and called the city a national hallmark for public housing transformation.