NASCO Properties Inc.
Loan Category:
Housing
Loan Amount:
$1,022,495
Loan Type:
Housing Cooperative Loan
Community Area:
Hyde Park
Description:
A housing cooperative loan for NASCO Properties allowed them to acquire three residential properties located in the Hyde Park community. NASCO provides affordable, shared housing for undergraduate and graduate students of University of Chicago, as well as for other single working people. This structure provides for the creation of a strong community atmosphere and the opportunity to participate in the governance and ownership of housing.
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