HUB Housing Cooperative
Borrower:
HUB Housing Cooperative
Community Value:
Creating affordable sustainable housing for residents and developing a model of enviornmentally responsible living and alternative transportation.
Loan Product:
Cooperative Housing Minpermenant Mortgage
Project Completion:
Summer 2009
Amount:
$615,000
Location:
Little Village, Chicago
Narrative:
The $615,000 mini-permanent mortgage for HUB’s building supports a residential co-op whose members advocate for the increased use of bicycles as environmentally sound transportation. HUB provides affordable housing to its resident members and enables them to practice and model sustainable living. Their building incorporates a living roof.
More Information:
HUB Housing Cooperative Blog 
