2022 Residential Development that Best Exemplifies Major Community Impact
Major Jenkins Apartments
Developer: Mercy Housing Lakefront
The Major Jenkins Apartments in Chicago’s Uptown community is a rehabilitation of two buildings–the 77-room Hotel Surrey and the 83-room Warren Hotel, which were built in 1924 and 1925, respectively–that now provides supportive housing to 156 residents who have experienced homelessness and/or have a disability. Developer Mercy Housing Lakefront updated the residential units, created new common area spaces, redesigned existing common area space and added amenities including Wi-Fi, air conditioning and more.
The Major Jenkins is one of 12 permanent supportive housing properties operated by Mercy Housing Lakefront in Chicago, each of which combines affordable housing and voluntary supportive services. The preservation was a rolling rehabilitation, with residents temporarily relocated while their section of the building was under construction.
Without the investment of $2.6 million in HTC equity from RBC Capital Markets (in addition to $6.8 million in LIHTC equity), the development would have faced difficulty closing.