Chicon Corridor will be a mixed-use development consisting of at least 30 units of affordable ownership housing with commercial/retail space on the ground floor.  The Chestnut Neighborhood Revitalization Corporation has acquired three parcels near 13th and Chicon Streets with the intention to help transform a troubled area into an attractive and stable community.

                                           

Development: Chicon Corridor
Award Recipient Chestnut Neighborhood Revitalization Corp.
Development Profile: Acquisition and develoopment for homeownership
Total Housing Units: 33
Investment Impact: 33 Homeownershipo units
Affordability: 33 units at 99 years
Location: 1212, 1301, 1305, 1309 Chicon and 1807 E. 13th St.
Source of Funds: General Obligation Funds
Amount Awarded: $1,375,268
Date Approved by AHFC Board: March 8, 2012
Project Status: Groundbreaking Ceremony held; Project underway.