Becovic Management Group Partners with POAH to Enhance Affordable Housing on the Northside
Chicago, IL – January 2, 2025 – Becovic Management Group, a longstanding leader in Chicago’s residential property management sector, is proud to announce a strategic partnership with the Preservation of Affordable Housing, Inc. (POAH) to support the $27 million renovation of the Heart of Northside Apartments. This initiative furthers both organizations’ shared mission of preserving and improving affordable housing in the city.
The Heart of Northside Apartments, comprising 103 units across five properties at 927 W. Wilson, 900 W. Windsor, 847 W. Sunnyside, 4437 N. Clifton, and 4130 N. Kenmore, will undergo extensive renovations beginning next year.
Partnership Highlights:
- Becovic will leverage its deep local expertise to assist with resident relocation and property management during the renovation process.
- The collaboration will prioritize minimizing disruption to residents and ensuring they can return to upgraded homes upon project completion.
- Becovic’s management team se will coordinate with POAH to maintain affordability while enhancing living conditions and amenities.
“This partnership underscores our commitment to sustaining and enriching the communities we serve,” said a spokesperson for Becovic Management Group. “By working with POAH, we can ensure that Northside residents continue to have access to high-quality, affordable housing in a thriving neighborhood.”
The planned renovations include upgrades to interiors, central air installation in most buildings, and improved community spaces. Construction will commence at 927 W. Wilson in January 2025, with the project slated for completion by the end of the year.
A Shared Vision for Affordable Housing
The partnership between Becovic and POAH aligns with both organizations’ goals of maintaining housing affordability while fostering community growth and sustainability. With Becovic’s decades of experience in managing multifamily housing on Chicago’s North Side and POAH’s commitment to housing preservation, this collaboration is set to deliver meaningful, long-term benefits to Northside residents.
About Becovic Management Group
Becovic Management Group is a family-owned real estate company with over 50 years of experience specializing in residential properties on Chicago’s North Side. The company is committed to fostering community engagement and providing exceptional living experiences while preserving the character of the neighborhoods it serves.
About POAH
Preservation of Affordable Housing, Inc. (POAH) is a national non-profit organization focused on preserving and improving affordable housing. Since its founding in 2001, POAH has restored nearly 13,000 apartments across 11 states and the District of Columbia.