Finding an apartment in Chicago can be a challenging task, especially for low-income families and individuals. However, for some residents, the real challenge lies in keeping their current apartment. This is the case for residents of the Leland, a single-room occupancy (SRO) apartment building in Uptown, where almost 140 units are at risk of displacement due to ongoing foreclosure proceedings.
Residents like Stephan, who has been renting a room in the Leland for almost a decade, are worried about the possibility of becoming homeless. The Leland offers smaller, more affordable units for low-income individuals, making it a crucial housing option for those relying on supplemental security income (SSI). The building was previously owned and operated by Heartland Housing, a subsidiary of the Heartland Alliance, before it was placed into receivership last year due to building code concerns and financial issues.
In January, Mercy Loan Fund, a nonprofit housing developer based in Denver, filed a foreclosure suit against the owners of the Leland in the Circuit Court of Cook County. As the foreclosure proceedings continue, residents fear that a for-profit developer may purchase the building and force them out of their affordable homes. The City of Chicago and the IHDA have been involved in discussions with potential buyers, but so far, no one has been willing to take over the property.
Despite the growing list of code violations for the building, residents believe that the Leland is in satisfactory condition and serves as a vital affordable housing option in the neighborhood. With the threat of gentrification looming, residents are concerned about losing their homes to luxury developments.
Community organizations like One Northside are rallying to preserve affordable housing in Uptown and urging the city and state to take action. The IHDA has assured that efforts are being made to ensure the property remains affordable for its residents, emphasizing the importance of maintaining affordable housing stock in Chicago.
Residents like Jeff Martin, who found a home at the Leland after experiencing homelessness, are fearful of facing housing insecurity once again. The uncertainty surrounding the future of the building has created anxiety among residents who rely on the Leland for safe and affordable housing.
As the foreclosure proceedings continue, residents are left waiting for a resolution that will determine the fate of their homes. The importance of preserving affordable housing in Uptown cannot be overstated, and community members are calling for continued efforts to maintain housing opportunities that do not expire. The future of the Leland remains uncertain, but residents remain hopeful that their voices will be heard and their homes will be protected from displacement.
