The vision of the North River Commission is to foster and maintain housing opportunities in which a mix of incomes, ages, and immigrant groups are welcome. Over the years, NRC has packaged or renovated over 1,800 affordable housing units. NRC worked with nonprofit developers to package Moo Goong Terrace Senior Housing and Koram Housing with the Korean American Community Services, with the Metropolitan Senior Senate to build the Senate Apartments at North Park Village, and planned with the City of Chicago for the construction of the North Park Village Apartments. NRC packaged, built, and owns Mayfair Commons, a $10 million, 97-unit senior housing development at Lawrence and Elston Avenues.
Recent accomplishments include:
- Partnering with Heartland Housing and the Cambodian, Ethiopian, Chinese, Bosnian and Lao Mutual Aid Associations to plan for the creation of an affordable housing development for low-income immigrant families in Albany Park.
- Preserving affordable housing for 600 seniors by providing technical assistance to property owners of subsidized housing developments.
- Connecting local landlords to resources to reduce energy costs and renovate their properties to preserve quality rental buidlings in Albany Park.
- Partnering with Alderman Margaret Laurino, 39th Ward, and the City of Chicago to install a new bus shelter for seniors living at Mayfair Commons.