FHLBank Chicago: [VIDEO] Congressman Bill Foster Tours Affordable Housing Development in McHenry, IL

Congressman Bill Foster (IL-11) joined FHLBank Chicago, the Housing Opportunity Development Corporation, McHenry County Officials, and local housing leaders in McHenry, Illinois, for a discussion on housing affordability and housing supply challenges facing communities across the state. The visit included a tour of Taylor Place Apartments — an affordable housing development made possible through a $1 million grant from FHLBank Chicago’s Affordable Housing Program (AHP) General Fund, sponsored by member Crystal Lake Bank & Trust, a Wintrust Community Bank. Taylor Place is an example of how collaboration among affordable housing developers, financial institutions, local government, and community partners can expand access to affordable housing and create lasting opportunities for individuals and families in communities facing ongoing housing affordability and supply challenges.