New Affordable Townhome Development Opens In Highland Park

HIGHLAND PARK, IL — Highland Park officials and housing partners joined Community Partners for Affordable Housing on Friday to celebrate the opening of a new affordable townhome development at 925 Deerfield Road.

The project includes eight energy-efficient townhomes that CPAH said will be sold to low- and moderate-income households through its Community Land Trust program.

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The homes will be sold for $215,000 and $285,000 to households earning below 80 percent and below 120 percent of Area Median Income. CPAH said the Community Land Trust program is designed to keep the homes permanently affordable so future buyers can also access homeownership in Highland Park.

"It's no secret that housing affordability is more challenging than ever, including here in Highland Park. This program helps make homeownership affordable and provides a lasting solution so multiple generations can access stable homeownership. A win all the way around," said Nancy Rotering, Mayor of Highland Park.

CPAH President Rob Anthony said the opening reflects years of partnership.

"This milestone represents what's possible when a community comes together around a shared vision. We're grateful to our partners for their collaboration and investment in affordable housing. Together, we are creating more opportunities for people to put down roots and build a future in Highland Park," Anthony said.

The development is named in honor of Betsy Lassar, a Highland Park resident and longtime affordable housing advocate. According to CPAH, Lassar helped draft Highland Park's Affordable Housing Plan, establish Illinois' first Community Land Trust through CPAH and shape the city's Inclusionary Housing Ordinance. CPAH also said she championed housing issues throughout her professional life.

People interested in the Community Land Trust program or the newly available townhomes can contact CPAH at 847-263-7478 ext. 15 or by email at rshakya@cpahousing.org.