Source: Bisnow

Preservation of Affordable Housing extended its reach across the Chicago region by acquiring four affordable properties from Burnham Cos. in Chicago’s Austin neighborhood and suburban Elgin. The move comes just a month after it expanded its footprint by acquiring affordable apartment buildings from the YMCA in Chicago and suburban Harvey. 
In Austin, POAH purchased two buildings at 325 and 345 North Austin St. with a total of 94 apartments for seniors and people with disabilities. In Elgin, the nonprofit bought the 100-unit senior apartment building Burnham Manor at 1350 Fleetwood Drive and the 27-unit Burnham Wing Schoolhouse Apartments at 260 Center…


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