NEAR NORTH SIDE — A federal judge officially approved the settlement agreement between the Chicago Housing Authority and a Cabrini-Green tenant group Wednesday, court documents show.
The agreement, which was first reported by DNAinfo Chicago Friday, means the end of a 2013 lawsuit filed by the Cabrini-Green Local Advisory Council. The tenant group claimed the CHA broke its promise to restore the final 440 row houses at Oak and Larrabee streets.
CHA officials have said the lawsuit was holding up a massive redevelopment of the Near North Side site. Now that a settlement has been reached, developers are expected to begin bidding on the properties which will include more than 5,000 housing units.
The big news is that CHA has agreed to create the following housing on the Near North Side:
• At least 1,800 public housing units
• At least 1,100 affordable housing units
• At least 2,500 market-rate units
For more on the agreement, everything you need to know about the history of the lawsuit and what it means, check out our comprehensive guide.
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