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PROPOSED RESOLUTION
CONGRATULATING THE HISPANIC HOUSING DEVELOPMENT CORPORATION ON ITS 40TH ANNIVERSARY
WHEREAS, the Hispanic Housing Development Corporation is celebrating its 40th anniversary; and
WHEREAS, the Hispanic Housing Development Corporation (HHDC) serves as a non-for-profit organization striving to help create affordable housing in Chicago's Latino neighborhoods, for people across the Chicago area to improve their lives-and achieve the American dream; and
WHEREAS, HHDC builds comfortable, affordable and sustainable housing that people are proud to call home that becomes a catalyst for economic prosperity and community growth; and
WHEREAS, HHDC's vision is to build and revitalize neighborhoods, to provide a place for people of all ages, thereby creating new housing, employment and business opportunities that help stabilize communities; and
WHEREAS, HHDC's uniquely comprehensive approach helps to create and maintain healthy communities, and it has become one of the largest and most effective community development organizations in the nation; and
WHEREAS, while HHDC has grown, HHDC's mission has always remained the same: to help people make a better life for themselves, their families and their community; and
WHEREAS, the HHDC has developed or acquired an impressive 4,200 properties since its inception in 1976 consequently providing sustainable housing that thousands of Cook County residents are delighted to have the opportunity to reside in; and
WHEREAS, there are currently 3,600 residential units that the HHDC management team directly oversees; and
WHEREAS, 7,295 tenants have been provided with affordable housing in Chicago's neighborhoods in part to the mission of HHDC and their phenomenally ambitious team of only 175 persons; and
WHEREAS, the HHDC's commitment to develop communities has led them to mature $429 million in developments through 54 distinct projects across the State of Illinois and neighboring s...
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