Lincoln Avenue Communities Breaks Ground on The Talia Senior Housing in Channahon, Illinois
Lincoln Avenue Communities (LAC) has officially broken ground on The Talia, a new 40-unit affordable housing development specifically designed for adults aged 55 and older. Located on a 2.53-acre site in Channahon, Illinois, the three-story community will provide specialized housing for seniors with varying income levels, including units reserved for those earning as low as 30% of the area median income (AMI). The project is being developed with a focus on sustainability, aiming for Net Zero status and certification under the National Green Building Standard (NGBS). Financing was supported in part by federal Low-Income Housing Tax Credits awarded by the Illinois Housing Development Authority (IHDA). Construction is currently underway and is slated for completion in 2027.
Topics: Affordable Housing Groundbreaking Ceremony Real Estate Development Senior Living