Pullman Artspace Lofts is managed by Artspace.
Pullman Artspace Lofts, a mixed-use affordable live/ work space for artists and their families, is being developed in partnership with Artspace Projects, Chicago Neighborhood Initiatives, and PullmanArts. The Development Team has chosen a site located on Langley Avenue, just south of 111th Street, consisting of approximately 18,500 square feet of vacant land book-ended by two historic apartment buildings. It provides the opportunity to integrate historic preservation with cutting edge new construction and create an iconic group of buildings that anchor Pullman’s eastern boundary. The project will include 38 affordable live/work units, exhibition space, and ample community space.
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.