Saving Chicago neighborhoods

CHICAGO — On almost every level, there’s a housing crisis in this country. People can’t sell, property values are falling, and renting is no picnic either. But, as WGN-TV‘s Micah Materre reports, a group of Chicago investors has $50 million, and a plan to save Chicago neighborhoods, one tenant at a time. “This is the living room. Beautiful, comfortable living room where I sit and watch all my TV, ” giggles Pangea tenant Trina Cross. Trina cross is proud of her place; the bathroom with what she calls “the Patty Labelle lights; the eat-in kitchen; hardwood floors; and best of all? …”the affordable rent?

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3d rendering of a row of luxury townhouses along a street

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