Affordable Renting

For 63-year-old Ruth, living at St. James Senior Estates in south suburban Crete, Illinois means more than just an affordable home - she has found a family too. Ruth had heart valve replacement surgery two years ago so having people around who care is important to her.

After it became difficult for her to maintain the two-bedroom home that she rented in Dolton, Illinois, Ruth was one of the first residents to move into phase two of the St. James development in October 2010.

IHDA invested approximately $7 million to build the 45-unit development, including $4.3 million in federal stimulus funds. Other IHDA financing came from a federal HOME loan and Illinois Affordable Housing Tax Credits. An estimated 68 jobs were created with the construction of St. James Senior Estates II.

St. James Senior Estates Phase II was developed by St. Joseph Senior Housing, and complements the St. James Senior Estates Phase I apartments that IHDA financed in 2006.

At my age, I like to have someone around just in case I need them. The staff really cares about the residents. If I had a problem, I know they would be right there to assist me. I feel so much more relaxed and peaceful living at St. James Senior Estates.

—Ruth, Crete