Greenleaf Manor
Glenview
Cook County
Photo courtesy of Cordogan Clark & Associates
The Development
On a site which had been vacant since a 2008 planned development was forced to stall amidst the national foreclosure crisis, Daveri Development Group- owners of several affordable housing developments- acquired the property and submitted its proposal for Greenleaf Manor in October 2012. Daveri partnered with non-profit affordable housing developer New Directions Housing Corporation, along with contractors McShane Construction Company and Cordogan Clark & Associates, to bring the development to fruition.
Primely located near the Glen Town Center, Glenview Park District’s Flick Outdoor Aquatic Center, and the Allison Woods Forest Preserve, Greenleaf Manor is comprised of 3 standalone townhome-style buildings- one 3-story building and two 2-story buildings- with a total of 20 family-size apartments. The unit mix consists of ten 2-bedroom/1.5-bathrooms, five 3-bedroom/1.5-bathrooms, and five 4-bedroom/2.5-bathrooms. Fifteen of the rentals are reserved for households earning up to 60% AMI, and five are reserved for households earning up to 30% AMI. Additionally, two apartments are reserved for people referred by the Statewide Referral Network to ensure housing was also prioritized for historically underserved populations in Illinois. Each apartment is equipped with modern features including washer and dryers, energy-efficient fixtures and appliances, and integrated ground-floor parking.
Greenleaf Manor is also one of the shining examples of the Regional Housing Initiative (RHI). RHI began in 2002 when Chicagoland’s seven counties and several housing authorities pooled their Housing Choice Vouchers (HCVs) to provide operating subsidies to properties in opportunity areas with good schools and other amenities that are well managed, well designed, near good jobs and transit, and affordable to the local workforce and range of others. The model was considered such a success that Greenleaf Manor was featured in an Atlantic article titled “How Chicago is Trying to Integrate its Suburbs”.
Goal
To provide affordable rental housing for families in Glenview.
Target
Households with incomes between 30% and 60% of the Area Median Income (AMI).
Financing
With a total project budget of approximately $8.7 million, financing included 9% LIHTC equity, permanent financing from First Merit Bank (which is now Huntington Bank), deferred developer fees and an energy grant from the Department of Commerce and Economic Opportunity. Greenleaf was also awarded five Project Based Vouchers (PBVs) through the Regional Housing Initiative to be administered by the Housing Authority of Cook County (HACC), so that residents only need to pay 30% of their income.
Success
Greenleaf Manor provides 20 beautiful, affordable townhomes in an opportunity-rich community with a historically high-barrier of entry.
Lessons Learned
Consistent with the approach of RHI, focusing on properties that meet key criteria, Greenleaf Manor highlighted how the property advances local priorities rather than how it addresses regional needs for a more equitable distribution of housing options throughout Chicagoland.
Contact Information
Village of Glenview Community Development Department, www.glenview.il.us
This case study was last updated in February 2026.
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