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Romeoville to release mortgage for Roma Gardens refinance, requires $150,000 security for parking work
Village of Romeoville Board of Trustees · December 18, 2025
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Summary
The village agreed, subject to manager and attorney final approval, to release a fourth mortgage on Romeoville Gardens senior apartments to allow the owners to refinance, with the owners posting $150,000 in security to guarantee parking-lot improvements.
The board considered a development-agreement resolution to help Romeoville Gardens senior apartments complete a refinancing and associated parking-lot work.
Vogel said the owners of Romeoville Gardens are transitioning from a tax-credit–supported,…
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