Chicago’s Driehaus Foundation approved Monday evening $1 million in funding for a Landmarks Illinois program that revives historic buildings on the city’s South and West sides.

       The move will help fulfill the vision of philanthropist Richard Driehaus, the founder of Driehaus Capital Management who died in 2021, that historic preservation can both save beautiful buildings and develop underserved communities, according to Anne Lazar, the foundation’s executive director.

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       “This is an opportunity to continue Richard’s long legacy of support for historic preservation that’s done in a meaningful way,” she said. “We want to sustain and protect Chicago’s historic structures, but the other part of that equation is to spur economic development.”