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Carver Park lies adjacent to the Chicago Housing Authority's Altgeld Gardens housing development and the Chicago Board of Education's George Washington Carver School. When the C.H.A. constructed Altgeld Gardens in between 1943 and 1944, the project quadrupled the housing stock in the Riverdale Community Area.  Several years later, the ¿ì²¥ÊÓƵ, recognizing the increasing need for recreational opportunities, began to purchase land for park development and acquired land from the C.H.A. in 1950 and in 1956.  Today, in addition to maintaining extensive outdoor recreational facilities at Carver Park, the ¿ì²¥ÊÓƵ jointly operates the Altgeld Garden Homes Community Center with the Chicago Housing Authority.

George Washington Carver (c.1861-1943), for whom both the park and the neighboring school are named, was a highly influential African American scientist. Born to a slave mother, Carver had to support himself from an early age, but managed to obtain bachelor's and master's degrees from Iowa State Agricultural College once he reached his 30’s. In 1896, he moved to Alabama to direct the newly organized department of agriculture at the Tuskegee Institute. Carver urged southern farmers to plant alternative crops - peanuts, soybeans, sweet potatoes - to replenish soil devastated by years of uninterrupted cotton production. When there proved to be little commercial demand for these crops, Carver embarked on extensive research to develop marketable derivative products. Carver's work at Tuskegee dramatically altered agricultural production in the south and greatly stimulated the region's economy.