The Preservation Compact brings together the region's public, private and nonprofit leaders to address the loss of affordable rental housing stock in Cook County.
Coordinated by Community Investment Corporation (CIC) with support from The John D. and Catherine T. MacArthur Foundation, the Compact has six areas of focus to preserve and improve existing affordable rental homes that might otherwise be lost to condominium conversion, demolition, or rising costs.
Spotlight
Save the date for the Preservation Compact's panel discussion of 2- to 4-unit properties. Hear from experienced
investors and lenders about the issues facing this important part of Cook County's rental stock. June 13, 2012
8:30 - 11:00 a.m., DePaul Center, Room 8005, 1 E Jackson Blvd. For
more information and to RSVP, visit our Events page.
The Preservation Compact's property tax working group recommends that multifamily property
owners appeal the assessed value of their properties.
View the Compact's list
of property tax attorneys and consultants here and read our Guide to
Appealing Your Property Taxes.
Chicago's Department of Buildings compiled a list of the 10 most common reasons for a failed permit inspection. Download the excel file here.
Bank of America awards $8.5 million to CIC for Energy Savers loans Read more
Institute for Housing Studies releases The State of Rental Housing in Cook County Read the report
Energy Efficiency Showcase
The Preservation Compact hosted an Energy Efficiency Showcase on February 8, 2012 at the
DePaul Center. Click here to access
information and resources available to help multifamily property owners reduce energy usage and
save money.
Important Documents
The State of the Nation's Housing 2009, June 2009Chicago Rent and Vacancy Report, Second Quarter 2009
Rental Markets, Foreclosures and the Credit Crunch, "America's Rental Housing: the Key to a Balanced National Policy" , April 2008
Preservation Compact Brochure, 2008
Preservation Compact Action Plan, 2007
The State of Rental Housing in Cook County, 2006