Preserving Chicagoland’s Small Multifamily Housing Stock
FDIC Deputy Director of Policy and Research Jonathan Miller leads a discussion of affordable multifamily rental housing.
May 22, 2014
Federal Reserve Bank of Chicago
On May 22, 2014, the Federal Reserve Bank of Chicago, the Office of the Comptroller of Currency, the Federal Deposit Insurance Corporation, Community Investment Corporation, DePaul’s Institute for Housing Studies, and The Preservation Compact hosted “Preserving Chicagoland’s Small Multifamily Housing Stock: An informed discussion of issues and opportunities in today’s multifamily lending market”.
The forum examined the stock of five- to 49-unit rental properties in the Chicago region. Panelists discussed lending and market trends, especially in low- and moderate-income communities, regulatory issues, public sector strategies and resources, and the aging buildings that provide homes to nearly one-third of Chicago’s renters.
In addition to the panel, the agenda included a facilitated dialogue among the forum’s audience of senior staff from lending institutions, representatives of regulatory agencies, municipal officials, policymakers and representatives of building owners.
For more information about the topic, read the background document.
Click here to download a copy of the background presentation (PDF).
- 8:00 Registration
- 8:30 Welcome
- 8:45 Background: Stock and Trends
- Jack Markowski, Community Investment Corporation
- Geoff Smith, Institute for Housing Studies at DePaul University
- David Saltzman, David Paul Rosen and Associates
- 9:45 Panel: Lending and Regulatory Issues and Opportunities
- Moderator: Jonathan Miller, Deputy Director of Policy and Research, FDIC
- Tony Smith, PNC Bank
- Colette Loesher, ABC Bank
- John Brauc, CheckMate Realty and Development
- Daniel McKee, Office of the Comptroller of the Currency
- 11:15 Facilitated Discussion
- 11:45 Concluding Remarks