Assisted Housing Coordination

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Local, state and federal agencies play a critical role in the preservation of affordable rental housing. They help finance affordable rental housing while ensuring that buildings are safe and meet rules for long-term affordability.

Though many properties benefit from assistance provided by more than one government agency, different government sources often work in isolation and have different reporting requirements, priorities, and protocols.

Properties in danger of being lost to property deterioration, market conversion, or other forces are more likely to be saved when agencies communicate regularly.

 

 IMG_0281Activities

A working group of government agency staff and representatives from Preservation Compact partners the Sargent Shriver National Center on Poverty Law, Chicago Rehab Network and Community Investment Corporation has met monthly for the last four years to:

  • Identify and evaluate potential at-risk properties
  • Coordinate and track progress on preservation strategies for at-risk properties
  • Identify and act on policy issues related to preserving government assisted properties

 

In 2017, The Preservation Compact and the Chicago Housing Authority were awarded an Urban Land Institute Vision Award for preserving Presbyterian Homes, 111 units of affordable senior housing in three buildings on Chicago’s north side. Click here to read more.