What’s the Story?

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.

What is Affordable Rental Housing?

The vast majority of affordable rental housing receives no government subsidy. Housing is considered affordable when a family pays no more than 30 percent of their income for housing costs.  A family needs to earn about $40,000 per year to afford a median priced two-bedroom apartment in Cook County, which costs $1,000 per month.


The Preservation Compact Report

The Preservation Compact’s biannual report, Preservation and Beyond, details affordable housing preservation strategies developed and implemented in Cook County, including new financing programs in both strong and weak markets, as well as policies to tackle high operating costs, including energy and property taxes.

 


Preservation Profiles

Renters live wide variety of types of buildings in both the city and the suburbs. Learn about some recent projects and the people who are involved in them.

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