COVID-19 Utility Assistance Funding Available
Now that the moratorium on utility shut-offs has ended, it is vital people contact their utility companies to learn what protections are available. Information can be found on the Citizens Utility Board (CUB) fact sheet. This includes bill payment assistance by utilities and additional Low Income Home Energy Assistance Program (LIHEAP) funding.
Read morePreserving Owners to Preserve NOAH: Markets, People and Strategies in Chicago and Los Angeles
Tuesday, April 20, 3:00pm CTJoin The Preservation Compact, the Chan Zuckerberg Initiative, and the Commissioner of the City of Chicago Department of Housing for a discussion about preserving Naturally Occurring Affordable Housing (NOAH).This webinar will highlight two sets of NOAH preservation strategies: a new initiative in South Los Angeles to support local rental property owners with smaller portfolios, and several existing NOAH […]
Read moreWebinar on New Emergency Rental Assistance Programs
Thursday, April 15, 10:00amCIC and The Preservation Compact are hosting a webinar on upcoming Emergency Rental Assistance programs from the Illinois Housing Development Authority and the City of Chicago. The new programs are likely to be launched in May – check our coordinated site for preliminary information about all of the programs. Both property owners and tenants can apply, and funds will go […]
Read moreChicago SRO Listings
The City of Chicago has received a Notice of Intent to Sell or Transfer Property in accordance with the Single-Room Occupancy Preservation Ordinance for the property below:
1659 W. Division St.*notice period expires on September 27, 2021
Interested parties should contact:Eric HillsPhone: (847) 924-4748Email: EHills@MarcRealty.com
CIC has financed the rehab and preservation of over 2,000 SRO units. If you are interested in CIC SRO acquisition financing, […]
Read moreRental Property Tax Incentive
The Compact convened statewide partners to craft a proposal providing a predictable property tax incentive for affordable rental housing. With the support of government, industry, and advocate partners, the proposal was introduced in both Illinois General Assembly chambers, and the Senate bill passed the Revenue Committee with unanimous support.
This article highlights support for SB 330 and HB 805.
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