Chicago 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:
4905 S. Michigan Avenue(37 SRO Units and 1 Studio Apt.)*notice period expires on March 7, 2021
Interested parties should contact:David G. SchonbackPhone: (630) 997-0099Email: XDAVIDG@aol.com
CIC has financed the rehab and preservation of over 2,000 SRO units. If […]
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Read morePreserving Affordable Rental Housing in a Biden Administration
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President-Elect Biden’s HUD Transition Team is led by Erika Poethig, homegrown in Chicago, and architect of The Preservation Compact.
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HUD’s Office of Multifamily Housing has published a Housing Notice opening a second application period for owners of multifamily assisted properties to apply for CARES Act funds to offset property expenses to safely serve residents during the pandemic.
The notice allows owners to submit payment requests for expenses incurred through November 30, 2020. Requests are due to HUD or the Contract Administrator by December […]
Read moreCity of Chicago Emergency Relief for Affordable Multifamily Properties (ERAMP) Program
The Department of Housing ERAMP program provides short-term operating support to multifamily affordable housing providers affected by the COVID-19 pandemic.
The ERAMP program can serve both government assisted and unsubsidized properties by providing grants and no-interest, deferred payment loans of up to $75,000 per property for eligible operating shortfalls and added COVID-related expenses.
Learn more about eligibility and the online application process
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