The Preservation Compact | The Preservation Compact

March 31, 2022April 7, 2022

Strategies for Preserving Chicago’s Small NOAH Buildings: Supporting Owners

This is the first in a series of blog posts exploring policies and programs to preserve small naturally occurring affordable (or “NOAH”) properties in Chicago.

How do we support current owners of 2-4 unit buildings?

It can be challenging to own and manage a small rental building. Property owners—both owner-occupants and small non-resident owners—may need extra support to do it well. Supporting existing owners can help […]

March 30, 2022March 30, 2022

By The Preservation Compact

Affordable Housing Special Assessment Program Applications due 3/31

Last week, The Preservation Compact and Community Investment Corporation hosted a webinar on the new Cook County Affordable Housing Special Assessment Program (AHSAP.) More than 100 property owners joined to learn about the benefits and application process.

Webinar presenters included Jerry Brown of Siegel & Callahan P.C. and Christina Lynch, Brian Sibila, and Vincent Waller from the

March 24, 2022April 8, 2022

By The Preservation Compact

Preserving 2-Flats in High Cost Areas

Last week, drawing from her experience participating in the Chicago Flats Initiative, Emily Bloom-Carlin, Senior Program Officer at The Preservation Compact, presented at a meeting organized by Alderman Matt Martin on strategies for preserving naturally occurring affordable housing (NOAH.)

In the 47th Ward, which Alderman Martin represents, a substantial portion […]

February 10, 2022June 6, 2022

By The Preservation Compact

Catch up with The Compact: January 2022 Highlights

In January 2022 The Preservation Compact:

Partnered with the Illinois Housing Council to discuss a proposal for a new NOAH acquisition program based on the Boston Acquisition Opportunity Program,Collaborated with the Assessor’s Office on the rollout of the new property tax incentive in Cook CountyDiscussed accessory dwelling units (ADUs) on an expert panel hosted by

February 7, 2022March 25, 2022

By The Preservation Compact

Announcing the Affordable Housing Special Assessment Program

On February 7, 2022, the Preservation Compact joined the Cook County Assessor’s office and a host of partners to announce the new Affordable Housing Special Assessment Program. Read the Assessor’s Office press release here.

Thank you to our legislative champions and our partners at the Cook County Assessor’s Office, Illinois Housing Council,