Author: The Preservation Compact

Property Tax Reassessment for the City of Chicago

The Cook County Assessor’s Office will reassess all properties in the City of Chicago this year. Check the assessment calendar and deadlines for your township. Assessment notices have been mailed for Rogers Park township and the deadline to file an appeal is July 19.

If you have concerns about how the assessment considered affordability requirements on your property or generally need assistance with the appeals […]

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IHDA’s ERA Tenant Application Window Now Open

The Illinois Housing Development Authority’s statewide emergency rental assistance program (also known as ILRPP) is now open for a tenant-led application process. Learn more about this program at chicookilrenthelp.org – a unified rental assistance page the Preservation Compact created with IHDA, the City of Chicago, and Cook County.

Tenants applying directly for rental assistance will have until July 18 to complete their portion of the application. […]

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CIC Names Stacie Young New President & CEO

Stacie Young has been appointed President & CEO of Community Investment Corporation (CIC), becoming the fourth president in CIC’s 37-year history as Chicago’s multifamily rehab lender. Young, a veteran affordable housing advocate who has led The Preservation Compact for the past 11 years, will succeed Jack Markowski, who is retiring after 14 years at the helm of CIC

“I am honored to […]

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New Property Tax Incentive

A property tax incentive championed by a dream advocacy team – Housing Action Illinois, Illinois Housing Council, MPC, and Enterprise Community Partners – was included in the landmark affordable housing omnibus that passed the Illinois General Assembly at the end of May.

This policy—which emerged from a Preservation Compact working group—is an important tool for preserving our vital stock of naturally occurring affordable housing […]

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ERA Programs Are About to Close, Don’t Miss Out!

The Illinois Housing Development Authority and the City of Chicago’s emergency rental assistance programs are currently open for applications. Learn more about these programs at chicookilrenthelp.org – a unified rental assistance page the Preservation Compact created with IHDA, the City of Chicago, and Cook County.

Program Deadlines

For IHDA’s statewide rental assistance program (also known as ILRPP), housing providers/landlords may initiate a joint application through […]

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