News

City 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 

Read more

Deep Dive: Safe and Healthy Buildings

Reducing COVID-19 Risks in Multifamily Buildings

How do I protect tenants and staff members?The City of Chicago recommends that multifamily property owners:

Require staff and tenants to wear face coverings in common areas (unless they cannot safely covering their face). Limit gatherings of residents to less than 50 people in common areas. Clean high-touch areas more frequently and provide hand sanitizer, tissues, and cleaning products in […]

Read more

What You Need to Know About Unemployment Insurance and COVID-19

At The Preservation Compact, our bread and butter is preserving affordable rental housing, especially the naturally occurring stock. Today the most profound preservation need is to stabilize tenants affected by job loss.

Nationally, more than 40 million people have lost their jobs since mid-March, including nearly 1.2 million in Illinois. Analysis by the Institute for Housing Studies at DePaul University shows that […]

Read more

Mediation Services for Tenants and Landlords Webinar

On August 26, 2020, the Compact joined partners to share resources from CCR. Watch the recording here.

Read more

CHA PBV COVID Process Webinar

On June 17, 2020, the Compact hosted a webinar for the Chicago Housing Authority (CHA) to review PBVs and how COVID impacts the program process. Watch the recording here.

Read more
Load More
Loading
Back to top