Navigating the Affordable Housing Special Assessment Program (AHSAP) Webinar and Q&A
Webinar and Q&A
On Thursday August 24th the Preservation Compact, Community Investment Corporation (CIC), and the Cook County Assessor’s Office hosted a webinar all about the new multifamily property tax incentive! This program, called the Affordable Housing Special Assessment Program (AHSAP), is available across Cook County to provide property tax relief for multifamily […]
Read moreA Note from the Preservation Compact
Dear Preservation Compact Partners, With great pride, I reflect on our dedicated work together over the past few years. As I depart from my position as Director of the Preservation Compact, I am confident that I am leaving it in a strong position to continue to carry out its crucial mission to preserve affordable rental housing. One of the highlights of my time […]
Read moreCelebrating Our Progress: Community Investment Corporation and The Preservation Compact Enter Second Round of the Housing Affordability Breakthrough Challenge
We are thrilled to announce that Community Investment Corporation (CIC) and The Preservation Compact (the Compact) have advanced to the second round of Enterprise‘s national Housing Affordability Breakthrough Challenge! This progression underscores the recognition and potential impact of our innovative proposal, the Small Developer Advantage.
Our proposal focuses on the critical issue of housing affordability in Chicago’s low- and moderate-income […]
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Event – From Policy to Practice: ADUs in the Chicago Region
On March 21, 2023 the Preservation Compact, Chicago Cityscape, CMAP, and Sightline Planning and Zoning partnered to present a lively, interactive morning of:
Panels featuring experts on equitable ADU policy, design & construction, and […]
Read moreStrategies 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 […]
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