HUD Launches Free Energy & Water Benchmarking Service
From Assisted Housing Management (December 13, 2023):
The U.S. Department of Housing and Urban Development (HUD) has introduced a free Energy and Water Benchmarking Service for properties participating in its Multifamily project-based rental assistance programs.
The benchmarking service offers owners:
Specific information about a property’s energy and water performance, comparisons of this usage with similar properties, and recommendations for savings;Benchmarking analytics from the ENERGY STAR® […]
Read moreChicago SRO Listing: 3919-21 Fullerton Ave
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:
3919-21 Fullerton Ave.*180-day notice period expires on 03/12/2024
Building address: 3919-21 Fullerton AveUnit Count: 67 units and 1 commercial spaceSeller is actively looking for an affordable buyer.
Interested parties should contact: Arthur Fischoff – (773) 227-2100
CIC has financed the rehab and preservation of over 2,000 SRO […]
Read moreNavigating 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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