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
Read moreAnnouncing 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,
Read morePreservation Compact Finishes 2021 with Passage of Affordable Housing Property Tax Incentive, Creation of National NOAH Repository, and Preservation of Nearly 1000 Affordable Rental Housing Units
Preservation Compact and its partners produce groundbreaking results to advance affordable housing policy by creating real preservation solutions and a lasting policy framework.
Chicago, IL – Today, the Preservation Compact (the Compact) announced groundbreaking outcomes in developing and enhancing strategies for addressing complex housing affordability problems in the Chicago region. Highlighting ongoing growth across the organization’s policy, research, and cross-collaborative efforts with national, regional, […]
Read moreChicago SRO Listings
The City of Chicago has received Notice of Intent to Sell or Transfer Property in accordance with the Single-Room Occupancy Preservation Ordinance for the properties below:
3201 S. Archer Ave. (21 SRO units)*notice period expires on May 21, 2022
Interested parties should contact:Farooq ShahPhone: (630) 479-2978Email: fshah90@gmail.com
3214 S. Ashland Ave. (23 SRO units)*notice period expires on May 21, 2022
Interested parties should contact:Farooq ShahPhone: (630) […]
Read moreNew Plumbing Code Passed!
New changes to the Chicago Plumbing Code offer significant cost savings for owners and developers of multifamily and mixed-use buildings!
The ordinance was informed by the Alternative Plumbing Materials Pilot Program, which was created based on recommendations from the Compact and its partners. The Pilot program saved Chicago developers and property owners more than $38 million over the past four years.
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