Property Tax Incentive Review
On September 23, 2021, the Preservation Compact, in partnership with Illinois Housing Council (IHC) and CIC, reviewed the newly created Property Tax Incentive available in Cook County. Watch the recording here.
Read moreNew NOAH Preservation Lab and NOAH Clearinghouse!
The Preservation Compact and the Institute for Housing Studies at DePaul University are excited to announce the release of the Preservation Lab’s second report, NOAH Risk Analysis, focused on the Naturally Occurring Affordable Housing (NOAH) stock in Chicago.
We are also launching the NOAH Clearinghouse, which compiles research and resources on NOAH preservation strategies from across the country. We welcome Read more
New Property Tax Relief!
Check out the incentive table to see how it works and what the requirements are to qualify for the new relief!
The Preservation Compact and the Illinois Housing Council will be hosting a webinar about the new incentive in September. Be on the lookout for registration details coming soon!
The incentive establishes tiers of affordability and property tax relief:
If buildings hold 35% or […]
Read morePreserving Owners to Preserve NOAH: Markets, People, and Strategies in Chicago and Los Angeles
Webinar Overview
The Preservation Compact, the Chan Zuckerberg Initiative, and the City of Chicago Department of Housing discussed preserving Naturally Occurring Affordable Housing (NOAH).
This webinar highlighted two sets of NOAH preservation strategies: a new initiative in South Los Angeles to support local rental property owners with smaller portfolios, and several existing NOAH efforts in Chicago. […]
Read moreEmergency Rental Assistance Webinar
Are you a property owner struggling to pay your mortgage and maintain your building? Are you looking to connect your tenants to available resources? The good news is – help is on the way!
New emergency rental assistance programs for tenants and property owners are open or opening soon in Illinois. The State of Illinois and utility providers also have programs to help tenants get […]
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