The Preservation Compact E-Update



Dr. Jim Shilling Comes Full Circle

		"I started as a housing economist in 1981, trying to understand the shift in housing finance and economics in light of the savings and loan crisis." > more



CCLF announces new sustainable building website Celebrate the launch of CCLF's dynamic new sustainable building website, Building for Sustainability: Resources for sustainable building in Chicagoland. This new online resource will help Chicagoland community developers who are incorporating sustainable design in their projects. Visit www.greenaffordable.org Chicago Rent and Vacancy Report Second Quarter 2009 The Institute for Housing Studies (IHS) has released an updated Rent and Vacancy Report. The study is the first in a series of reports that IHS, in partnership with The Preservation Compact, plans to issue to provide government housing agencies, preservationists and community organizations with reliable and impartial data about the state of affordable rental housing in Cook County. Read report > Preserving Affordable Rental Housing: An Owners Forum on Preservation Resources November 19, 2009 8:00 am - 4:30 pm DePaul Student Center 2250 N. Sheffield Avenue, Chicago This conference, hosted by The Preservation Compact's Interagency Conference, will highlight resources for owners of assisted rental properties in Cook County. Discussion topics include energy retrofit resources, Chicago area rental and foreclosure trends, and mechanisms to improve property management. Space is limited for this free conference and is restricted to government assisted property owners. Please RSVP at Preservation Forum Registration >



Innovative Solutions for Subsidized Buildings

In 2007, it seemed likely that the City of Chicago would permanently lose all of the affordable rental subsidies at Grove Parc Plaza, located in the city's south-side Woodlawn neighborhood. Grove Parc Plaza Conceptual Design

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ULI Chicago Names New Staff University of Chicago Harris School graduate and urban policy specialist, Christine Kolb, has been selected by ULI Chicago to serve as its new Community Outreach Director. Kolb will be responsible for directing ULI Chicago's affordable housing programs, including The Preservation Compact. ULI Chicago also announced that Cynthia McSherry, president and founder of McCarthy, McSherry and Associates, Ltd (MMA), has been appointed to the organization's executive director position. For more Information > Interagency Council and Energy Savers Reach Out to Assisted Owners The Interagency Council has been working to coordinate, streamline, and communicate resources for owners of affordable rental properties. > more Cook County Assessor's Office Improves Affordable Housing Data Property taxes are one of the most significant and least predictable operating costs for rental property owners. In recognition of this fact, the Cook County Assessor's Office is undertaking several data improvement projects to ensure that the supply of affordable housing is taxed fairly and accurately. > more Rental Housing Alliance turns attention to State and National Affordable Housing Legislation Preservation Compact partner the Chicago Rehab Network expects the 2010 legislative season to include a Preservation Omnibus Bill, codifying long-standing affordable housing campaigns on the national legislative agenda. > more Institute for Housing Studies - Rental Housing Data Clearinghouse On August 31st, 2009 the Institute for Housing Studies (IHS) released its latest study, Chicago Rent and Vacancy Report, Second Quarter 2009. This powerful new tool will be updated quarterly and will enable policy makers, community groups, and other stakeholders to better understand the rental housing stock in Chicago's neighborhoods. Quarterly updates to the rent and vacancy index will include suburban Cook County. > more




The Preservation Compact brings together the region's public, private and nonprofit leaders to address the loss of affordable rental housing stock in Cook County. Guided by the Urban Land Institute (ULI) Chicago with support from The John D. and Catherine T. MacArthur Foundation, Preservation Compact partners include the Center for Neighborhood Technology, Chicago Community Loan Fund, Chicago Department of Community Development, Chicago Rehab Network, Community Investment Corporation (CIC), Cook County Assessor's Office, Illinois Housing Development Authority (IHDA), The Institute for Housing Studies at DePaul University, Local Initiatives Support Corporation/Chicago (LISC/Chicago), Sargent Shriver National Center on Poverty Law, and the U.S. Department of Housing and Urban Development. >more

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