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November 2007 E-Update The Preservation Compact: A Rental Housing Strategy for Cook County
Featured Story

ULI Chicago Selects Director for Preservation Compact

photo: Judith Levey Judy Levey, former executive director for the Homeless and Housing Coalition of Kentucky, has been selected to coordinate activities of The Preservation Compact.

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What is Happening Now

Preservation Compact Media Coverage

The Preservation Compact and the future of renting in Chicago
Outside the Loop RADIO - Episode #55, October 12, 2007

Renters Learn How to Protect Housing
Chicago Public Radio - October 26, 2007


Upcoming Meetings + Notices

Second Annual Governor's Conference on Affordable Housing
Monday & Tuesday, December 10-11, 2007

McCormick Place
South Grand Ballroom
2301 South Lake Shore Drive
Chicago, Illinois


Register for this event online by November 30, 2007.


Creating a Regional Agenda to Address Climate Change
Second in a series of meetings to develop the 2040 Regional Comprehensive Plan.
Tuesday, December 11, 2007
8:00 am - 4:30 pm

University of Illinois at Chicago Student Center East
750 South Halsted Street
Chicago, Illinois

For more information>

Funding for Developers and Owners of Rental Housing
Developers and owners of affordable rental housing near jobs and transportation in Cook, Lake, McHenry and Will counties can receive rental subsidies through the Regional Housing Initiative (RHI).

Deadline for applying is December 3, 2007.

For more information>

Keystone Initiatives Update

Preservation Fund

CIC closed on its new At-Risk Buildings Fund in September and Local Initiatives Support Corporation (LISC/Chicago) and the Interagency Council are coordinating the creation of a new loan fund...
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Interagency Council

The Interagency Council is meeting with keystone leaders, elected officials, landlords and funders on issues ranging from troubled buildings to tax credits.

Data Clearinghouse

Led by new Director Marc Smith, the Data Clearinghouse is ramping up its research...
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Energy Savers Program

Calls have already begun to pour in from building owners seeking to save money on their utility bills...
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Rental Housing Alliance

The Alliance has been working to identify affordable housing in Chicago's neighborhoods and to determine if any of those buildings are in danger of being lost...
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Lower Property Taxes

Cook County Assessor Jim Houlihan is continuing to review his office's policies and initiatives...
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Keystone Partners Committee

The Keystone Partners Committee is developing marketing materials and methods for tracking the work of the Compact...
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New Preservation Compact Staff

Rental Housing Alliance
Sam Tuttle joined the Sargent Shriver National Center On Poverty Law as housing staff attorney in July 2007.

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Data Clearinghouse
Marc Smith is the director of the Housing Data Clearinghouse and Professor of Finance at DePaul University.

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Energy Savers Program
Peter Ludwig has been hired as the Energy Efficiency Analyst for CNT Energy.

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Preserve > Renew > Rebuild >>>

The Preservation Compact is led by the Urban Land Institute (ULI) Chicago and funded by the John D. and Catherine T. MacArthur Foundation. Its goal is to preserve 75,000 affordable rental homes in Cook County by 2020.

Key organizations involved in the project include the City of Chicago, the Illinois Housing Development Authority (IHDA), the Department of Housing and Urban Development (HUD), Cook County Assessor's Office, Community Investment Corporation (CIC), Local Initiatives Support Corporation/Chicago (LISC/Chicago), Center for Neighborhood Technology, Chicago Rehab Network, Sargent Shriver National Center on Poverty Law, and the Real Estate Center at DePaul University.

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ULI Chicago
ULI: Urban Land Institute ULI Chicago
The Preservation Compact
1700 West Irving Park Road
Suite 208
Chicago, IL 60613
773.549.2655
Chicago.uli.org
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