• Preservation Forum :: 2 to 4 Unit Rental Stock

    Join the Preservation Compact for a dialogue about the issues facing 2- to 4-unit buildings and potential solutions for preserving them as rental housing. 

    Buildings with 2- to 4-units account for 38 percent of the rental stock in Chicago and 33 percent in Cook County. Unfortunately, these same buildings also make up a large portion of the foreclosed and vacant stock. Given weak demand by potential owner occupants in areas most affected by foreclosures, restricted access to credit, and lack of financing tools for investors hoping to rehab and rent them, 2- to 4-unit properties are at risk.

    Join the discussion. To RSVP, complete the survey form below.
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    Agenda
    -- 8:30 - 9:00 a.m. Breakfast
    -- 9:00 – 9:15 a.m. Welcome
    -- 9:15 – 9:45 a.m. Data Discussion
       Geoff Smith, Institute for Housing Studies, DePaul University
       Jane Bilger, Community Strategies
    -- 9:45 – 10:15 a.m. Financing Discussion
       Moderator: Jack Markowski, Community Investment Corporation
       Thurman "Tony" Smith, PNC Bank
       Jay Fahn, First Eagle Bank
       James Athanasopoulos, SLM Realty
       Anthony Oliver, Community Venture Investment Corporation
    -- 10:15 – 11:00 a.m. Q&A

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