PRESERVATION COMPACT

The Preservation Compact is led by Community Investment Corporation (CIC). CIC is a nonprofit, certified Community Development Financial Institution (CDFI) that provides financing to acquire, rehab, and preserve affordable rental housing in metropolitan Chicago... The Preservation Compact drives intentional, concrete strategies that preserve affordable rental housing. The Compact and our partners have helped to create real preservation solutions and a lasting policy framework... Without government coordination, existing government assisted buildings can fall between the cracks, losing affordability forever. The Preservation Compact brings government and tenant stakeholders together to identify and preserve buildings before the crisis hits.

Also known as: The Preservation Compact

Primary location: Chicago United States