Articles tagged 'Foreclosure'

To inform ongoing policy conversations related to the preservation of 2 to 4 buildings in Chicago neighborhoods, this report updates key contextual data on the stock of 2 to 4s in Chicago, and includes new data on the characteristics of the stock, foreclosure impacts, and the importance of 2 to 4s in communities of color and for households of color.

This guest blog, co-authored by a group of Chicago housing organizations, responds to IHS's recent analysis on the importance of and threats to 2 to 4 unit buildings in Chicago. It emphasizes the disproportionate health and economic impacts of the COVID-19 pandemic across Chicago’s communities of color; the potential implications for the stability of Chicago’s 2 to 4 unit housing stock; and the urgent need for coordinated actions to address existing needs of families that rely on the affordability that 2 to 4 flats provide.

The City of Chicago commissioned the Institute for Housing Studies to develop data to guide conversations around developing Chicago’s 2019-2023 Five-Year Housing Plan.

Recently, IHS worked with Chicago Metropolitan Agency for Planning (CMAP), Metropolitan Mayors Caucus (MMC), and Metropolitan Planning Council (MPC) to develop a housing market analysis to 1) identify the spatial patterns and characteristics of distinct subregional housing markets across northeastern Illinois and 2) identify a set of market-driven strategies responsive to local needs. The results of this collaborative effort were recently released through the Regional Housing Solutions website.