Articles tagged 'preservation'

IHS and the Preservation Compact recently collaborated on a project to inform the development of local and national policies supporting the preservation of unsubsidized, lower-cost rental housing.

Chicago’s diverse stock of naturally occurring affordable housing (NOAH) faces a variety of challenges. A new report and resource clearinghouse from The Preservation Lab, an initiative co-led by the Institute for Housing Studies and The Preservation Compact, documents the risks and pressures facing NOAH buildings, owners, and tenants in different market contexts and provides resources and guiding principles to assist community stakeholders in developing tailored NOAH preservation strategies.

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.

The Preservation Lab is an initiative co-directed by the Institute for Housing Studies at DePaul University (IHS) and The Preservation Compact that aims to investigate complex and timely affordable housing topics and inform affordable housing policy through applied research and stakeholder engagement.

This report goes “under the hood” of our Mapping Displacement Pressure in Chicago data to highlight how house prices are changing in the neighborhoods around The 606 and identifies potential opportunities to preserve affordability in surrounding communities.

IHS congratulates The Preservation Compact and the Interagency Council on 10 years of vital work to preserve existing affordable housing in Cook County. During a time when affordable units are being lost at a rapid rate, they have been innovative and collaborative in their dedication to protecting and maintaining affordability.