rental housing

House Bill 3564 requires new transparencies, specifically that all fees must be listed on the first page of a lease. It also prohibits application fees larger than $50 in most cases, any fee for a change or renewal of a lease, after-hours maintenance and multiple others. #centersquare #tenant #law

Housing advocates say the move represents one of the state’s most significant affordable housing investments in recent years and will help support the development and preservation of affordable homes across Illinois. #budget #affordablehousing #taxcredit

Housing advocates say a mix of rising construction costs, elevated interest rates and limited public funding has made it increasingly difficult to complete affordable housing developments—even when federal assistance is available. #housing #tax #

The Need for a Collective Approach to Preserving 2 to 4 Unit Housing in Chicago (Chicago, IL) - The loss of two- to four-unit rental buildings in Chicago’s neighborhoods is at the core of the city’s affordable housing crisis.