Tuesday, November 21, 2017

Home Posts

CIC’s 2017 Neighborhood Forum

Web_Forum Banner 2017

CIC’s second annual Neighborhood Forum brought together more than 200 building owners, developers, community groups, and policy leaders for a discussion about the challenges and opportunities of providing affordable housing in some of Chicago’s toughest neighborhoods. The program featured a rental market overview by Jim Kutill of Appraisal Research Counselors and ...

Read More »

2016 Neighborhood Forum

SRO & commercial building at 13538 S. Brandon - for CIC

Thanks to everyone who attended CIC’s Neighborhood Forum on June 20, 2016.  The event was a success, with informative speakers, an engaging panel discussion, and more than 200 attendees. Get Out of the Loop: What’s Happening in Chicago’s Neighborhoods? June 20, 2016 5:30 – 8:30 p.m. Reva and David Logan ...

Read More »

Financing Options

Pullium CIC sign crop2

CIC provides combined permanent and construction financing to rehab multifamily apartment buildings with five units or more in Cook, DuPage, Kane, Lake, McHenry and Will counties in Illinois. “The advantage of CIC is that you go to one place to borrow money for the rehab, and they also make you ...

Read More »

1-4 Unit Rental Redevelopment Loan Program

2flat1

FILLING A MARKET NEED Despite the headlines touting a rental comeback, many neighborhoods continue to struggle with distressed buildings, low values, and a need for affordable rental. Yet investors have had a hard time finding financing to redevelop groups of these buildings – a gap preventing more expansive neighborhood revitalization. ...

Read More »

Why Should I Do Business with CIC?

Why should I do business wiwth CIC?

Buy a new apartment building–or refinance and rehab one you currently own–with CIC’s combined permanent and construction financing in one process. DO IT EASIER, DO IT BETTER: Depending upon availability and eligibility, we also offer special programs including matching grants, interest rate subsidies and other financing tools that allow you ...

Read More »

Energy Savers

CIC 4th quarter

One-Stop Energy Efficiency Shop for Multifamily Building Owners Energy is one of the least predictable operating costs in multifamily buildings. With more than 75 percent of buildings in Chicago built before 1942  and lacking basic energy efficiency improvements, many owners can save substantially on utility and operating expenses. CIC’s Energy ...

Read More »