Tuesday, November 21, 2017

News

Chicago Neighborhood Rebuild Training Pilot Program

CIC is pleased partner with the City of Chicago, the Chicago Community Loan Fund (CCLF), the Cook County Land Bank Authority (CCLBA), The Safer Foundation and the CARA Program on the Chicago Neighborhood Rebuild Training pilot program. Through this $6 million pilot program, supported by MB Financial and Rush University ...

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Electrical Code Improvements

  ATTENTION BUILDING OWNERS! The City of Chicago is seeking support for a new ordinance that improves the electrical code. Below you will find highlights of the improvements, as well as a sample letter of support. We encourage individual owners and representatives of owners’ groups to submit letters of support. ...

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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 ...

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Treasury’s Capital Magnet Fund awards $3.1 million to CIC

Community Investment Corporation (CIC) was awarded a $3.1 million grant by The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund).  The grant, announced last week, was made as part of the fiscal year 2016 round of the Capital Magnet Fund, which awarded a total of $91.5 ...

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Renew Woodlawn

Renew Woodlawn is a collaborative effort between Preservation of Affordable Housing (POAH), Neighborhood Housing Services (NHS), and Community Investment Corporation (CIC) to facilitate the acquisition and redevelopment of 1-4 unit vacant properties for new homeowners in the Chicago Woodlawn Community Area. For more information about the program, target area, and ...

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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 ...

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CIC Provides $30 million in Financing in 2015

Community Investment Corporation (CIC) announced that in 2015 it provided $30 million in loans and grants to acquire, rehab, and preserve 1,342 units of affordable rental housing. These units were in 28 Chicago area communities and were all affordable to households at or below 80% of area median income.  For ...

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