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Featured News
CIC Delivers $75 Million to Create and Preserve Affordable Rental Housing
At a virtual meeting of its investor institutions, Community Investment Corporation (CIC) announced on Tuesday that it delivered $75 million in loans, grants, and other financial resources to acquire, rehab, and preserve over 2,700 units of affordable rental housing in FY 2021. CIC financed affordable apartments in 22 communities throughout the Chicago region but with […] Read More
CIC Delivers $42 Million to Create and Preserve Affordable Rental Housing In the Midst of Economic, Housing Crisis
At a virtual meeting of its investor institutions on December 16, 2020, Community Investment Corporation (CIC) announced that it delivered $42 million in loans and grants to acquire, rehab, and preserve over 950 units of affordable rental housing in FY 2020. Virtually all units financed were affordable to households at or below 80% area median […] Read More
COVID-19 Resources for Building Owners and Tenants
We’re here to help. CIC and The Preservation Compact are working to compile relevant resources that may be helpful to building owners and tenants during the COVID-19 health pandemic. Along with our resources for tenants and owners, local and national housing stakeholders have compiled important resources and information for owners, tenants, and organizations about COVID-19. […] Read More
CIC, The Resurrection Project Featured in FHLB Chicago Annual Report
CIC was pleased to be featured in the Federal Home Loan Bank of Chicago’s 2019 annual report video, released in March 2020. The video showcased Casa de Sol, a 54-unit single room occupancy building in Pilsen developed by The Resurrection Project (TRP). CIC served as TRP’s lender and AHP sponsor for the project. Jack Markowksi […] Read More