We improve
neighborhoods and lives.
An innovative, human-centered approach to lending for affordable rental housing. Watch our video
Loans
What type of loan do you need?
Flexible financing to acquire, rehab, and refinance multifamily buildings with five or more units.
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Reduce operating costs through energy and water saving retrofits for multifamily buildings.
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Buying or refinancing a group of small buildings? Use CIC’s innovative product for portfolios of 1-4 unit buildings with at least 9 units total.
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Make your equity go further in high cost markets with CIC’s low-cost mezzanine debt product.
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Low-cost construction loans for local owner-developers to rehab or build new homes in Woodlawn.
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Long-term, fixed-rate Freddie Mac, Fannie Mae, and FHA financing. A great option for experienced owner-developers to finance stabilized, 6+ unit properties.
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Grants to cover up to 50% of total development costs for eligible properties in designated TIF districts.
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Property Management Training
Whether you own 6 units or 600 units – or maybe you’re just getting started – CIC has a workshop for you.
Workshop
PMT Certificate Course
The Property Management Training (PMT) is CIC’s signature workshop offering. This foundational course provides landlords with the knowledge to better market, manage, and maintain a residential rental property.
The dates listed on the registration form are only enrollment dates and not actual course dates.
This course is a learn-at-your-own-pace training (no specific start/end dates).
Course Modules
Course Introduction
Introduction to Investing
Residential Landlord/Tenant Ordinance – Chicago
Fair Housing
Marketing and Tenant Selection
Plus lots of supplemental materials you can download directly to your computer!
Testing
Our test is questions of course material in a multiple-choice format.
You must pass the test by 75% to receive your certificate.
Certificate
Your certificate expires after two years of your pass date.
Our certificate program complies with the City of Chicago, HUD Landlord Training, and most Bank/Lender requirements.
Single topic
Showing Your Rental Units Virtually
Now that in-person tours are not always an option, building owners must pivot to virtual showings. Watch CIC’s on-demand webinar to learn tips from industry experts. Speakers include:
- Amber Marie Green, Co-Founder and CEO, The Media Incubator of Chicago
- Chris Pezza, Sales Director, The Apartment Source
- C. Samya Thompson, Leasing Agent, DreamSpots Leasing and Sales
Single topic
Maintenance Management
COVID-19 has presented additional building maintenance challenges. Watch CIC’s on-demand webinar to hear tips on avoiding interrupted renovations and other issues from Valerie Batteast, Chief Consultant and Senior Project Management, @Great Lakes Development Consulting & Construction Management, Inc.
Single topic
Your Questions, Answered: Payroll Protection Program for Multifamily Building Owners
Do you have questions about the Paycheck Protection Program (PPP)? Would you like to access PPP but not sure where to start? Are you unsure if your business is eligible or feel lost in the process?
CIC invites you to join a conversation with Brad McConnell, CEO of Accion Chicago, to learn more about this important resource, and how Accion may be able to help you apply.
Single topic
Landlord Legal Update, Summer 2020
Real Estate
Properties for Sale
2444 W. 63rd St, Chicago, Illinois 60629
$ 480,000
Residential Occupied, Commercial Vacant 8 residential/ 4 commercial
Neighborhood
Marquette Park
Requirements
TBI Owned, CIC: REO Sale Guidelines
4156-690 W. Madison St/ 3-15 N. Keeler Ave, Chicago, Illinois 60624
$1,300,000
Residential Occupied, Commercial Occupied 18 residential/ 6 commercial
Neighborhood
Garfield Park
1426 E. Marquette, 60637
$260,000
Possible 6-unit
Neighborhood
Woodlawn
Requirements
TBI Owned Guidelines
2207 E. 67th, #1, Chicago, IL 60649
$45,000
Vacant 1-unit
Neighborhood
Woodlawn
Requirements
TBI Condo Guidelines
Success Stories
In the community
Santiago Valdez, CIC Borrower
“CIC kept looking at the deal from different angles to accommodate our needs and make sure we were reaching out goals.”
Success Stories
In the community
Geralyn and Glenn Boza, CIC Borrower
“I like to give our tenants a nice place to come home to.”
Success Stories
In the community
Jay Bomberg, CIC Borrower
“I am sure no other lender could have assisted me in so many aspects of my business.”
Success Stories
In the community
Gregory Thomas and Willette Henderson, CIC Borrower
“Through CIC Property Management Training, I picked up new information on maintenance and taxes, even as an experienced building owner.”
