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.
Workshop
Crime Prevention/Detection For Landlords & Property Managers
This session will cover:
How can a landlord limit responsibility for crimes committed by strangers on the rental property?
What kind of legal trouble do landlords face from tenants who deal drugs on the property?
How can a property owner avoid liability because of tenants who deal drugs or otherwise break the law?
What are the landlord’s responsibilities for tenant safety and security?
Presenter:
William H. Townsell
Office of Community Policing
Chicago Police Department
Workshop, Event
Understanding Accessory Dwelling Units (ADU) for Multifamily
Interested in adding a basement unit to your multifamily property? Join us to learn more about a new City of Chicago program that can help you add additional units to your building. The program may also make it easier for you to legalize existing non-conforming units.
The Additional Dwelling Units (ADU) Ordinance, approved by the Chicago City Council in December 2020, expands housing access across Chicago by allowing new units in attics, basements, and accessory buildings like coach houses. The ordinance also provides a path for legalizing non-conforming units that were previously built without zoning approval and building permits. The ordinance applies to single-family homes, 2-4 unit properties, and multifamily buildings. This webinar will focus on what the ordinance means for multifamily property owners.
We will discuss:
– ADU Ordinance for Multifamily 5+Units
– Affordability Considerations
– Financing Options
Presenters:
– The Preservation Compact
– City of Chicago Department of Housing
– CIC Lending
Workshop
2022 Landlord Legal Update – What’s Next
Workshop
CIC Lending Overview 2022 – This is How We Do It
2022 Outlook and New Financing Options
Real Estate
Properties for Sale
2207 E. 67th, #1, Chicago, IL 60649
$45,000
Vacant 1-unit
Neighborhood
Woodlawn
Requirements
TBI Condo Guidelines
6223 S. Vernon / 6243 S. Vernon
$250,000
Vacant 11-unit
Neighborhood
Woodlawn
Requirements
TBI Owned Guidelines
8026 S. Drexel Av, Chicago, IL 60619
$90,000
Vacant 6-unit
Neighborhood
Chatham
Requirements
TBI Owned Guidelines
207 N Parkside Ave, Chicago, IL 60644
$150,000
Vacant 6-unit
Neighborhood
Austin
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.”