Journal Article

Preserving Chicagoland's Small Multifamily Housing Stock


Abstract: On May 22, 2014, more than 75 lenders, regulators and housing stakeholders gathered at the Federal Reserve Bank of Chicago to discuss lending to small rental properties (5 to 49 units). Co-hosted by the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), the Institute for Housing Studies at DePaul University (IHS), Community Investment Corporation (CIC) and The Preservation Compact, the discussion focused on causes and potential solutions for the dearth of lending to small rental buildings in Chicagoland?s low? and moderate?income communities.

Keywords: stocks; housing; Chicagoland;

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Provider: Federal Reserve Bank of Chicago

Part of Series: Profitwise

Publication Date: 2015

Issue: 1

Pages: 1-4