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Journal Article
Preserving Chicagoland's Small Multifamily Housing Stock
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.
Journal Article
Financing energy efficiency retrofits of affordable multifamily buildings
Apartment buildings are home to more than 17 million households nationwide, yet they remain a significant and mostly untapped opportunity for energy efficiency gains. Energy efficiency upgrades in multifamily buildings could save building owners and residents up to $3.4 billion annually. Many cities and states that have embraced energy retrofitting as a job creator and boon to both the environment and economy have yet to address potential savings in multifamily properties, primarily because of obstacles not faced by single-family and commercial properties. The need for multifamily energy ...