Articles tagged 'Multifamily finance'
Since 2010, the number of children in Chicago declined by 40,000. Chicago ranks near the top of cities in the nation for child population declines, right behind Cleveland and Detroit.
The City of Chicago commissioned the Institute for Housing Studies to develop data to guide conversations around developing Chicago’s 2019-2023 Five-Year Housing Plan.
In light of the continued acute need for affordable rental housing in Cook County, the latest report from IHS examines a key challenge to maintaining and increasing the supply of affordable rental units: access to credit for multifamily properties in the county's lower-income communities. This report builds on the findings from the 2013 State of Rental Housing in Cook County using mortgage data released in October of 2014.
This brief highlights the key role the two-to-four unit housing stock plays in Cook County and the challenges facing the stock.
Research from IHS highlights the challenges investors in and owners of smaller multifamily rental properties (buildings with between 10 and 49 units) face when attempting to access sufficient credit for acquisition, rehabilitation, or refinancing.
This working paper and issue brief examines property price declines and foreclosure experience on multifamily mortgages in Cook County (Chicago) over the period 1998 to 2009.