On Monday, March 9, a focus group made up of Chicago REALTORS® met with representatives from the City of Chicago’s Affordable Requirement Ordinance (ARO) Task Force to provide feedback and concerns about the program. Task Force attendees included co-chairs Alderman…
You or your clients may have received a letter from Assessor Fritz Kaegi’s office regarding information about the Real Property Income and Expense (RPIE) online tool. The letter is seeking data regarding a building’s income, expenses and vacancies. This information…
Following a lengthy rulemaking process, the Cook County Board adopted a set of rules for the Just Housing Amendment which took effect on December 31, 2019. The Cook County Human Rights Commission has released new Just Housing Amendment resources to…
The FHA released its loan limits for 2020 on December 3, 2019, with just about every county seeing an increase in the highest and lowest-cost loan limits. Loan limits are calculated so that all counties in one Metropolitan Statistical Area…
JUST HOUSING AMENDMENT UPDATE The new rules for the Just Housing Amendment have taken effect, although enforcement begins January 31. This amendment expands the Human Rights section of Cook County municipal law to protect individuals with a criminal background when…