We’ve just closed on another successful project—a 6-unit property in the Fuller Park/Back of the Yards neighborhood. Thank you to Chaston Montgomery, MBA, our dedicated loan officer, for his key role in making this happen. If you’re ready to dive into your next project, give us a call today! www.cicchicago.com
Über uns
COMMUNITY INVESTMENT CORPORATION, Chicago's Multifamily Rehab Lender, is a nonprofit providing mortgage financing to buy and rehab apartment buildings with five units or more in the 6-county metropolitan Chicago area. Since 1999 over 14,000 landlords and managers have completed CIC property management training to help them better market, manage and maintain affordable rental property. CIC also provides below-market financing for multifamily energy improvements in the Energy Savers program. Since 1984 CIC has loaned over $1.2 billion for acquisition and rehab of over 2,200 buildings with 58,000 units. In 2012 CIC received the MacArthur Award for Creative and Effective Institutions.
- Website
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http://www.cicchicago.com
External link for Community Investment Corporation
- Industrie
- Finanzdienstleistungen
- Größe des Unternehmens
- 11-50 Mitarbeiter
- Hauptsitz
- Chicago, IL
- Typ
- Nonprofit
- Gegründet
- 1984
Standorte
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Primäre
222 S Riverside Plaza, Suite 380
Chicago, IL 60606, US
Employees at Community Investment Corporation
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Andrea Raila
Senior Tax Analyst at Raila & Associates, Privately Held Law Firm Concentration Real Estate Industry
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Jack Crane
Sustainable Banking Executive
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Teresa Gutierrez Rubio
Community Development | Affordable Housing | CDFI Partner | Impact Investing
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Erica E. Myles
Property Management Training Coordinator & Chicago History Enthusiast
Aktualisierungen
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Another successful closing in the Austin neighborhood - if you're looking to start your next project, reach out to us today! www.cicchicago.com
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Another successful closing - 6 units in Little Village! If you’re ready to start your next venture, give us a call today! www.cicchicago.com
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Wells Fargo’s Open for Business Fund supports small businesses hardest hit by economic disruption from the pandemic. Community Investment Corporation (CIC) was one of 200+ organizations selected to expand access to capital and expertise. Today, we celebrate the impact of working together. https://bit.ly/4dl4j2j
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Mark Your Calendars! Join us this August for CIC's exciting Property Management Training Events! Whether you're a seasoned pro or just starting, our sessions are designed to equip you with the skills and knowledge you need to succeed. Don't miss this opportunity to learn, grow, and network with fellow professionals! Thursday, August 8, 12 pm to 1 pm - Lunch & Learn: How To Help Residents Avoid Evictions Wednesday, August 14, 12 pm to 1 pm - In-Person Eviction Court Observation & Debriefing (PMT) Tuesday, August 13, 7 pm to 8 pm - CIC Book Club Series #4: Real Estate 100: The Teen and Millennial Investment Blueprint Tuesday, September 3 - October 15, 7 pm to 8 pm - CIC Book Club Series #5: CIC Book Club Series #5: The SouthSide: A Portrait of Chicago and American Segregation Save these dates and enhance your property management skills and knowledge. Register here: https://bit.ly/3SSpMVr
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Community Investment Corporation reposted this
Thank you to our Sustaining Member Community Investment Corporation for hosting our Board Members for a tour to view their #affordablehousing projects in the Woodlawn neighborhood of Chicago in collaboration with Preservation of Affordable Housing, Emerald South Economic Development Collaborative, and EBM Equity. We are proud of the great work they continue to do as leaders in affordable housing and neighborhood revitalization!
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Community Investment Corporation reposted this
Absolutely thrilled to represent Community Investment Corporation on Mayor Johnson's Cut the Tape Task Force!
Mayor Brandon Johnson today made three major announcements as part of his signature Cut the Tape initiative to streamline and expedite housing and commercial development. The announcements include the completion of several policy initiatives that were outlined in the Cut the Tape Report, the appointment of Abigail Sullivan as the inaugural Director of Process Improvement, and the creation of the Cut the Tape Task Force consisting of nearly 50 development leaders. This is just the beginning! We have more announcements coming later this month.
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Community Investment Corporation reposted this
We wrapped our 3rd installment of Community Investment Corporation’s Property Management Training Book Club Series with the conclusion of our reading of "Making Mexican Chicago: From Postwar Settlement to the Age of Gentrification" by Mike Amezcua. Here’s what attendees had to say: --The book club surpassed my expectations. --The perspectives shared piqued my interest to explore further. --I’m so looking forward to re-reading this book next year w/ others. --Be prepared for a safe, kind, respectful, thoughtful discussion about things that matter. --Come on, join! Truly a welcoming environment. ********** We discussed the “ethnic succession” of neighborhoods, Ashland Avenue as a rigid racial boundary line, the “racialized weaponization of zoning” and much more. We also covered questions like: ==>What experiences have you had (or have you heard of) reflecting the perception that Chicago recognizes questions about race primarily through the lenses of black and white? ==>As more Mexican American renters in the 1970s taught themselves what it took to successfully manage properties so they could apply pressure to slumlords of the day, more and more chose to buy rental properties of their own. How has the emergence of a new class of Mexican American rental property owners shifted the power dynamic in communities like Pilsen and Little Village? ==>Do you believe desarrollo sin desplazamiento (development without displacement) is possible? If so, what are your suggestions for how to make it successful? ==>What is your opinion about the relationship between tourism and neighborhoods like Pilsen and Little Village? Do you believe the fascination of those who live outside these communities does more harm or more good? ==>How has the landscape of Chicago changed since the early 1970s to reflect the culture and economic power of the Mexican American community? A huge thank you to our co-sponsors for this reading, Miguel Chacon of Latino Real Estate Investors Council and Emilio L Carrasquillo of Spanish Coalition for Housing (SCH). Thanks for helping us make this an insightful and engaging conversation! ********** CIC book club readings: 1st installment: Think and Grow Rich by Napoleon Hill (Jan-Feb 2024) 2nd installment: The Only Woman in the Room: Knowledge and Inspiration from 20 Women Real Estate Investors by Ashley Wilson (March-April 2024) 3rd installment: Making Mexican Chicago: From Postwar Settlement to the Age of Gentrification by Mike Amezcua (May-June 2024) If you would like to learn more about our next reading of this title or other programming to support independent rental property owners, please click this link: https://lnkd.in/gd55VjsJ #MakingMexicanChicago #Pilsen #LittleVillage #gentrification #bookclub
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Congratulations to Stacie Young, CIC President & CEO, on being selected for membership on the inaugural Federal Housing Finance Agency (FHFA) Advisory Committee! Stacie joins 19 other members from across the nation who will advise on how FHFA regulated entities Fannie Mae, Freddie Mac, and the Federal Home Loans Banks can best serve communities through housing finance and community investment. We are thrilled to have Stacie represent the affordable rental industry, CDFIs, and Chicago neighborhoods through her engagement with the Committee. https://bit.ly/3RJabtG
FHFA Announces Inaugural Members of Federal Advisory Committee on Affordable, Equitable, and Sustainable Housing
fhfa.gov
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Community Investment Corporation reposted this
Join us on June 6th for the Deep Dive featuring Andre Collins on the "When to Ask and Expect Equity" panel. Andre oversees commercial multifamily and single-family acquisition and disposition strategy for Community Investment Corporation (CIC) and its affiliate Community Initiatives Inc. (CII). With over 20 years of experience in real estate, he has managed projects worth over $1 billion, including the redevelopment of Chicago Housing Authority’s ABLA Homes into Roosevelt Square. Recently, Andre launched the Community Equity Partner Fund (CEPF) to support BIPOC developers. Deep Dive Ticket Link: https://bit.ly/44SByqd #DiversityInRealEstate #CommercialRealEstate #Networking #Collaboration #RooseveltUniversity #DDC24
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