Monday and Tuesday, I attended the Illinois Housing Council Affordable Housing Conference at Navy Pier which was very well attended. Enjoy the pictures and my top 3 takeaways are: 1) OVERALL: I'm adding to my reading list, "Homelessness is a Housing Problem." co-author Gregg Colburn outlined data-driven facts about how the lack of housing is the true root cause of homelessness. 2) DEBT: Lenders/Borrowers have been able to eke out a bit of additional equity to fund over runs with the AMI increases and the inverted yield curve has afforded the ability to tap into slightly over-subscribed escrows from bond escrows (on Bond deals); some lenders are fixing construction loans either directly or through rate caps. 3) GREEN: Residential renovations are tough to be candidates for Phius in that the envelope is usually already in-place and that is a large component of where passive house benefit comes from but there are other sustainable measures to attain green certifications. Added pluses: visiting time with policy guru Adriann M. and I was thrilled to see client Chicago Community Loan Fund was a conference sponsor with lots of activity at the booth. The event was so well organized I'm already looking forward to next year!
Darrow Peck Investments & Consulting
Leasing Non-residential Real Estate
Chicago, Illinois 13 followers
Focuses on investment in Chicago's neighborhoods and on efforts to grow Chicago's middle class.
About us
DPI&C invests in and consults on affordable housing and community development initiatives throughout Chicago.
- Industry
- Leasing Non-residential Real Estate
- Company size
- 2-10 employees
- Headquarters
- Chicago, Illinois
- Type
- Privately Held
- Founded
- 2020
- Specialties
- Affordable Housing, Community Development, Commercial Real Estate, Investment, and Finance
Locations
-
Primary
Get directions
3907 N Claremont Ave
Chicago, Illinois 60618, US