There have been a lot of twists and turns in the saga of the many eviction moratoria that have been imposed on housing providers, and that seem to never go away. But there are cracks in the wall. As I write this article, the federal ban on evictions, put out by The Centers for Disease Control and Prevention (CDC), appears to be dead after a 6-3 ruling by the US Supreme Court decided that the CDC had exceeded its authority. But it’s another story in Illinois where it’s Lucy, Charlie Brown and the football – over and over again. This little drama stars Governor Pritzker as Lucy, and housing providers in the role of the ever-gullible and hapless Charlie Brown.

By:

Rick Ofman
Advisor, Kiser Group

Kiser Group and the Neighborhood Building Owners Alliance (NBOA) surveyed over 150 Chicago housing providers to determine the effect of the Emergency Rental Assistance Program (ERAP) on the rental housing market in the Chicago area and its impact on rent collections and the neighborhood housing landscape since the onset of the pandemic.

Rogers Parkers are a diverse group of people coming from many places and holding many beliefs. But ask anyone who knows the neighborhood, or who has lived there for any period of time where they would most like to live and odds are good you will hear a consistent answer – Eastlake Terrace.

In the Fall 2020 Newsletter, we reported encouraging progress in the efforts of RPBG Director Ibrahim Shihadeh to build a new, seven-story apartment building with garage parking on the 1200-block of West Pratt Avenue. A lot has happened since then. None of it is good news for housing providers and developers.