City Council Approves South Shore Condo Co-Op Preservation Fund Pilot
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Chicago City Council approved a new pilot preservation fund that targets vulnerable condo and co-op owners in the South Shore community.

The fund will provide owner-occupant grants to owners and a low-interest, long-term loan/grant product to HOAs for needed repairs and deferred maintenance to ensure that longtime homeowners can remain affordably housed.

Condos in South Shore should inquire with their Alderman about the program if they feel they’re a candidate. 

Learn more here.