New Effort to Tilt the Playing Field Against You
Details
We are entering the final minutes of this legislative session. The clock is ticking fast for every housing provider in Illinois. You need to know the score before the final whistle blows. Decisions made now will impact your business for years.
New Plays, Same Tactics
New "BUILD" bills (Building Up Illinois Developments) dropped into the legislative process just last week. These arrived well after the normal deadlines for new legislation.
On the surface, these reforms look like progress for our industry. However, they contain hidden ways the State can call game-changing fouls against housing providers. We have spotted language regarding rent control and aggressive anti-screening measures.
Review the Playbook
These summaries provide background on the plan. You may refer to one or both:
- Illinois' BUILD Plan - YIMBY Action: A clear look at the six major land use and zoning reforms.
- Governor Pritzker's BUILD Agenda - Elrod Friedman LLP: A technical perspective on specific legal changes to the Municipal Code.
New Meeting Date: Monday, May 18
We do not want to conflict with your Memorial Day holiday plans. Consequently, we have moved this meeting up one week.
Please join us this coming Monday night, May 18. We will discuss which bills are moving and what to expect next. Your participation is the only way to protect our community.
Focus Your Advocacy
We cannot fight these battles for you. However, we can help you focus on what is truly important.
Protect your investment by staying informed.Register for the Legislative Update now! We are stronger together. Please invite every fellow housing provider you know.
This event is brought to you by the Chicago Creative Investors Association.
These updates are for educational purposes only and do not constitute financial or legal advice.
