Events / Webinars

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As most of you know, on September 9, with no meaningful input from our industry, the City Council hurriedly passed the Northwest Housing Preservation Ordinance. Within a six square mile area of Logan Square, Hermosa, Humboldt Park and Avondale, and most of Pilsen, the ordinance imposes a draconian 4X increase in demolition permits and, more significantly, requires owners seeking to sell their rental properties to comply with onerous right of first refusal. The ordinance became law a month later at the October 9 City Council meeting. The Department of Housing is staying enforcement until November 9th, leaving many housing providers, brokers and other real estate professionals scratching our heads.

The Neighborhood Building Owners Alliance and two of our Affiliates, the Northwest Side Building Coalition and the Latino Real Estate Council, are hosting a Zoom call and do our best to explain this troubling ordinance and answer questions. We will also discuss our likely path forward to reduce its detrimental impact.

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How is AI going to change the way we own and manage multifamily properties? What are the benefits and potential challenges we will face with this new technology? NBOA hosted a Zoom event to learn from industry experts who are introducing AI into products and services that we use on a daily basis in our real estate businesses.

MODERATOR
DON VINCENT
Owner/Publisher
The Daily Line
Don leads a team of reporters and content creators to produce a series of newsletters that inform members of governmental policy and the political forces shaping it, in Chicago, Cook County and the State of Illinois. Don has over a decade of political strategy experience and successfully advised businesses, candidates, and labor organizations in campaigns to engage their stakeholders to achieve their desired outcomes.

CAT ALLDAY
Vice President, Product Development
Appfolio
Cat is responsible for leading product teams, defining product strategy including how artificial intelligence can best be applied to solving the complex challenges faced by property managers daily. In this role, Cat gets most excited when seeing the impact AI has in helping customers transform their businesses, from improving lead-to-lease conversion to spending time on more meaningful work and making better decisions.

JON REPKA
Vice President Sales
Honeycomb Insurance
Jon leads the Sales, Customer Success, and Revenue Operations teams at Honeycomb Insurance, which is using AI to unlock competitive real estate insurance coverage and pricing. Jon brings over 10 years experience launching and scaling growth teams, including successful outcomes at multiple InsurTechs and Artificial Intelligence-driven technology companies.

MIKE WOLBER
Chief Sales Office
Apartment List
Mike oversees sales strategy for Apartment List, the nation's third largest Internet Listing Service. Mike has integrated AI into the fabric of Apartment List's business model, changing the landscape of the company from an ILS to an AI powered leasing platform.

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On March 19, Chicagoans will vote on the Transfer Tax Increase referendum (also known as "Bring Chicago Home") - a measure that, if approved, would impose a substantial transfer tax increase on buyers of properties exceeding $1M.

We provide an update the neighborhood multifamily industry and others about the status of the upcoming referendum, and discuss steps that we can all take to defeat this measure.

• Hear from key leaders organizing our opposition to the referendum, including the Chicago Forward campaign and our lawsuit challenging the referendum.
• Gain important perspective from two leading Chicago property tax experts, including Board of Review Commissioner George Cardenas (1st District).
• Hear perspective from Alderman Anthony Beale, 9th Ward, a key alderman behind the exciting redevelopment in Pullman.
• Learn about what we can each do to help us prevail?

Update on Bring Chicago Home Referendum
Tuesday, February 6, 2024
Noon - 1:15PM

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THE BRING CHICAGO HOME TAX INCREASE:
Its Impact on Downtown, Neighborhood Multifamily, Homeowners and Tenants.

Last week, Mayor Brandon Johnson and his City Council allies introduced the Bring Chicago Home Ordinance, which would impose a substantial increase in the transfer tax on all real estate transactions exceeding $1 million. The sponsors of the ordinance pledge to use the proceeds from the tax increase to address homelessness issues in Chicago. But, at what cost?

Learn more about the proposed ordinance, its dire impact on our struggling downtown and neighborhood multifamily, and its likely consequences on Chicago homeowners and renters.

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Each August, NBOA hosts a gathering of hundreds of neighborhood housing providers, managers and professionals serving the multi-family industry throughout the Chicago area. If you’ve attended any of our previous Summer Soirees, you know it provides an amazing opportunity to network with like-minded professionals while enjoying delicious food, drink, and music under a summer evening sky.

Proceeds from the event help support the work of the NBOA, a non-for-profit association of neighborhood building owners groups who represent the interests of Chicago’s small- and mid-size housing providers.

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We are all familiar with Chicago and regional efforts to resettle new migrants. While migrants are waiting to be processed, many remain unhoused. Apartment owners and housing providers play an active role proving the needed housing.

The Neighborhood Building Owners Alliance (NBOA) and the Latino Real Estate Investors Council (LREIC) have come together to provide guidance. Our expert panelists will provide the latest insight as we learn how we may be able to house and employ our new waves of immigrants.

MODERATOR
Rafael Leon
Executive Director
Chicago Metropolitan Housing Development Corporation (CMHDC); Board Member, LREIC

PANELISTS
PAUL ROLDAN
President
Hispanic Housing Development Corp.

KALMAN RESNICK
Partner
Hughes Socol Piers Resnick & Dym, Ltd.

ANDRE VAZQUEZ
Alderman (40th)
Chair, City Council Immigration Committee

AMI NOVORYTA
Chief Program Officer
Catholic Charities of the Archdiocese of Chicago

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In her tenure serving as President of the Metropolitan Water Reclamation District (MWRD, Kari Steele has proven to be an able administrator, serving with honor and distinction, overseeing a billion-dollar budget.

Ms. Steele is now running for Cook County Assessor. How would she plan on operating the Assessor’s office differently than the incumbent? What kind of systematic changes to the assessment system would she envision? How would assessments for neighborhood housing be impacted if she were to prevail?

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This year, many Cook County housing providers and property managers are facing significant challenges when attempting to enforce their leases.

Eviction cases – Housing providers and managers are facing lengthy return dates when cases are filed and confusion and challenges in moving cases forward.
Court Based Emergency Rental Assistance - The only current source of rental assistance for housing providers and tenants is Court-Based Rental Assistance, available only when evictions are filed. What are the best practices for accessing these funds?
Mandatory Mediation - A Circuit Court initiative launched last year known as the Early Resolution Program (ERP) requires that tenants be given significant time to consult with legal aid attorneys and court administrators about their options before their cases proceed to a trial judge. How does this new program work?

On Tuesday, May 17, we heard hear from two key people knowledgeable about these issues.

Bob Glaves, Executive Director of The Chicago Bar Foundation - Bob was instrumental in creating the ERP program and helping engineer some of the Cook County Court reforms designed to improve the flow of cases and, when possible, provide rental assistance to housing providers and tenants.

Dan Cassell, ERAP Program Director, CIty of Chicago Department of Housing - Dan will talk about the Court-Based Rental Assistance program. How long will these funds likely remain available, and how can parties access these funds in the most expeditious manner?

Representatives from the offices of the Circuit Court of Cook County and the Cook County Sheriff were also available to answer questions pertaining to their roles in the eviction process.

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