NBOA on Fox & Friends
On Sunday July 30, 2023, Miguel Chacon appeared on Fox & Friends national morning news show to discuss Chicago's proposed increase in the title transfer tax. Miguel spoke to the unintended consequences of the proposal,…
On Sunday July 30, 2023, Miguel Chacon appeared on Fox & Friends national morning news show to discuss Chicago's proposed increase in the title transfer tax. Miguel spoke to the unintended consequences of the proposal,…
A front-page story in the Chicago Tribune about housing for immigrants discusses the challenges facing housing providers and their response to the situation. Referring to the "June 11 discussion … hosted by the Neighborhood Building…
Chicago Tribune, June 21, 2023. Chicago rental assistance program restarting soon as state takes over Michael Glasser, president of the Neighborhood Building Owners Alliance, said the extra month provided to tenants and landlords to negotiate…
The Chicago Tribune's story on eviction and the ERP (Early Resolution Program) prominently featured the perspective of neighborhood housing providers, describing how the ERP "has dramatically slowed down the eviction process, drawing praise and pushback…
When industry publication The Real Deal wanted to learn more about Chicago's proposed Title Transfer Tax, it reached out to the NBOA as a well-established source of insight. The NBOA's media consultant connected the reporter…
Over 70 NBOA members and colleagues joined a 3/6/23 Zoom call where we received an update on pending legislation that could usher in rent control in Illinois. Illinois Realtors Senior Advisor for Governmental Affairs Betsy…
For the past three weeks, the NBOA team has been working with the Chicago Tribune's commercial real estate reporter on a story regarding the new Property Tax Incentive Program. You can read the full story…
KEY FINDINGS Operating expenses are rising faster than rent increases. Half of respondents experienced utility, labor, and property tax increases of more than 10% (48%, 49% and 52% respectively), and many of them experienced increases…
NBOA has only enough money in its bank account to to see us through for the next month and a half. Unless NBOA can generate an influx of revenue, we will be required to make some really…