Affordable
housing where
people
need it most.

Our strategy is simple—preserve and maintain rental properties in places that provide more opportunities for people.

          Where
      we invest
   matters.

When we live proximate to the people we love and what we need to thrive, housing becomes a home. That’s why we invest in preserving affordable housing where green parks, good schools, and grocery stores are proximate to the families we serve.

CMHDC purchases and preserves multifamily properties in communities across the Chicago metropolitan area. We target communities at risk of losing affordable housing and the working families who depend on them. Preserving these units in safe communities with good schools, amenities, and services increases our social impact and affords low-income individuals the opportunity to reside in thriving communities. Purchasing and renovating existing multifamily properties is the most cost-effective way to add more affordable units to the rental housing market.

We bring 
capital +    
capacity to 
the table.

We are leaders in affordable rental property preservation. We are able to respond to the market quickly, without waiting for government subsidies. We are able to preserve more housing with fewer dollars because we work with private lenders, investors, and philanthropists to complete our project financing. We are able to leverage our own financial resources, which means we are not reliant on government funding.

Help more
  families.

Every dollar we raise generates new investment to purchase, renovate, and maintain quality rental housing for more families in more communities, especially those at risk of losing their homes due to escalating housing costs.