Thank you to our dedicated members for all we continue to accomplish together.
Here are a few highlights:
Growing Our Base.
Under the leadership and direction of Executive Director, Andrea Traudt Inouye, and Membership & Events Coordinator, Emma Heemskerk, the Illinois Housing Council reached its goal of 250 organizational memberships in 2014, accounting for over 1,200 professionals involved in affordable housing throughout the State of Illinois.
Based on the strong efforts and performance of the IHC leadership, our membership has increased by 100 members – growing from 150 in 2012, to 170 in 2013, to 250 in 2014.
The success of IHC’s initiatives is rooted in the ability to bring together our members from all aspects of the industry to advocate on behalf of effective public policy and legislation for affordable housing and we couldn’t do it without your support.
Building Legislative Support for Affordable Housing and Community Development.
Through education and advocacy by the IHC Legislative Committee along with colleagues across the country, IHC successfully advocated for:
- The inclusion of the Low Income Housing Tax Credit (LIHTC) in the 2014 tax reform discussion draft published by Ways & Means Chairman, Congressman Camp – laying a strong foundation for the preservation of the LIHTC in the impending tax reform proposals;
- The inclusion of the 9% fix in the 2014 tax extender package – paving the way for a permanent fix; and the lifting of the Rental Administration Demonstration (RAD) cap from 60,000 to 185,000 units.
- IHC also secured bi-partisan support from 12 of the 18 members of the Illinois delegation of the U.S. House of Representatives as co-sponsors for H.R. 4717 – the permanent Low Income Housing Tax Credit 9% and 4% minimum rate fix.
Providing a Forum for Education and Networking.
IHC continues to provide a forum to discuss timely topics, learn best practices from one another and promote effective and efficient affordable housing policies.
IHC brought together hundreds of affordable housing professionals from all sectors for 10 events throughout the year – keeping the IHC membership up-to-date on the current issues in affordable housing, as well as providing opportunities to network, enjoy the company of affordable housing colleagues, and find new ways to work together.
Hosting Our Annual Conference.
IHC co-hosted another successful Illinois Governor’s Conference on Affordable Housing with the Illinois Housing Development Authority with over 600 individuals representing every part of the affordable housing industry in attendance and nearly 100 sponsors and IHC member supporters.
Please visit the conference website at www.ilgovernorsconference.org for a recap of the conference, including many of the panelist presentations, photographs, and videos of the keynote presentations, and information about next year’s conference.
Join us for one-and-a-half days packed with networking opportunities and engaging sessions on the current trends in affordable housing at this year’s conference.
Collaborating with Government and Other Funding Agencies.
In addition to successfully co-hosting the annual Illinois Governor’s Conference on Affordable Housing, IHC has been working closely with IHDA on multiple fronts. During the open comment period for the 2015 Qualified Allocation Plan (QAP), IHC gathered comments and suggestions from our membership and submitted a letter of recommendation to IHDA.
IHC continues to engage in regular dialog with the Illinois Housing Development Authority around the Qualified Allocation Plan (QAP) and other critical issues facing the development and preservation of affordable housing in Illinois. We have also partnered with the Federal Home Loan Bank of Chicago on an annual basis to provide our members with a forum to review the Affordable Housing Plan process and ask questions to representatives at FHLB Chicago.
We look forward to continue to build our relationships with IHDA, HUD, FHLB Chicago and the City of Chicago, and our member organizations in the year to come.