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Chicago Creative Investors Association

Email us: CCIA@CCIA-Info.com

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Your Legislators Need to Hear From You About Rent Control!

Housing Providers... 

Last year you made a difference stopping the Rent Control legislation from moving forward.  We need your help again.  We need you to contact your legislators and make them understand what a bad policy Rent Control is.  I have the "91 ways..." list you can download as talking points.


91 Ways to Create More Affordable Housing - And Rent Control Isn't One Of Them


Please speak to the candidates that are running for state office about this issue. You can point them to https://shapeillinois.com/ to get more information from a coalition of groups representing housing providers in Illinois.

Thanks for your support,
Jane Garvey

2021 Rent control threats

HB 0116 Repeal of the Rent Control Preemption Act
Position - Oppose 

Status:  Currently in the House.   4/8/2021 Placed on Calendar 2nd Reading - Standard Debate
For the most updated status visit: www.ilga.gov.

The time period to fill our a Witness Slip has expired

Rent Control Press Conference

Property owners argue against proposals to have rent control imposed,  that would limit owners from increasing rents on existing tenants.

Chicago's Morning Answer Interview with Jane Garvey

flipping america - interview with jane garvey

A little while back Flipping America did a show on Chicago and one of the guests was CCIA's President, Jane Garvey. This is an extended interview and focuses some of the time on rent control. Jane thinks this is not the answer for if we want more affordable housing and offers up 91 reasons why it is not.   Listen Now

Why Rent Control is Bad For Everyone

Dear CCIA Members & Friends,

Recently I was interviewed by Ed Kirch, CEO of Kirch Property Management regarding Rent Control.  

Video: https://www.youtube.com/watch?v=iTDxaSBC5qE&feature=youtu.be
We need your help to make this Issue go Viral!  To get the word out about and help people understand why Rent Control is BAD for Everyone!

  • Watch the video...
  • Post it on your Social Media...
  • Encourage all your friends, family & business acquaintances (even your residents) to share this video...
    This is an urgent issue and the more we speak out, the better!

Below is the information we previously sent out to OPPOSE Lifting the Ban on Rent Control, and some of the proposed Rent Control bills. This has been a tough fight that will continue.  

Thanks for your support
Jane Garvey

ALL OF THE FOLLOWING PROPOSED BILLS ARE STALLED AT  RULE 19(a) - Meaning they won't be called for consideration until the fall veto session at the earliest:
OPPOSE: HB0255 - Repeal the Rent Control Preemption Act (Repeals the Rent Control Preemption Act)
OPPOSE: HB2192 - Rent Control Tenancy Procedure (Establishes 6 rent control boards - tenant dominated boards set the rents)
OPPOSE: HB3207 - Rent Control Act (Establishes a rent control board in every county - tenant dominated boards set the rents)
OPPOSE: SB0032  - Mobile Home Landlord Tenant (Rent control allowing communities with  less than 1 million population to impose Rent Control on Mobile Home  Parks)
OPPOSE: SB2063 - Rent Control Preemption Act (Repeals the Rent Control Preemption Act)


This is not just a Chicago issue... the entire State of Illinois is at risk.  Rent Control Means:

  • You may no longer set the rent amount for your property. That decision will be decided by a Rent Control Board, primarily made up of tenants and tenant attorneys.
  • You may no longer raise rent without permission of the Rent Control Board
  • You may no longer use the profit of your business as you see fit. 10% of your profit must be escrowed for a repair fund.
  • You may not refuse to renew a lease unless you pay the tenant’s relocation fees amounting to thousands of dollars.
  • Who pays for the Rent Control Board? You do. You must pay an annual tax for each unit that you own. 

Do you want your property rights ripped from you and handed to bureaucrats?

TAKE ACTION - WHAT SHOULD YOU DO?

  • Contact your State Legislators
  • Visit www.shapeillinois.com
  • Plan on attending any future hearings that might come up
  • Donate to IRPOA's Legislative Fund

ARTICLES


  • RENT CONTROL AND THE THEORY OF EFFICIENT REGULATION by Richard A. Epstein
  • Rent Control - It's Not Just Happening in Chicago
  • 91 Ways to Create More Affordable Housing - And Rent Control Isn't One Of Them
  • Rent Control: Jane's Open Letter To The Senators
  • Crain's: Rent Control - Round Table Discussion
  • Crain's Chicago Business -Post Hearing Story
  • Article: Illinois Affordable Housing Crisis
  • Forbes: Rent Control-What It Means for the Real Estate Market - May 2018
  • Forbes: Dumbest Ideas of The Century... Rent Control is #2!
  • The Housing Affordability Problem in Chicago
  • Visit CCIA's Facebook Page to read other thought pieces on this subject
  • Rent Control: What it is; How to Fight it; and How to Survive it 
  • The Push for Rent Control is Getting Started
  • Send Us Your Stories


Contact Jane Garvey if you have any questions:  630-858-4663

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