Chicagoland Apartment Association Statement on City Council Delaying Votes on Housing Proposals

CHICAGO – The Chicagoland Apartment Association released the following statement after Chicago City Council delayed voting on both the Protecting Renters Ordinance (PRO) and the Fair and Accountable Illinois Rental (FAIR) Ordinance.

“We’re pleased that the Protecting Renters Ordinance (PRO), with its excessive costs, fees, requirements, and regulatory burdens, has not advanced. At a time when Chicago is facing a housing shortage and affordability crisis, policies that make it more expensive and difficult to maintain, renovate, and build rental housing are the wrong approach.

While the Fair and Accountable Illinois Rental (FAIR) Ordinance represents a more balanced approach that provides meaningful renter protections without imposing the same level of burdens as PRO, it’s clear that more work needs to be done. We remain committed to working with the City Council and stakeholders on a practical approach that addresses Chicago’s housing shortage by encouraging investment, development, and maintenance of multifamily housing, without unnecessary regulations that make apartments more expensive to operate.

Chicago needs more homes, more investment, and more options for renters, not more hurdles,” said Michael Mini, Executive Vice President, Chicagoland Apartment Association.

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About the Chicagoland Apartment Association

The Chicagoland Apartment Association (CAA) represents more than 7,000 apartment professionals who own and/or manage over 308,000 market-rate and affordable rental units in over 2,100 apartment properties ranging from high-rises to two-flats across the Chicagoland region. CAA is federated with the National Apartment Association and provides professional development and networking opportunities to apartment industry professionals and advocates on their behalf at the state, local and federal government level. For more information, please visit www.caapts.org.