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The Illinois Department of Financial and Professional Regulation was created on July 1, 2004. It is responsible for the regulation, oversight, and licensure of almost 300 different types of professional licenses and financial institutions. The current director ("Secretary") of this department is Mario Treto, Jr.
National Apartment Leasing Professional (NALP): A course offered to leasing professionals to improve critical skills in effective marketing strategy, qualifying prospective residents, closing sales, preparing and executing lease agreements, responding to resident issues and understanding the lease renewal process.
The agency's Board of Commissioners is appointed by the city's mayor, and has a budget independent from that of the city of Chicago. CHA is the largest rental landlord in Chicago, with more than 50,000 households. CHA owns over 21,000 apartments (9,200 units reserved for seniors and over 11,400 units in family and other housing types).
Altgeld Gardens Homes is a Chicago Housing Authority (CHA) public housing project on the far south side of Chicago, Illinois, United States, on the border of Chicago and Riverdale, Illinois. The residents are 97% African-American according to the 2000 United States Census . [ 1 ]
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Executive Order 11063: prohibits discrimination in the sale, leasing, rental, or other disposition of properties and facilities owned or operated by the federal government or provided with federal funds; Executive Order 11246 as amended, bars discrimination in federal employment because of race, color, religion, sex, or national origin.
The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.
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