Chicago & Midwest + Downtown + Finance | April 30, 2020

Chicago Landlords, Lenders Take Solidarity Pledge

Chicago’s leading housing lenders and landlord associations, including the Chicagoland Apartment Association, have signed onto the Chicago Housing Solidarity Pledge, an effort to provide relief to beleaguered tenants and building owners negatively impacted by the COVID-19 pandemic.

The pledge affirms that lenders and landlords may offer eligible renters and mortgage holders deferred payment agreements and other financial relief, in response to the economic fallout of COVID-19 and continuing after the pandemic.

“The Chicago Housing Solidarity Pledge represents our city’s shared commitment to our residents and building owners alike, whose homes and livelihoods have come under threat as a result of this crisis, and I am extremely proud that renters, landlords, homeowners, and lenders have all come to the table to work in partnership for our city and develop strong solutions to our shared challenges,” said Mayor Lori Lightfoot.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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