A Chicago-based organization dedicated to the advocacy of market based housing policy that allows the city to grow, while maintaining local ownership and maintaining quality housing options.
The NBOA PAC is constantly working to promote and maintain market based housing policy in Chicago but we need your help! We are an all volunteer organization working in Chicago's dynamic political landscape to maintain policies that promote local ownership and quality housing for the Chicagoland area.
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Aron Bornstein, a landlord and the president of the Evanston North suburban housing providers, said the policy would be bad for tenants and landlords. “These are bad policies,” Bornstein said. “They will raise rents, they complicate the landlord’s job, and they are bad for real estate in general, which will drive away investors.”
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Landlord Aron Bornstein spoke against the proposed amendments saying the amendments were unfair to landlords because tenants only had to give landlords a 30 day notice of lease non-renewal but a landlord had to give a tenant 90 day notice. He also said the 90 day day notice would effectively remove monthly leases resulting in unintended consequences.
The amendments, combined with penalties housing providers could face if they fail to meet the new standards, would drive small and medium-sized housing providers out of Evanston due to potential price increases, (Aron Bornstein) said. “A small-time landlord that gets hit with that type of penalty is going to look to exit the market,” he said. “We’re really hoping that the City Council will bite into it and act more rationally in terms of these penalties.”
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A Chicago-based organization dedicated to the advocacy of housing policy that allows the city to continue to grow, while maintaining local ownership and offering great housing options.
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