Effective March 11, 2024, the Illinois Housing Development Authority (IHDA) has implemented changes to the Court-Based Rental Assistance Program (CBRAP) which reduces the awards granted to landlords.

As many landlords and rental property managers are aware that during the pandemic, the IHDA offered rental assistance in phases, periodically opening and closing application periods as funds were … Read More ›

In this checklist, we delve into a variety of important issues impacting condominium, homeowners (HOA), and townhome community associations. By examining these pivotal areas, we hope to empower board members, community leaders, and property managers with the knowledge and tools to navigate the evolving landscape of effective association management.

To organize this checklist, we’ll use the … Read More ›

A condo termination, also known as a condominium deconversion, refers to the process where a condominium association legally dissolves. Condo terminations occur for several reasons including economic factors, aging infrastructure, or the desire of unit owners to capitalize on real estate market conditions.

The specifics of how a condominium termination is carried out can vary based … Read More ›

A U.S. District Court judge in Alabama recently ruled that the Corporate Transparency Act (CTA) is unconstitutional. The CTA, enacted on January 1, 2021, directs the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) to establish a nationwide database of beneficial ownership of certain corporations and other legal entities, including condominium, homeowner (HOA) and … Read More ›