CHAD fact sheet
We are committed to delivering quality affordable housing where individuals and families can live, work and thrive. ~ CHAD Mission Statement
Organizational Overview
Established in 1983, Community Housing Advocacy and Development (CHAD) is a 501(c) 3 corporation that is the largest nonprofit supplier of quality, affordable, long-term rental housing on a scattered-site model in 29 communities located in DuPage, Kane, Will and Cook counties in northeastern Illinois.
- CHAD owns, leases and manages almost 200 properties that represent a range of affordable housing opportunities including single family homes, duplexes, apartments and townhomes.
- CHAD operates as a rental property management company with a charitable focus of providing rental assistance, in the form of below market rents, to income qualified applicants. CHAD serves over 1,200 residents. Residents pay 25-50% below the fair market rent, saving them more than $1,000,000 annually.
- CHAD relies on grants, public and private donations and corporate sponsorships to bridge the operating gap between revenue generated from offering below market rents and fair market costs to maintain housing inventory.
- CHAD is committed to Equal Housing opportunity for all applicants.
Who We Serve
Our services are directed primarily to hard working individuals and families who struggle to support themselves.
- The majority of CHAD residents do not receive any public assistance. However, CHAD does accept income qualified applicants that rely on some form of public assistance or who are agency sponsored.
- The household income of these particular residents ranges between $26,000 and $47,000 per year. Prior to renting from CHAD, these residents have historically paid a greater portion of their income on housing and basic necessities than what they could reasonably afford.
- The target population includes single mothers or fathers, seniors, families on limited incomes, immigrants, veterans, mentally disabled, entry level and service sector workers.
Service Statistics
- Family Composition: Single Female with children: 47%; Two adults w/children: 18%; Single Female 17%; Two adults, no children: 10%; Single Male: 7%; Single Male w/children 1%.
- Household Income: <40% MFI: 46%; 41-50% MFI: 26%; 51-60% MFI: 12%; 61-80% MFI: 13%; >80% MFI: 2%
- Housing by Lease Type: Low Cost Rental: 52%; HCV: 27%; Community Agency Sponsor: 15%; Other: 6%
How We Impact
CHAD’s affordable housing creates a dramatic and positive impact on individuals and families, local businesses and the community.
- CHAD provides hardworking individuals and families with the ultimate gift of stable and permanent housing as well as access to good school systems and community resources to allow them to achieve their dreams, build a better future and inspire or maintain self-reliance.
- CHAD makes it easier for businesses to find and retain workers in the markets they serve and shorten workers commuting times.
- CHAD helps to sustain economic development in our communities and positively impacts neighborhood stabilization through successful collaboration with other government or nonprofit agencies to revitalize vacant or foreclosed homes.
Support CHAD
Please help provide affordable housing to more than 1,100 people each year.