About the Workbook
Housing 1-2-3 is a step-by-step
guidebook designed to make the complex issues of planning, developing,
preserving, and managing housing more understandable for municipalities and real
estate professionals. The housing market expands and contracts, but the need for
a diverse housing stock remains constant. Housing is one of the most basic needs
in our society. A balanced housing strategy supports a wide range of quality
options for people of every age, household composition, race, or income level.
However, all too often, communities lack housing diversity. Beyond the question
of equity, a lack of housing options has significant economic impacts – workers
cannot live near their jobs, congestion increases, and retail dollars are spent
elsewhere. This book will help your community plan for and invest in a diverse
housing stock, whatever the market and wherever the community.
About the Authors
This workbook
was written by Valerie Sandler Kretchmer, president of Valerie S.
Kretchmer Associates, Inc. (VSKA) and Deborah L. Brett, president of Deborah L.
Brett & Associates. VSKA is a real estate and urban planning consulting
firm
based
in
Evanston, Ill., which specializes in real estate
market analysis and community development planning. Valerie Kretchmer and Deborah
Brett each have more than 30 years of experience working with municipalities,
for-profit developers, nonprofit organizations, state agencies, lenders, and
real estate investors on a wide range of housing and development issues. Andrew
Hasdal, junior planner, provided research assistance for this workbook.
Valerie S. Kretchmer Associates, Inc.
2707 Walnut
Avenue
Evanston , Illinois 60201
T 847-864-8895
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Contents
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The project partners are proud to have the following sponsors for
this workbook:
LEAD SPONSOR

Harris
Charles Goetze
Senior
Vice President & Regional Community Dev. Manager
111 WestMonroe, 2E
Chicago,
IL
60603
Phone:
312.461.3097
Fax:
312.765.8348
E-mail:
charles.goetze@harrisbank.com
www.harrisbank.com
With
market knowledge, flexible structures, a long-term commitment to the industry
and a focus on your business, we at Harris help bring your real estate
investments to life.
MAJOR SPONSORS
Applied Real Estate Analysis
(AREA), Inc.
Maxine Mitchell,
President
Robert Miller,
Senior Vice President
914 South Wabash
Avenue
Chicago, IL 60605
Phone:
312.461.9332
Fax:
312.461.0015
E-mail: mainoffice@areainc.net
www.areainc.net
Applied Real Estate
Analysis (AREA), Inc. is a multidisciplinary real estate consulting firm
offering a wide range of professional services and expertise to its
clients.
Fifth
Third Bank
Howard
Ackerman
Senior Vice
President
222 S.
Riverside Plz., 34th Floor
Chicago, IL
60606-5808
Phone:
312.704.4144
Fax: 312.704.4100
E-mail:
howard.ackerman@53.com
www.53.com
Bank
and savings and loan holding company with subsidiaries which perform commercial
banking operations, savings bank operations, mortgage banking, trust services,
investment banking services, investment advisory services, leasing, insurance
services and other related financial activities.
SPONSOR
Brinshore Development
L.L.C.
Richard
Sciortino
President
& Principal
666
Dundee Road, Suite 1102
Northbrook,
IL 60062
Phone:
847.562.9400
Fax:
847.562.9401
E-mail: richs@brinshore.com
www.brinshore.com
Established
in 1994, Brinshore Development, LLC, is an innovative real estate company
specializing in the development of residential communities that foster
conservation, collaboration and affordability. With developments ranging from
large-scale master planned communities to meticulous historic preservation
properties, Brinshore has developed numerous projects with over 5,000
residential units that exceed $1 billion in value.
SUPPORTERS
First Midwest Bank
Kirk
Homes
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Housing 1-2-3 is a project of the Chicago Metropolitan Agency for Planning,
Illinois Housing Council, Metropolitan Mayors Caucus, and Metropolitan Planning
Council.
Housing 1-2-3 Technical Advisory
Committee
Ben Applegate
Applegate & Thorne-Thomsen, P.C.
Michael Blue
City of
Highland Park
Linda Brace
Holsten Development
Beth Demes
Alden Group
Scott Goldstein
Teska
Associates, Inc.
Greg Jones
City of Naperville
Tam Kutzmark
DuPage Mayors and Managers Conference
John Labaj
McHenry County
Allison Laff
City
of Naperville
Susannah Levine
Business & Professional People
for the
Public Interest
Joe Martin
Diversity, Inc.
President Marilyn Michelini
Village of
Montgomery
Marya Morris
Duncan Associates
Mayor Rita Mullins
Village of
Palatine
Clare O’Shea
Village of
Mount Prospect
Dudley Onderdonk
City
of Countryside
Virginia Pace
Lighten-Gale Group
Phil Page
City
of Geneva
Leslie Pollock
Camiros
Steve Porras
Related Midwest
Karen Przypyszny
National
Equity Fund
Alan Quick
Illinois Housing Development Authority
Lynn Ross
American Planning Association
Jacques Sandberg
Illinois
Facilities Fund
Karen Stonehouse
American Planning Association
Robin Snyderman
Metropolitan
Planning Council
Stacie Young
Preservation Compact and DePaul University
Housing 1-2-3 Staff
PROJECT LEAD
Josh Ellis
Metropolitan
Planning Council
EDITORIAL STAFF
Kim Grimshaw Bolton
Metropolitan Planning
Council
Lee Deuben
Chicago Metropolitan Agency for Planning
Beth Dever
Metropolitan Mayors Caucus
Joanna Trotter
Metropolitan
Planning Council
DESIGN
Katherine Bucar
Metropolitan Planning Council
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