The Residential Investment Fund is interested in speaking with developers, architects, impact investors, and other potential partners about opportunities to build high-quality, mixed-income housing in Chicago. Specific solicitations and initiatives will appear on this page.

The Chicago Residential Investment Fund (RIF) invites private-sector development partners to share opportunities for mixed-income multifamily projects—both new construction and acquisitions—that advance Chicago's housing goals.

RIF intends to partner with private-sector developers to co-develop multi-family properties in the city of Chicago. RIF will co-invest, sharing risk and profit. RIF capital will enable increased affordability and environmental sustainability while generating long-term growth in value. The first deal is expected to close in Q2 2026.

Please review the following details and respond in this form. Responses should take less than 10 minutes. Additional details are provided here.

Please note that this Request for Information (RFI) is for informational purposes only, and no contract will be awarded as a result. A firm or organization's response to the RFI, or lack thereof, will have no impact on the evaluation of responses to any subsequent Request for Qualifications (RFQ) or Request for Proposals (RFP) released. Responses will be used solely for information and planning purposes and will not be treated as public records to the extent permitted by law. Sensitive proprietary information, such as proposed projects and/or deal terms, firm-specific information, etc, is exempt from any public records requests.

Request for Information (rolling)

Firm information

Firm name

Primary contact name

Primary contact email

Primary contact phone

Firm website

Please provide a brief description of your firm. Provide an overview of its experience developing multifamily residential properties in the City of Chicago, including any recent notable projects and target markets served.

Partnership information

What concerns regarding a partnership with the RIF does your team have?

What recent challenges have you seen in the multifamily development ecosystem in Chicago that might affect a partnership with RIF?

What additional information would you need to evaluate a partnership opportunity with RIF?

Project information

If you have one or more potential developments or acquisition opportunities that you believe could present an investment opportunity for RIF, please provide details below.

For each development, please include:

Whether it is new construction or acquisition
Whether it is in predevelopment; has been proposed; is entitled; and any other relevant details as to its status
The address
Unit count and unit mix
Projected total development cost in the case of new construction, or acquisition and rehab cost in the case of an acquisition

If available, you may attach additional materials related to the potential developments or acquisition opportunities, such as pro formas or architectural drawings.

Development 1

Development 1 - Files

Development 2

Development 2 - Files

Development 3

Development 3 - Files