Callan, on behalf of its client, Chicago Teachers’ Pension Fund (CTPF), is interested in your firm’s perspectives,
research, capabilities, and track record in a real estate strategy that targets any one or combination of the following:

  • a) affordable housing to rent
  • b) affordable housing to own
  • c) affordable housing rent-to-own
  • d) neighborhood and community retail/mixed use within the city of Chicago

The strategy will also possess the following two attributes: (i) preferably located in the South and/or West sides of Chicago and (ii) centered around Chicago public schools. This could include developing new assets and/or acquiring existing assets.

 

CTPF is potentially considering this strategy as a non-core opportunity within the Chicago Community Development Strategy (CCDS) that would generate a reasonable total return. CTPF also desires to work with existing city of Chicago affordable housing inventory, programs and authorities in conjunction with SEC registered banks, insurance companies, investment managers, or investment advisers who possess first-hand knowledge of the local neighborhoods.

RFI Deadline and Instructions:

 

Link to the RFI here: Chicago Community Dev Strategy RFI

 

Please email your response to [email protected] by close of business on March 3, 2026.

 

File Naming: All files should be named as follows: FIRM NAME_ChicagoAH_Date

 

File Size Limits: Our email server has a file size limit of 20 mb. If your response is over this, please zip or send in multiple emails indicating in
the subject line email 1 of X, 2 of X, etc.