The Preservation Compact is a Cook County initiative that aims to preserve up to 78,000 affordable rental housing units by 2020 that are at risk due to condo conversion, deferred maintenance and rising costs. CCLF is participating in the Preservation Compact initiative as a Gateway Fund lender with the help of a $500,000 equity investment from the John D. and Catherine T. MacArthur Foundation and a $2 million PRI from Bank of America.