Mayor Brandon Johnson's $1.25 billion borrowing plan for affordable housing approved
Overall, the mayor's borrowing plan would cost the city $2.4 billion through 2061.
Overall, the mayor's borrowing plan would cost the city $2.4 billion through 2061.
The City Council Finance Committee has endorsed the plan after the mayor agreed to give aldermen more oversight of the plan, but a final vote has been put off until Friday at the earliest.
Aurora's Todd Elementary School closed in 2019, but it reopened on Wednesday as the new Fox Valley Apartments to house working families.
A couple of shuttered school buildings in Aurora have found new purpose. They'll serve as affordable housing for working people and families. CBS 2 visited the city as doors to one of those schools reopened for the first time in five years.
"They provide families and individuals with a place to lay down, to lay down their roots, to create memories, and to start new traditions."
Mayor Brandon Johnson joined other leaders to cut the ribbon at the new Maria Elena Sifuentes Housing Development in the Albany Park neighborhood. He applauded the work done by organizers and community members.
Over the last several weeks, the Saint Charles senior living community has become a bit of a ghost town.
"It has to start somewhere. It starts right here on this lot, and it starts right now."
"It has to start somewhere. It starts right here on this lot, and it starts right now."
Tenants are renting out individual rooms in more than 100 different units. That means strangers are paired together in apartments.
An affordable housing group worked with the city and HUD to save and improve the housing, which cost $32 million.
It will be built on vacant city land next to the Kedzie Avenue Green Line station in East Garfield Park.
It will be built on vacant city land next to the Kedzie Avenue Green Line station in East Garfield Park.
A UIC study shows half of Native Americans in Chicago are paying more than 30% of their income to rent their homes.
Visionary Ventures NFP is redeveloping the former Lincoln Elementary School and former Todd Elementary School.
Protesters are calling on city leaders to stop construction and add more affordable housing to the neighborhood.
CBS 2's Jackie Kostek reports the pandemic appears to have only increased the demand for affordable housing.
Mayor Lori Lightfoot, along with city leaders, announced the launch of the " Reclaiming Communities Campaign."
Aldermen voted 42-8 to approve the mayor's proposal, which would set new requirements for developers who get city subsidies, purchase city land, or require a zoning change for their projects.
A bill geared toward creating more affordable housing passed out of committee in the Illinois state Senate Wednesday.
Seeking to boost the number of affordable housing units available for lower-income Chicagoans, Mayor Lori Lightfoot on Wednesday proposed new requirements for developers who get city subsidies, purchase city land, or require a zoning change for their projects.
"This is an extremely reasonable policy to protect naturally-occurring affordable housing in our Chicago neighborhoods that are seeing record-high displacement in this moment," said Ald. Carlos Ramirez-Rosa (35th).
Revenue from the additional fees would go to the city's Affordable Housing Opportunity Fund, which collects various fees from developers to help subsidize affordable housing initiatives in lower-income neighborhoods.
On Tuesday, Mayor Lori Lightfoot will honor the organization behind beautiful new housing in Englewood.
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The Wildcats went 19-3 in Big Ten contests and won all eight conference series for a second-straight year.
The move marked a reversal from a day earlier, when Greene appeared to retreat from her threat to trigger a vote to remove Johnson as speaker.
Johnson spoke with state lawmakers to make the case that Chicago is owed $1 billion from the state for schools and other programs.
Rev. Ira Acree also was questioned about his lack of expertise in public transit as the City Council Transportation Committee weighed his appointment to the RTA Board.
The move marked a reversal from a day earlier, when Greene appeared to retreat from her threat to trigger a vote to remove Johnson as speaker.
Johnson spoke with state lawmakers to make the case that Chicago is owed $1 billion from the state for schools and other programs.
Rev. Ira Acree also was questioned about his lack of expertise in public transit as the City Council Transportation Committee weighed his appointment to the RTA Board.
Biden campaigned in the spot where Trump, to much fanfare, lauded a plan by Taiwan-based electronics giant Foxconn plan to build a $10 billion manufacturing facility that was supposed to eventually employ 10,000 people. Except it was never completed.
Stormy Daniels was called to the witness stand to testify at former President Donald Trump's trial in New York on Tuesday.
Alderpeople are looking to try to stop rogue towers from making thousands off drivers who thought they were signing their car away to someone they could trust.
Employees at dozens of now-closed Foxtrot Market and Dom's Kitchen stores, now jobless, wonder what comes next for them as their paychecks will soon end.
The family didn't get their cut of the estate sale, not hearing back from the salesman until CBS 2 got involved.
The Better Business Bureau warns that anyone buying an event ticket should watch out for fake ticket scams.
Financial records show Paul Croft and J.D. Frost raised about $30 million for a hydrogen plant that was supposed to be, at one point, in Indiana. It never existed, an attorney says.
Researchers hope their findings will inspire action to make hearing aid devices more affordable since they can cost over $1,000 per ear.
First known HIV cases from a nonsterile injection for cosmetic reasons highlights the risk of unlicensed providers.
The city's measles dashboard said a total of 63 measles cases have been confirmed in Chicago this year, with one new case this week.
The department said anyone who visited the Sam's Club at 9400 S. Western Ave. in Evergreen Park one day last week may have been exposed to someone with measles.
Health officials are warning consumers not to consume Infinite Herbs basil sold at some Trader Joe's and Dierberg's stores after 12 people were sickened.
Biden campaigned in the spot where Trump, to much fanfare, lauded a plan by Taiwan-based electronics giant Foxconn plan to build a $10 billion manufacturing facility that was supposed to eventually employ 10,000 people. Except it was never completed.
The Illinois Worker Adjustment and Retraining Notification (WARN) Act requires employers to notify workers of mass layoffs 60 days in advance.
Mayor Brandon Johnson denied that the Bears' shiny new dome could end up costing taxpayers a pretty penny.
Employees at dozens of now-closed Foxtrot Market and Dom's Kitchen stores, now jobless, wonder what comes next for them as their paychecks will soon end.
The company announced Tuesday that it received a stalking horse bid to purchase its operating assets.
Brian Fox, a fellow producer and engineer at Albini's Electrical Audio studio in Chicago, confirmed Albini passed away Tuesday night from a heart attack.
For the past three months, a cast of 10 Asian American/Pacific Islander comedians has been working on the new program, "Youth in Asia (Are You Proud of Me Yet?)"
The stars came out for the the 2024 Met Gala in New York City. See some of the most eye-catching outfits of the night.
'Bob Hearts Abishola', the acclaimed comedy, is signing off after its fifth season on CBS.
Bernard Hill died Sunday at 79. The actor was known for his roles in "Lord of the Rings" and "Titanic."
Armed robbers targeted at least two liquor stores in Chicago Tuesday night – and business owners believe the same crew might be involved in several other incidents. CBS 2's Tara Molina reports.
A 70-year-old man has been charged with shooting his neighbor in unincorporated Lockport Township on Tuesday night, and the victim's aunt said the attack was motivated by race.
CBS 2 Meteorologist David Yeomans has a look at the extended forecast.
Hip hop fans, mark your calendars. Five-time Grammy Award winning rapper Lil Wayne is coming to the Illinois State Fair.
Two women were killed, and another was critically hurt after their car collided with a dump truck in unincorporated Wauconda Wednesday morning.
Johnson spoke with state lawmakers to make the case that Chicago is owed $1 billion from the state for schools and other programs.
Because cicadas are temperature-dependent, their emergences may vary depending on the location.
Brian Fox, a fellow producer and engineer at Albini's Electrical Audio studio in Chicago, confirmed Albini passed away Tuesday night from a heart attack.
The Wildcats went 19-3 in Big Ten contests and won all eight conference series for a second-straight year.
The move marked a reversal from a day earlier, when Greene appeared to retreat from her threat to trigger a vote to remove Johnson as speaker.
Expert panel discussion centers the focus on the disparity that 1 in 3 victims of crime in Chicago is a Black woman
Police arrived at the scene sooner than if they had waited for the first 911 call.
Anthony Robinson's attorney said his previous defense lawyer failed to present evidence that showed it was physically impossible for him to be the shooter.
The village board is working on a resolution to hire Lightfoot, a former federal prosecutor before her lone term as Chicago's mayor, to investigate claims Henyard has been misusing public funds.
DCFS Director Heidi Mueller was asked Thursday why some kids in the system are being held in psychiatric hospitals longer than medically necessary.
The Wildcats went 19-3 in Big Ten contests and won all eight conference series for a second-straight year.
Marina Mabrey was gunning from deep and had a game-high 20 points.
The Cubs' Héctor Neris (2-0) pitched out of a jam in the ninth, when he retired Jackson Merrill on a pop fly with runners on first and second.
Zach Eflin allowed one run and six hits in seven innings as the Tampa Bay Rays beat the Chicago White Sox 5-1 for their fifth consecutive win.
Going in, the Blackhawks had a 13.5% chance at scoring the first overall pick, even better than last year when they got the top pick to draft Connor Bedard.
Police said a woman caught a 13-year-old girl and a 14-year-old boy trying to steal her, when the woman shot the girl in the shoulder.
Business owners believe the same crew might be involved in several other incidents.
Chicago Police detectives are asking anyone with additional photos or video to give them a call.
A new scathing lawsuit accused state employees of sexually abusing 95 people while they were children detained in Illinois detention facilities.
The girl was hit on the right side of her body. She was taken to Comer Children's Hospital, and her condition was stabilized, police said.