Aldermen Approve Mayor Lori Lightfoot's Plan To Update Affordable Housing Requirements For Developers As City Council Resumes In-Person MeetingsAldermen 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.
Bill Geared Toward Creating More Affordable Housing Passes Out Of Illinois Senate CommitteeA bill geared toward creating more affordable housing passed out of committee in the Illinois state Senate Wednesday.
Mayor Lori Lightfoot Announces Proposal To Update City's Affordable Housing Ordinance With New Requirements For DevelopersSeeking 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.
City Council Approves Extra Demolition Fees For Homes In Pilsen And Along Bloomingdale Trail“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).
Developers Could Soon Have To Pay Thousands More To Tear Down Residential Buildings In Pilsen, Near Bloomingdale TrailRevenue 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.
VOA Turns Vacant Lot Into Beautiful New Housing In Englewood, And One Veteran Is Thrilled To Move InOn Tuesday, Mayor Lori Lightfoot will honor the organization behind beautiful new housing in Englewood.
Aldermen Approve Ordinance To Protect Affordable Housing Near Obama Presidential Center In WoodlawnThe measure is designed to protect Woodlawn residents from being forced out of their homes when the Obama Presidential Center is built in Jackson Park.
Mayor Lori Lightfoot Introduces Plan To Give Tenants More Notice When Leases Won't Be RenewedThe measure would require landlords to provide 90 days notice to tenants who have lived in their units for more than 6 months before terminating or deciding not to renew their lease.
Minimum Wage Hike, Changes To Water Bills, Higher Parking Meter Fees; What Else Is In The 2020 City Budget?Here are just some of the ways the mayor's 2020 budget proposal would impact Chicago residents.
Lightfoot Announces Task Force To Tackle City's Shortage Of Affordable HousingTaking aim at a 120,000-unit shortage of affordable housing in the city, Mayor Lori Lightfoot has announced a new task force that will help develop potential solutions to a challenge that she touted as a priority on the campaign trail.
Lightfoot Accuses CTU Of Stalling On Contract Talks Over Affordable Housing; Union Says CPS Has Nearly 17,000 Homeless StudentsIn a statement Tuesday night, Lightfoot said that the union's contract with CPS is "not the appropriate place for the city to legislate its affordable housing policy."
Obama Center Already Making Housing Too Expensive For Many In Woodlawn And South Shore, Study FindsThe yet-to-be constructed Obama Presidential Center is already having an effect on property values and the rent being charged nearby residents.
Lincoln Yards Project Advances As Zoning Committee Backs Massive RedevelopmentThe hotly-disputed Lincoln Yards project is moving forward, after receiving a key vote from the City Council Zoning Committee on Thursday.
Zoning Committee To Vote Thursday On Lincoln Yards DevelopmentThe developer of the Lincoln Yards project along the river on the North Side is making changes to the plans again, days before a big vote.
Lincoln Yards Developer Doubles Affordable Housing Commitment Ahead Of Zoning Committee VoteTwo days before the City Council Zoning Committee votes on the massive Lincoln Yards project on the North Side, developer Sterling Bay has agreed to double the number of affordable housing units it will build on-site.