West Garfield Park Celebrates Groundbreaking On New Affordable Housing Project, C.A.R.E. Manor
CBS 2's Jackie Kostek reports the pandemic appears to have only increased the demand for affordable housing.
Watch CBS News
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.
The measure is designed to protect Woodlawn residents from being forced out of their homes when the Obama Presidential Center is built in Jackson Park.
The 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.
Here are just some of the ways the mayor's 2020 budget proposal would impact Chicago residents.
Taking 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.
In 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."
The yet-to-be constructed Obama Presidential Center is already having an effect on property values and the rent being charged nearby residents.
The hotly-disputed Lincoln Yards project is moving forward, after receiving a key vote from the City Council Zoning Committee on Thursday.
The 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.
Two 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.
There is a gap in the supply of affordable housing in every neighborhood in Chicago, even those with some of the lowest rents in the city.
Ten years after the housing crisis, the city of Chicago is pumping millions into a new affordable housing program.
Discussed were components of what could be a New Quality of Life plan for Pilsen, placing emphasis on education, health, jobs, young people and their activities, and affordable housing.
At a sometimes raucous hearing, the Zoning Committee advanced controversial plans for a mixed-income apartment building in Jefferson Park.
Several North Side and Northwest Side aldermen say they plan to bring more affordable housing to their wards, to end what they say is continued segregation in the city.
The Obama administration expressed concerns Wednesday about the millions of dollars in funds the Chicago Housing Authority has been hoarding in a great time of need, but said it appears problems are on their way to being solved.
Gov. Pat Quinn on Saturday announced nearly $4.3 million in federal funding to increase affordable housing and stabilize communities in three west suburban Cook County communities.