Posts tagged "affordable housing"
Will Lathrop Homes' spot on National Register of Historic Places save it from the bulldozer?
Lathrop Homes was public housing before public housing existed. Built in the late 1930s as a project of the Works Progress Administration during the depression, the low-rise brick buildings along the Chicago River don’t look like the massive concrete towers built decades later. The courtyard layout, complete with archways, decorative windows and stone medallions are... Read more »
40,000 jobs for 25 cents? A new plan for job growth in Chicago
If you thought Occupy Wall Street was just a New York thing, think again. Today, a week-long action will start, highlighting some of Chicago’s major problems: high unemployment, lack of affordable housing, and a poor public school system. Stand Up Chicago will bring together thousands of protesters this afternoon, converging on a meeting of the... Read more »
Daley agrees on compromise to Sweet Home Chicago ordinance
The first time I heard of the Sweet Home Chicago ordinance was on a chilly December day in 2009. A large group of protesters gathered outside of 2nd Ward Alderman Bob Fioretti’s office on a very chilly day, demanding that Tax Increment Financing District dollars be used to fund affordable housing. It was so cold... Read more »
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Sweet Home Chicago: If not now, when?
It’s clear that Chicago needs more affordable housing. Nearly half of Chicago households paying a mortgage and nearly half of Chicago households paying rent are spending 30 percent or more of their household income on housing and associated costs, according to an analysis of foreclosure and census data by The Chicago Reporter.. Twice this year Chicago... Read more »
New ordinance could cut affordable housing funds, advocates say
The Sweet Home Chicago coalition has one clear goal: put more money into creating affordable housing for the city. How? By guaranteeing that 20 percent of Chicago’s Tax Increment Finance dollars end up helping to fix up foreclosed properties or create new affordable housing. But the city’s alderman have been reticent. For months, the battle... Read more »
Unless politicians act quickly, more than 1,000 families may be left homeless
For 1,037 Chicago families, the future all depends on a relatively small, obscure amendment passing through the U.S Senate. Without it, they may just end up without a place to live, uprooted from the communities where they’ve lived for years, because of a short-sighted law passed 40 years ago. They thought that amendment was going... Read more »
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News Roundup: City Council expected to vote Wednesday on affordable housing
Chicago Ald. Walter Burnett is expected to force the City Council to vote on the Sweet Home Chicago Ordinance, which would allocate 20 percent of the city’s annual TIF budget to develop affordable housing. More at chicagoreporter.com Also in the news… The number of active trial and permanent home loan modifications under the Home Affordable... Read more »
The media mulls over Mayor Daley's legacy, and his replacement
The media is tracking the hits and misses of Mayor Daley as he announces his retirement. Big misses include corruption, and privatization. The tearing down of public housing is considered both a hit and a miss. Now politicians and advocates debate what kind of leader should replace Daley- African American? Pro-Business? Less autocratic? The TIF... Read more »
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