“A lot of this is coming to a head,” Skillicorn said. “You are going to see Springfield politicians talk about pension reform. But it’s going to be something to kick the can down the road. They are going to find a way to extend the obligation out a little longer. I think that is a joke.”

To qualify for the low-interest loans, developers must sign a 15-year commitment to make 20 percent of the units they create affordable. That means to qualify to live in those units, a family of four could have an annual income no higher than $39,500, or 50 percent of the median income in that area.

Like the overall population of Chicago and Cook County, the number of milllennials in Cook County is falling, data shows. The county lost 20,093 residents in 2017, including an estimated 3,182 aged 25 to 29, census data show.

Chicago Treasurer Kurt Summers is working to implement environmental, social and governance investing, in a city on the brink of bankruptcy. The Summers proposal weighs societal impact over the value of the pension funds, which conflicts with the fiduciary duty to generate the highest possible returns for pensioners. This de facto divestment from higher-performing stock to less profitable holdings is unwise and risky for any public fund, but especially one as weak and unfunded as Chicago.