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The Additional Dwelling Unit (ADU) program has led to the construction of nearly 500 relatively affordable new homes since May 2021, mostly on the city’s North and Northwest sides — two of five “pilot zones” where the program has been rolled out. Mayor Brandon Johnson vowed during his campaign to expand the ADU program, calling it a key tool to deepen the city’s inventory of unsubsidized affordable housing, dampen racial segregation and help boost the city’s flagging population.
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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