Chicago’s hidden housing solution: How additional dwelling unit expansion can make city more affordable – Illinois Policy

This low rate of desired residences becoming actual homes points to substantial barriers in the development process. Inequitable restrictions on the West, South, and Southeast zones – such as owner-occupancy requirements, vacant lot development limitations and permit ceilings – limit potential development where it’s most needed.
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Brian Jones
1 year ago

That’s all fine and good, but what is being done about existing empty lots or abandoned properties?

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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