Is aldermanic power killing affordable housing projects in Chicago? HUD is investigating and seeking answers from the City Council. – Chicago Tribune*

HUD officials sent a letter to aldermen Dec. 1 asking them a series of questions about aldermanic prerogative, including how they define the term. Other questions include, “How do you use aldermanic prerogative? In what circumstances is it a useful tool?"
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Streeterville
4 years ago

Chicago Dept of Planning’s mandates are killing-off Chicago’s affordable housing projects. Direct your attention to Cox’s policies.

The Paraclete
4 years ago

The most probing questions asked concerned an economical place to eat.

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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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