Johnson’s real estate transfer tax plan is dealt a major blow – Crain’s*

One of Mayor Brandon Johnson's signature priorities — a major tweak to the real estate transfer tax designed to boost funding for anti-homelessness initiatives — has been dealt a significant setback, failing to garner the coveted endorsement of the Chicago Federation of Labor. In a vote last week, a motion to endorse the referendum measure came up just decimal points shy of the two-thirds weighted vote necessary to receive the official backing of the federation, an umbrella organization that represents more than 300 unions in Chicago and Cook County.