Committee on Housing and Real Estate
TL;DR
The Chicago Housing and Real Estate Committee approved several ordinances related to housing and property management, including a loan restructuring for the Englewood Gardens residential development and changes to municipal code regarding property tax certificates. The committee also recommended selling a city-owned property to a local church.
Key Decisions
- Loan Restructuring for Englewood Gardens Recommended to Pass
- Amendment of Municipal Code for Housing and Planning Departments Recommended to Pass
- Sale of City-Owned Property at 508-510 S Cicero Ave Recommended to Pass
Agenda
- Attendance
- Approval of February Rule 45 Monthly Report
- 1 Loan restructuring and subordination and associated property transfer to RAHF V/5T Englewood LLC for acquisition and rehabilitation of Englewood Gardens residential developmentOrdinanceAction: Recommended to Pass
The Ordinance was Recommended to Pass.
- 2 Amendment of Municipal Code Sections 2-44-050 and 2-45-040 regarding powers and duties of Commissioner of Department of Housing and Commissioner of Department of Planning and Development as related to delinquent property tax certificates and land banking agreementsOrdinanceAction: Recommended to Pass
The Ordinance was Recommended to Pass.
- O2022-673 Sale of City-owned property at 508-510 S Cicero Ave to Workers for Christ Ministries Apostolic ChurchOrdinanceAction: Recommended to Pass
The Ordinance was Recommended to Pass.
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