Meet Lori Lightfoot’s new affordable housing task force

The 20-member body includes affordable housing advocates, real estate developers and aldermen.

TRD CHICAGO /
Nov.November 20, 2019 04:30 PM
Lori Lightfoot (Credit: Getty Images and iStock)

Lori Lightfoot (Credit: Getty Images and iStock)

Mayor Lori Lightfoot has appointed 20 “industry stakeholders,” most of whom are involved in low-income housing advocacy or nonprofit agencies, to a task force that will review Chicago’s current laws that require some developers to include a certain number of low-rent units in their projects and identify broader steps that may be needed to boost affordable housing.

Beginning in mid-December, the 20-member Inclusionary Housing Task Force will meet once a month for at least four months, with the goal of introducing a revised Affordable Requirements Ordinance by mid-year, Crain’s reported.

“This group of industry stakeholders will be instrumental in ensuring that this vital tool is updated to better address the city’s affordable housing shortage,” Lightfoot said in a statement. The task force “will serve as we strive as a united city that affordable housing options are located throughout Chicago’s 77 communities.”

On the advocacy side are task force members Bickerdike Redevelopment Corp. CEO Joy Aruguete, Logan Square Neighborhood Association organizer Christian Diaz and Habitat Affordable Group senior vice president Charlton Hamer Sr. The task force also includes some members of the development community, such as JLL managing director Tom Kirschbraun, Magellan Development Group’s Mowa Li, Cushman & Wakefield managing director Susan Tjarksen and DLA Piper partner Paul Shadle.

The task force’s co-chairs are Juan Sebastian Arias of the Metropolitan Planning Council; Tony Smith of PNC Bank; Stacie Young of Preservation Compact; as well as Ald. Walter Burnett (27th); Ald. Byron Sigcho-Lopez (25th); and Ald. Harry Osterman (48th).

A group of aldermen, including Sigcho-Lopez, sponsored a proposed change to the Affordable Requirements Ordinance that would triple the required amount of affordable units from 10 to 30 percent in “high-rent zones” and raise it to 20 percent elsewhere. [Crain’s]Brianna Kelly


Related Articles

arrow_forward_ios
Obama Presidential Center rendering & Woodlawn housing (Credit: iStock)

Officials scale back housing plan near Obama Center

Lori Lightfoot, Alderman Roberto Maldonado (26th) and Alderman Carlos Ramirez-Rosa (35th) with The 606 trail (Credit: Wikipedia and Getty Images)

Not so fast: Lightfoot pushes back on move to halt development by 606

Time Out Market at 916 West Fulton Market and Revival Food Hall at 125 S. Clark Street 

Does Chicago still have an appetite for food halls?

Property tax increases and other factors are encouraging hometown developers to seek projects in markets outside of Chicago (Credit: iStock)

Development drain? More local firms seek projects outside Chicago

Mayor Lori Lightfoot (Credit: Getty Images, iStock)

Here’s what Chicago’s new property taxes will look like

Ald. Matt Martin and the 47th Ward

Andersonville NIMBY group ready to fight developers and its local alderman

Mayor Lori Lightfoot and renderings of Lincoln Yards and the 78 (Credit: Getty Images)

Lincoln Yards and The 78 megaprojects will get more community input

Old Sears building at 4730 West Irving Park Road (Credit: Google Maps)

These Chicago developers would rather pay $4M than build affordable housing

arrow_forward_ios
Loading...