Lightfoot to propose $94M property tax hike
Mayor Lori Lightfoot is expected to propose a $94 million property tax increase on Wednesday, as part of measures to balance Chicago’s budget — which has a $1.2 billion shortfall due to the pandemic....
Mayor Lori Lightfoot
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Will Lightfoot ground O’Hare’s $8.5B expansion project?
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Lightfoot’s eviction bill would force landlords to negotiate with tenants
Landlords aren’t going to like this one. The City Council’s Housing Committee approved an ordinance that gives tenants more...
Neighborhood Opportunity Fund, Lightfoot style
Rahm Emanuel’s Neighborhood Opportunity Fund came into action four years ago with the Robin-Hood style goal of spreading out...
The profit is too damn low: Chicago developers decry affordable housing requirements
As it is, many developers in Chicago believe the city’s affordable housing requirements have squeezed much of the profits...
Here’s what Chicago’s new property taxes will look like
Mayor Lori Lightfoot’s New Year’s resolution for 2020 will be to plug the $838 million budget deficit she inherited,...
Lincoln Yards and The 78 megaprojects will get more community input
Beginning in 2020, Chicagoans may have more input into the two planned megadevelopments from Sterling Bay and Related Midwest....
Nothing is “off the table” in Chicago, as Lightfoot warns of higher property taxes
For commercial and residential property owners in Chicago, reality has hit hard. Additional property tax hikes could be on...
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