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This record contains private information, which has been redacted from public viewing.
Record #: SO2021-1226   
Type: Ordinance Status: Passed
Intro date: 3/24/2021 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 4/21/2021
Title: Amendment of Municipal Code Titles 2 and 17 by modifying Chapters 2-44, 17-3 and 17-4 regarding affordable housing (2015 and 2021 Affordable Requirements Ordinances and Near North/Near West and Milwaukee Corridor pilot areas)
Sponsors: Lightfoot, Lori E.
Topic: MUNICIPAL CODE AMENDMENTS - Title 2 - City Government & Administration - Ch. 44 Dept. of Housing, MUNICIPAL CODE AMENDMENTS - Title 17 - Chicago Zoning Ordinance - Ch. 3 Business & Commercial Districts, MUNICIPAL CODE AMENDMENTS - Title 17 - Chicago Zoning Ordinance - Ch. 4 Downtown Districts
Attachments: 1. SO2021-1226.pdf, 2. O2021-1226.pdf

WHEREAS, the City of Chicago ("City") is a home rule unit of government by virtue of . the provisions of the Constitution of the State of Illinois of 1970, and as such, may exercise any power and perform any function pertaining government and affairs; and

WHEREAS, the City possesses an unfortunate legacy of racial discrimination in housing that has led to decades of disinvestment, lack, of decent, affordable options, wealth-building opportunities and wealth theft in some neighborhoods; and

WHEREAS, decades of exclusion, including by race, class, and disability, make Chicago one of the most segregated cities in the country; and

WHEREAS, the cost of this segregation is high, both for the City's overall economic vitality and for those who find their access, to jobs, grocery stores, transit and other opportunities limited by their zip code; and

WHEREAS, this historic discrimination coupled with the longstanding affordable housing crisis has resulted in a citywide shortage of nearly 120,000 affordable homes; and

WHEREAS, the availability of affordable housing in high opportunity areas is critical to Chicago's socio-economic future; and

WHEREAS, the COVID-19 pandemic has not only been a once-in-a-lifetimc public health threat, but has wrought devastating social and economic damage on Chicagoans, and it is clear that the affordable housing crisis has become even more acute in a post-COVlD-l 9 world; and

WHEREAS, the City Council finds that the ongoing cycle of gentrification and displacement continues to exacerbate historic patterns of racial and economic segregation, deepen the concentration of poverty and wealth, and widen disparities in access to good schools, jobs, healthcare and other amenities; and

WHEREAS, the City Council finds that it is in the public interest to adopt a new Affordable Requirements Ordinance ("ARO") to address entrenched patterns of segregation citywide more directly; and

WHEREAS, the Department of Housing cre...

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