UPDATE: CHICAGO CITY COUNCIL DELAYS VOTE ON SWEET HOME CHICAGO ORDINANCE

Supporters had hoped that the Chicago City Council would vote yesterday to adopt the Sweet Home Chicago Ordinance, which would require the City to set aside an amount equal to 20% of the tax increment generated in TIF districts throughout the City for the construction and rehabilitation of affordable housing.  Although the Ordinance was on the agenda for yesterday’s meeting, the City Council elected to delay the vote until December.

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