WebApr 13, 2024 · Under supervision of the Affordable Requirements Ordinance (ARO) Project Manager, position serves as team lead for market-rate residential developments … Web1 day ago · Mayor's Office City Clerk City Treasurer City Council (Your Ward & Aldermen) Other City Agencies; City Colleges City Council Office of Financial Analysis Housing Authority (CHA) Park District Public Building Commission Public Schools Transit Authority (CTA) Metro Pier & Exposition Authority
Key component of Emanuel affordable housing plan falls short
WebApr 21, 2024 · The updated Affordable Requirements Ordinance (ARO) doubles the number of affordable units from 10 to 20 percent for projects located downtown or in gentrifying neighborhoods. Officials hope the revised rules, which go into effect on October 1, will help address an estimated citywide shortage of nearly 120,000 affordable homes. WebApr 12, 2024 · Housing Comm. Marisa Novara, top right, speaks about changes to the 2015 Affordable Requirements Ordinance during a housing committee meeting Tuesday. [City Council Livestream] The City Council Committee on Housing and Real Estate approved a transfer of former city land between Rush University Medical Center and the Chicago … r.b.s. collision repairs limited
Big changes are coming to Chicago
WebApr 21, 2024 · Chicago's affordable housing rules already require developers who receive a zoning change, city subsidies, or city land to set aside at least 10% of their units at prices affordable to... WebThe Affordable Requirements Ordinance (ARO) is the City's inclusionary housing program that requires residential developments with 10 or more units that receive City Council approval for an entitlement, a city land purchase or financial assistance to provide a … WebMar 24, 2024 · Currently, developers must make 10% to 20% of units they build or renovate affordable or pay hefty fees. The new ordinance would raise the bar to 20%, but only downtown, or in neighborhoods facing displacement of low-income residents or that have low levels of affordable housing. By Fran Spielman Mar 24, 2024, 10:29am PDT Pocket sims 4 face hair