Ordinance O2024-0007430
Passed
Sale of City-owned lots at 3517, 3431, 3433, 3303 W Flournoy St, and 3553 W Lexington St to and execution of redevelopment agreement with Homan Housing LLC for East Garfield Park affordable homes project under City Lots for Working Families program
Auto-generated summary
The City of Chicago's Department of Planning and Development (DPD) has launched ChiBlockBuilder, an online platform for selling city-owned property, with market value assessments provided by CBRE. The Department of Housing (DOH) oversees the platform and the City Lots for Working Families Program, which sells city lots for affordable housing. IFF's proposal to purchase nine city lots under this program, with Homan Housing LLC as the development entity, has been approved by the City Council of the City of Chicago, the Chicago Plan Commission, and the Community Development Commission. The proposal, known as the East Garfield Park Project, is governed by a Redevelopment Agreement and is part of the Midwest Tax Increment Financing Redevelopment Project Area.
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Johnson, BrandonPrimary Sponsor |
History
Legislation text
Additional Documents
- O2024-0007430 DTS.pdf
- O2024-0007430 ECONOMIC DISCLOSURES.pdf
- O2024-0007430 Form of Contract [Exhibit A Legal Description].pdf
- O2024-0007430 Form of Contract [Exhibit B Schedule to come].pdf
- O2024-0007430 Form of Contract [Exhibit C Closing Notice].pdf
- O2024-0007430 Form of Contract [Exhibit D Certif Subs Completion].pdf
- O2024-0007430 Form of Contract [Exhibit E Junior Mortgage, exh.1 legal,exh 2 covenants ].pdf
- O2024-0007430 Ordinance Exhibit A.pdf
- O2024-0007430 Ordinance Exhibit B Applicants.pdf
- O2024-0007430 Ordinance Exhibit C Form of Contract Sale Develop.pdf
- O2024-0007430 Ordinance Exhibit D [Fee Waivers].pdf
- O2024-0007430 eds Filing Certificate.pdf
- O2924-0007430 MAYOR.pdf