Committee on Housing and Real Estate

virtual meeting - recessed to reconvene july 20, 2021 at 4:00 pm

Committee on Housing and Real Estate
Wed 7/14/2021
10:00 a.m.
Chicago, Illinois


  1. Attendance
  2. Rule 45 Report for June 2021
  3. Loan restructuring agreement to refinance Home Funds program loan with Kedzie Partners LP, Kedzie Senior Partners GP LLC, and Kedzie Investors LLC for senior housing at 4045 N Kedzie Ave
  4. Loan restructuring agreement to refinance Home Funds program loan with Eastgate Village Partners LP, Eastgate Village Senior Corporation, Eastgate Village Investors LLC and G&A Construction & Development, Inc., for senior housing at 300 E 26th St
  5. Sale of City-owned properties at 600 N Central Park Ave, 636 N Trumbull Ave, 643 N Trumbull Ave, 639 N Trumbull Ave, 637 N Trumbull Ave, 3401 W Fulton Blvd, 428 N Troy St, 625 N Christiana Ave, and 640 N Trumbull Ave to and redevelopment agreement with Nath Construction LLC under City Lots for Working Families Program
  6. Acquisition of various parcels within Avalon/South Shore Redevelopment Project Area at intersection of East 79th Street and South Exchange Ave
  7. Acquisition of vacant property at 3625 W Chicago Avenue within Chicago/Central Park Redevelopment Project Area
  8. Acquisition of former Pioneer Bank site at 4000-4006 W North Ave, 4008 W North Ave, and various vacant parcels in 1600 block of N Pulaski Rd and provision of Tax Increment Financing (TIF) assistance for mixed-use development
  9. Negotiated sale of City-owned property at 1201-1205 W 63rd St to Inner-City Muslim Action Network with associated escrow remediation agreement
  10. Sale of vacant City-owned property at 5136-5152 S Carpenter St and 5156-5158 S Carpenter St to NeighborSpace for expansion of Stockyards Community Garden
  11. Negotiated sale of portion of City-owned property known as former Michael Reese Hospital campus to GRIT Chicago LLC for Bronzeville Lakefront mixed-use project
  12. Intergovernmental agreement with Chicago Park District regarding City's reacquisition of portion of Durkin Park, 8445 S Kolin Ave, for Joliet water supply project improvements
  13. Lease agreement with All Things Through Christ Outreach Ministries of City-owned property at 6537 S Wood St for use as community garden
  14. Long-term ground lease agreement with associated easement for Boys & Girls Clubs of Chicago for portion of Joint Public Safety Training Academy campus at W Chicago Ave and N Kostner Ave
  15. Amendment of Municipal Code Title 5 by repealing existing Chapter 5-14 and creating new chapter to be known as "Keep Chicago Renting Ordinance"
  16. Amendment of ordinance on moratorium on tenant eviction notices for failure to pay rent due to COVID-19 impact
  17. Multi-family program loan to Casa Durango LP and Casa Durango GP LLC for acquisition of land of land for construction of affordable housing at 1850-1858 S Racine Ave and 2008-2012 S Ashland Ave
  18. Loan restructuring agreement to refinance Home Funds program loan with Roosevelt Tower - 1 LLC and East Lake/Roosevelt I LLC for senior housing at 3440 W Roosevelt Rd
  19. Restructuring of Home Funds loan to West Ridge Senior Partners LP and West Ridge Seniors Corporation for affordable senior rental housing at 6142 N California Ave


Amended Agenda
Corrected Summary

Attendance: 18 Present, 1 Absent

Name Ward Present Absent
Austin, Carrie M.
Austin, Carrie M. Ward 34
Burnett, Jr., Walter
Burnett, Jr., Walter Ward 27
Cappleman, James
Cappleman, James Ward 46
Dowell, Pat
Dowell, Pat Ward 3
Hadden, Maria E.
Hadden, Maria E. Ward 49
Harris, Michelle A.
Harris, Michelle A. Ward 8
King, Sophia D.
King, Sophia D. Ward 4
La Spata, Daniel
La Spata, Daniel Ward 1
Lopez, Raymond A.
Lopez, Raymond A. Ward 15
Maldonado, Roberto
Maldonado, Roberto Ward 26
Martin, Matthew J.
Martin, Matthew J. Ward 47
Mitchell, Gregory I.
Mitchell, Gregory I. Ward 7
Moore, David H.
Moore, David H. Ward 17
Napolitano, Anthony V.
Napolitano, Anthony V. Ward 41
Osterman, Harry
Osterman, Harry Ward 48
Quinn, Marty
Quinn, Marty Ward 13
Rodriguez, Michael D.
Rodriguez, Michael D. Ward 22
Sigcho-Lopez, Byron
Sigcho-Lopez, Byron Ward 25
Waguespack, Scott
Waguespack, Scott Ward 32