Ordinance O2020-4596 Active

Non-Routine Ward Matters Economic Development Tax Increment Financing

Restructuring agreement incorporating assumption of debt, multi-family new loan and bond issuance, regulatory affordability restrictions, and tax increment financing assistance (TIF) with entities HPR Preservation LP, HPR GP LLC, Center for Changing Lives, and LUCHA (Latin United Community Housing Assn.) for properties at 1152-58 N Christiana Ave, 3339-3341 W Division St and 1146 N Christiana Ave


Sponsor Ward
Lightfoot, Lori E.
Lightfoot, Lori E. Primary Sponsor None


Date Action Legislative body
10/06/20 Passed as Substitute Chicago City Council
10/04/20 Recommended to Pass Committee on Finance
9/08/20 Referred Chicago City Council

Locations mentioned

Legislation text

Download PDF