Ordinance O2023-0005797
Passed
Authorization of Multi-family program funds or secured Sales Tax Securitization Corporation Bonds to Lake View Landing LP for construction of permanent supportive housing on property donated by Lake View Lutheran Church at 835 W Addison St
Auto-generated summary
Chicago's Mayor, Brandon Johnson, seeks City Council approval for an ordinance to fund the Lakeview Landing affordable housing project at 835 West Addison Street, using Multi-Family Program Funds and STSC Bonds. The ordinance, proposed by the Housing Commissioner, addresses the city's affordable rental housing shortage. The funds are managed by the Department of Housing and the Sales Tax Securitization Corporation.
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Johnson, BrandonPrimary Sponsor |