Ordinance O2023-0006387
Passed
Issuance of multi-family loan to Duo Development Corporation for acquisition of three buildings through Preservation of Existing Affordable Rentals Program
Auto-generated summary
The Office of City Clerk's City Council Document, Matter ID: 02023-0006387, outlines Mayor Johnson's ordinance in the City of Chicago for a multi-family loan, not exceeding $1,000,000, to Duo Development Corporation. Requested by the Commissioner of Housing, the loan is part of the Preservation of Existing Affordable Rentals Program for acquiring three buildings and funded from Multifamily Program Funds. The ordinance is under review by the Committee on Housing and Real Estate.
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Johnson, BrandonPrimary Sponsor |
History
Legislation text
Additional Documents
- Committee Letter.pdf
- O2023-0006387 EDS.pdf
- O2023-0006387 Exhibit A - Program Parameters.pdf
- O2023-0006387 Exhibit B - Description.pdf