Ordinance SO2024-0008370
Passed
Non-Routine
Ward Matters
Economic Development
Tax Increment Financing
Redevelopment agreement with and issuance of tax increment financing (TIF) funds to Ogden Washtenaw A2 Residential LP for construction of low-income housing at 1312 S Talman Ave
Auto-generated summary
The Midwest Redevelopment Project in Chicago, under the Illinois Tax Increment Allocation Redevelopment Act, involves two amendments to the 'Original Plan'. Ogden Washtenaw A2 Residential LP, Ogden Commons JV LLC, and Generations Housing Initiatives aim to develop a 75-unit residential building at 1312 South Talman Avenue. The project, recommended by the Community Development Commission, involves a Redevelopment Agreement authorized by the Commissioner of Planning and Development, overriding conflicting provisions of the Municipal Code of Chicago.
Alternate identifiers: O2024-0008370
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Johnson, BrandonPrimary Sponsor |
History
Locations mentioned
Legislation text
Additional Documents
- O2024-0008370 Original Exhibit A.pdf
- O2024-0008370 Original Ordinance.pdf
- SO2024-0008370 Committee Letter.pdf
- SO2024-0008370 EDS.pdf
- SO2024-0008370 Exhibit A - Redevelopment Agreement.pdf
- SO2024-0008370 Transmittal Letter.pdf