Ordinance SO2024-0012214
Passed
Eligibility of 3955 N Kilpatrick Ave/3865 N Milwaukee Ave development by GW Six Corners LLC in Portage Park Community area as Low Affordability Community for reduction in assessed valuation
Auto-generated summary
Chicago's Affordable Housing Special Assessment Program, under Section 15-178, allows Low Affordability Community designation for reduced property assessments. GW Six Corners LLC's 3955 Kilpatrick Residential Project in the Portage Park Community Area, with 69 affordable units, contributes to the city's efforts to address its housing shortage. The ordinance supporting this initiative is effective upon passage and publication.
Alternate identifiers: O2024-0012214
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Gardiner, James M.Primary Sponsor | Ward 45 |