Ordinance O2024-0013135
Stale
Amendment of Municipal Code Chapter 5-11 by adding new Section 5-11-180 establishing expiration date of Tenant Opportunity to Purchase Block (606) District Pilot Program of December 31, 2027
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Chapter 5-11, 'Tenant Opportunity to Purchase Block (606) District Pilot Program,' enacted by the Chicago City Council on September 18, 2024, lacked an end-date. The Department of Housing had insufficient time to implement changes. Now effective until December 31, 2027, the ordinance impacts real estate purchases and requires a report to the Housing Committee by April 1, 2025, when it will be in full force.
