Finance Approves Housing Development

Committee on Finance Approves Housing Development Financing and Settlement Orders

The Committee on Finance met on September 16, 2024, and approved multiple ordinances for affordable and mixed-income housing projects totaling over $47 million in financial assistance and tax increment financing. The committee also authorized five settlement orders in litigation cases against the City of Chicago totaling approximately $14.95 million, approved charitable solicitation permits, and processed small claims and verdicts from July and August 2024.