Summary
Committee on Housing and Real Estate Meeting Summary - December 3, 2025
ChicagoDec 3, 20253 min read
At a glance
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The Committee on Housing and Real Estate met on December 3, 2025, to review and approve several property transactions, amendments, and organizational changes, including the dissolution of the Chicago Community Land Trust and the approval of multiple property sales and lease renewals.
Topics discussed
Dissolution of Chicago Community Land TrustTransfer of property to Chicago Park DistrictRight-of-entry use agreementSale of City-owned propertiesPostponement of homelessness plan hearingLease renewals and amendmentsProperty acquisition for migrant shelterReal estate exchange agreementHousing
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Key decisions
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- Approved the Monthly Rule 45 Report.
- Passed an amendment to use 11414 S Halsted St as a migrant shelter.
- Passed an amendment to dissolve the Chicago Community Land Trust and form it as a bureau within the Department of Housing.
- Approved renewed and amended lease agreements for properties at 4310 W North Ave and 4615 W Homer St.
- Approved the sale of several City-owned properties at market rate and below market rate.
- Approved a real estate exchange agreement involving properties on S Calumet Ave and S Dr. Martin Luther King Jr. Drive.
- Approved the transfer of a City-owned property to the Chicago Park District for $1.00.
- Held in committee a right-of-entry use agreement with Columbia Yacht Club.
- Postponed the Subject Matter Hearing on the 5 Year Homelessness Plan.
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