Advocates that make up a coalition supporting Bring Chicago Home rallied in the lobby of City Hall Thursday ahead of the hearing on the proposal. [Michael McDevitt/The Daily Line] 

Alderpersons largely voiced support Thursday during a hearing on Bring Chicago Home, the proposal to raise the real estate transfer tax on property sales over $1 million and use that new revenue to fund affordable housing and services for people experiencing housing instability. 

The subject matter hearing was held during a meeting of the City Council Committee on Housing and Real Estate. Alderpersons who spoke overwhelmingly supported the tax hike as a means to fund homelessness solutions. The policy would need to be approved by Chicago voters via referendum before it could become law.