-
Aldermen are scheduled on Monday to consider an anti-gentrification measure, revisit where the city invests its savings and approve more than a dozen separate tax-increment financing disbursements during a marathon meeting of the City Council Committee on Finance.
The agenda includes an ordinance (O2021-746) introduced by Mayor Lori Lightfoot last month that would charge a fee on anyone applying to demolish a residential building in Pilsen or near the 606 Bloomingdale Trail. The measure is cosponsored by Ald. Daniel La Spata (1) and Ald. Carlos Ramirez-Rosa (35), who have both long advocated for demolition fees as a tool to slow displacement in their gentrifying wards.
Do you like this page?