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Update: Zoning and Affordable Housing

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Incentives or mandates: which tool will increase affordable housing in Chicago? On the one hand, Mayor Richard M. Daley wants to use density bonuses as incentives for developers to build affordable housing units. On the other side, several alderman are proposing strict mandatory requirements to ensure affordable units and better meet the needs of low-income residents.

At a May 26 press conference, the Mayor announced zoning changes that he says will have an impact on affordable housing in Chicago.
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Housing on State, City Agendas

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All I can say is that it had to happen. Finally, one of our local aldermen came forth to do something positive about affordable housing. It also looks like we are going in a positive direction statewide with the establishment of a body to which activists will finally be able to address directly their concerns about affordable housing. In the last RJ, I tried to direct your attention towards some of the problems we’re up against regarding the zoning code re-write.

What we are expecting now is that the new re-write will appear for a vote before the Chicago City Council this summer, around June 2003. Pete Skosey from the Metropolitan Planning Council chimed into the process with these words, “What we have to understand is that zoning cannot be the solution for everything. Zoning cannot affect the economics of the property. Read more »

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