What measures will you support to guarantee that some of the foreclosed properties saved through the Neighborhood Stabilization Program are made affordable to families at 40% and 60% of AMI?

Housing & Affordability
Gerald Scott McCarthy IVI-IPO 2017 Chicago City Council

No response provided

Marcellus H. Moore, Jr. IVI-IPO 2017 Chicago City Council

I support measures to guarantee that some of the foreclosed properties saved through any program are made affordable to families at 40%-60% of the Area Median Income, but I am not prepared to outline specific measures and would require further research and investigation.

I will push for the provisions in the ordinance for the Neighborhood Stabilization Program. The ordinance requires the city to reinvest where it matters the most and ensure that we maintain affordability.