My over 30 years in public service proves a strong commitment to the progressive agenda. As mayor, I plan to include all the invested parties, public and private, to reach a conclusion that provides opportunity to those who need to get back on their feet.
I believe this is an excellent place for the city to develop partnerships with some of our non-profits with a record in housing development
This income group is targeted by Low Income Housing Tax Credit program. I would look at using tax credits along with the Neighborhood Stabilization Program to rehabilitate rental properties. Properties can be developed by, in conjunction with and/or turn keyed to non-profit organizations with solid tract record to manage. I would also mandate the inclusion of these units in the trust fund, to ensure long-term affordability beyond the tax credit period.
I support including more properties in the Chicago Community Land Trust (CCLT) to preserve the long-term affordability of homes created through City programs and maintain a permanent pool of homeownership opportunities for working families.
Implement a new Homestead Act that would allow the purchase of those homes for the value owed.