Addressing the increasing of the housing stock begins with public engagement.
I believe Chicago needs an overall affordable housing program which would include and build on existing programs such as:
Passing Sweet Home Chicago A statewide property tax exemption of all nonprofits creating and preserving affordable housing
Expanded support for and use of community development corporations Build on the model of the Cook County Preservation Compact Comprehensive Rental Housing Action Plan for Cook County, designed to preserve and improve 75,000 existing affordable rental homes by 2020 that might otherwise be lost to condominium conversion, demolition, or rising costs A focus on the needs of key groups especially homeless and, among the homeless, homeless youth An ongoing fight for additional state (such as Rental Housing Support Program) and federal aid
(public housing and section 8)
I believe that affordable housing programs must be affordable and accessible for Chicago’s very low income families. I support all of the programs listed above and would add that I believe that
all affordable housing programs must provide community specific tiered income targets to ensure that programs are intelligent and intentional at meeting the varying needs of low-income families
across the city. These are needed both to ensure affordability standards and programs match specific need in each neighborhood that can vary greatly, as well as to avoid “creaming” those at the top of income criteria ceilings.
Serving people at this income level is very difficult for several reasons, including the need for operating subsidies to subsidize rental payments on an ongoing basis. I support federal funding
of the National Housing Trust Fund and more Housing Choice (Section 8) vouchers. The existing Chicago Low Income Housing Trust Fund deserves expansion, as well as resources allow. We also need to find creative ways to complete the Chicago Housing Authority Plan for Transformation to maximize the communities’ full potential and health as diverse, mixed-income communities that promote the dignity and well-being of all residents and serve as models to the rest of the nation of successful, sustainable neighborhoods. However, we should not assume that the housing mix and funding models utilized for the original Plan for Transformation communities should automatically be applied to those developments that have not yet undergone redevelopment, such as Lathrop Homes. Lathrop Homes and its surrounding community present a very different context than most of the CHA’s other developments did. Lathrop Homes is a real
opportunity to connect with the new interest from the US Department of Housing and Urban Development to better integrate housing development, good transportation planning,
environmental issues, and the like and to create models that can inform future housing and community development around the country.
Establish a development policy of 2 units of low income housing for every 1 unit of market rate housing.
No response provided