Jessica D'OnofrioThe most hotly debated referendum on the Illinois primary ballot is Bring Chicago Home, a change to the structure of real estate transfer taxes intended to create revenue for progrThe Bring Chicago Home referendum, meant to restructure real estate transfer taxes to benefit Chicago's unhoused population, appeared to be headed for defeat Wednesday morning.
Property sales under $1 million would see a slight cut to their transfer tax, while properties over $1 million and $1.5 million would be taxed at an increased rate on revenue over the respective benchmark. "As neighborhood housing providers, we are responsible for 70% of the city's affordable housing, and we want to work with the City to find real solutions that benefit neighborhood housing and grow Chicago's supply of naturally occurring affordable housing."
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Chicago Votes parade leads CPS students to voting polls amid 'Bring Chicago Home' referendum debateLast minute efforts to get voters to the polls were underway on several fronts Friday, with the Illinois primary election just four days away.
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Chicago's Bring Chicago Home campaign aims to address affordable housing for veteransThe Bring Chicago Home campaign seeks to shift the city's Real Estate Transfer Tax to fund affordable housing for veterans experiencing homelessness. The campaign faces challenges from the real estate lobby, but it represents a critical step in addressing the housing crisis in Chicago.
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Bring Chicago Home referendum faces 1st major test on Chicago ballot in primary electionThe most hotly debated referendum on the Illinois primary ballot is Bring Chicago Home, a change to the structure of real estate transfer taxes intended to create revenue for programs fighting homelessness in the city.
Source: ABC7Chicago - 🏆 284. / 63 Read more »
Bring Chicago Home campaign awaits results in ballot referendumThe Bring Chicago Home campaign, backed by Mayor Brandon Johnson, awaits the results of a ballot referendum that aims to increase taxes on more expensive city property purchases. The campaign argues that raising the real estate transfer tax for property purchases above $1 million will help address the city's lack of affordable housing.
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Bring Chicago Home real estate transfer tax referendum appears headed to defeatThe measure was a signature initiative of Mayor Brandon Johnson and his progressive allies in an effort to raise more money to fight homelessness.
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‘Bring Chicago Home' proponents vow to fight on after ‘disappointing' electionProponents of the “Bring Chicago Home” referendum, designed to give city voters an opportunity to determine how real estate transfer taxes are assessed,…
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