Lightfoot, Allies Block Hearing on Proposal to Hike Taxes on Sales of Million-Dollar Homes to Fight Homelessness

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Dozens of Chicagoans who waited hours to get their turn to address the Chicago City Council for three minutes were prevented from speaking. Only 25 City Council members attended the meeting — one short of the majority needed to hold the public hearing.

Members of the Chicago Coalition for the Homeless blast half of the City Council for failing to show up for a hearing on a proposal to tax the sale of properties worth more than million to fight homelessness on Monday, Nov. 14.

Supporters of the proposal say the change will help the nearly 66,000 Chicagoans who are unhoused by generating approximately $160 million annually — enough to address the root causes of homelessness and reduce crime and poverty throughout Chicago, they say. The measure would not change the share of the transfer tax — $1.50 for every $500 of the sale price — that helps fund the CTA, according to the proposal.

There can be no more than three questions for voters to answer as part of the Feb. 28 election, which will also feature contests for mayor, clerk, treasurer and all 50 alderpeople.

 

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