It’s now up to Chicago voters to decide whether to authorize the City Council to raise the real estate transfer tax on high-end property sales to confront the burgeoning problem of homelessness.
to raise the real estate transfer tax on high-end property sales to confront the burgeoning problem of homelessness.will appear on the March ballot, thanks to Tuesday’s 32-to-17 Council vote.
"Hundreds of millions of dollars have never gone out the door. Yet, we want more. … The issue isn’t the money. The issue is the execution. The execution falls on the chief executive, which would be you," Lopez toldNorth Side Ald. Maria Hadden tried to poke holes in the claim the city isn’t spending all available funds already.Mayor Brandon Johnson is reintroducing a resolution called "Bring Chicago Home," which he says is aimed at combating homelessness.
During a news conference after Tuesday’s meeting, Johnson was somewhat defiant when asked how confident he is the binding referendum will pass. "We’re gonna knock doors. We’re gonna talk to people. We’re gonna hold community meetings. And we’re gonna tell the story that one in four Black children who experience homelessness — that ain’t right. … We’re gonna right the wrong," the mayor said.
Like Johnson, Lightfoot also once promised to raise the transfer tax and use the money to fight homelessness. But she broke that promise, alienating the progressive voters who put her in office.
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