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City Council Votes 30-18 to Greenlight Mayor’s New Approach to Building Affordable Housing in Chicago

  • Mayor Brandon Johnson secured City Council approval on May 7, 2025, for his Green Social Housing plan to fund affordable housing in Chicago.
  • The plan followed weeks of debate and was driven by waning federal support and the need for local action amid a housing shortage.
  • The ordinance creates a city-run nonprofit that will loan $135 million over five years to developers building at least 30% affordable and green housing units.
  • The City Council voted 30-18, with officials noting the measure counters the loss of $200 million in federal funds and aims to build 400 units annually.
  • This policy marks a key mayoral win but faces criticism for slow impact in less affluent areas and remains one of several tools to address Chicago's housing crisis.
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Chicago Sun Times broke the news in Chicago, United States on Tuesday, May 6, 2025.
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