A record-setting amount of apartments in Chicago were converted into condominiums in 2005, and Mayor Richard Daley has formed a task force to limit the trend which is rapidly diminishing affordable housing in the city.
"Conversions have become a hot political issue in other cities, including Los Angeles and Las Vegas, where politicians and housing advocates have proposed moratoriums on such developments. It's not clear whether the task force would go that far."
A similar conversion boom in the '70s prompted a 40-day moratorium on condo conversions.
"More than a quarter of a century later, with Mayor Daley approaching a re-election campaign, affordable housing is a political issue again. The sustained real estate boom of the previous 10 years has pushed purchase prices - including those for converted apartments - beyond the reach of many in the middle-to-low income brackets."
FULL STORY: Daley seeks to slow condo conversions

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Chicago’s Ghost Rails
Just beneath the surface of the modern city lie the remnants of its expansive early 20th-century streetcar system.

Amtrak Cutting Jobs, Funding to High-Speed Rail
The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.

Ohio Forces Data Centers to Prepay for Power
Utilities are calling on states to hold data center operators responsible for new energy demands to prevent leaving consumers on the hook for their bills.

MARTA CEO Steps Down Amid Citizenship Concerns
MARTA’s board announced Thursday that its chief, who is from Canada, is resigning due to questions about his immigration status.

Silicon Valley ‘Bike Superhighway’ Awarded $14M State Grant
A Caltrans grant brings the 10-mile Central Bikeway project connecting Santa Clara and East San Jose closer to fruition.
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