The Mayor’s plan calls for creating a nonprofit housing corporation tasked with building affordable housing that meets Green Building standards.
The Chicago City Council approved a proposal to create a nonprofit housing development corporation run by the city’s Department of Housing, reports Todd Feurer for CBS News Chicago. “The $135 million fund will be financed from a $1.25 billion borrowing plan approved by the City Council last year,” Feuer adds.
“That nonprofit, known as the Residential Investment Corp., would control a $135 million fund that would be used to provide low-cost loans to developers to build environmentally friendly buildings.” Projects built under its auspices would have to set aside 30 percent of units as affordable housing and meet Green Building Standards.
According to Feurer, “The ordinance includes guarantees that the loan fund will use Department of Housing workers for any services similar to existing jobs within the department.” The proposal underwent several changes before it was approved.
FULL STORY: City Council approves Mayor Johnson's "green social housing" plan to boost affordable housing
Seattle's first social housing building gets 10,000 resident applications
The Elara at the Market development includes 150 affordable housing units.
Chicago eliminates parking requirements near transit
In 2025, Illinois barred cities from mandating parking near train and bus stations.
New Washington State Law Lets Cities Give Social Housing Developers City-owned Land
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Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
The state-sanctioned urbicide of Austin
People don’t kill cities. Freeways do.
US to reduce Colorado River water deliveries to Mexico
A new Colorado Treaty amendment reduces Mexico’s Colorado River water allocation by 250,000 acre feet.
5 New England states march closer to 800 megawatt wind energy project
Securing federal approval for the project may be complicated under the Trump administration, which has historically been hostile towards domestic wind power.
Baltimore to break ground on $50 million Transit Priority Project
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Airbnb launches $250 million 'last-dollar financing' housing accelerator, makes first investment in Austin
The company will put $6.4 million towards affordable housing development in Texas’ capital.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
Eagle County Government
Harvard University Graduate School of Design
Nashville Planning Department
The Architects Foundation
University of Cincinnati Online
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello
Journal of the American Planning Association