Committee on Housing and Real Estate - July 9, 2025
At a glance
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The Committee on Housing and Real Estate met on July 9, 2025, to approve appointments to the Residential Investment Corporation Board, process multiple property sales and redevelopment agreements under various city programs including ChiBlockBuilder and City Lots for Working Families, and hold a subject matter hearing on algorithmic price fixing impacts on housing.
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Key decisions
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- Approved appointments of seven members to the Board of Directors of Residential Investment Corporation: Kristin Horne, Don Villar, William W. Towns, Edith Tovar, Gwendolyn Hatten Butler, Daniel Hertz, and Juanita Garcia
- Passed first amendment to City Lots for Working Families program modifying lot size, lot value thresholds, city hiring requirements, and other program parameters
- Passed sale of eight vacant City-owned properties to Missing Middle Chicago LLC under ChiBlockBuilder platform for residential construction at $1.00 per lot
- Passed sale of 11 vacant City-owned properties to NeighborSpace and We Sow We Grow partnership under ChiBlockBuilder platform for urban agriculture district at $1.00 per lot
- Passed multiple property sales under ChiBlockBuilder platform including Paisans Pizzeria development ($142,000), residential buildings, and other commercial/residential projects
- Held in committee redevelopment agreement for sale of 12 properties to Citizens Building a Better Community LLC under City Lots for Working Families Program at $1.00 per lot
- Held subject matter hearing on impacts of algorithmic price fixing on housing availability and affordability with no vote taken
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Meeting information
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Committee on Housing and Real Estate
Hearing - no vote on R2024-0012413 [price fixing, housing availability and affordability] Regular meeting follows. Written public comment deadline: July 8, 2025, 5:00 PM
Agenda
Agenda items not available.
Documents from this meeting
- Agendahttps://occprodstoragev1.blob.core.usgovcloudapi.net/meetingattachmentspublic/e38cd208-e23a-4026-8728-03a1e866c3cd.pdf
- Noticehttps://occprodstoragev1.blob.core.usgovcloudapi.net/meetingattachmentspublic/b7d8c290-84b2-47a1-9986-fa9c897178c3.pdf
- Summaryhttps://occprodstoragev1.blob.core.usgovcloudapi.net/meetingattachmentspublic/fe0ee349-8814-4f3e-aed3-a6b5bbb4ab77.pdf
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