Mayor Brandon Johnson's $1.25 billion borrowing plan for affordable housing approved
Overall, the mayor's borrowing plan would cost the city $2.4 billion through 2061.
Overall, the mayor's borrowing plan would cost the city $2.4 billion through 2061.
The City Council Finance Committee has endorsed the plan after the mayor agreed to give aldermen more oversight of the plan, but a final vote has been put off until Friday at the earliest.
Aurora's Todd Elementary School closed in 2019, but it reopened on Wednesday as the new Fox Valley Apartments to house working families.
A couple of shuttered school buildings in Aurora have found new purpose. They'll serve as affordable housing for working people and families. CBS 2 visited the city as doors to one of those schools reopened for the first time in five years.
"They provide families and individuals with a place to lay down, to lay down their roots, to create memories, and to start new traditions."
Mayor Brandon Johnson joined other leaders to cut the ribbon at the new Maria Elena Sifuentes Housing Development in the Albany Park neighborhood. He applauded the work done by organizers and community members.
Over the last several weeks, the Saint Charles senior living community has become a bit of a ghost town.
"It has to start somewhere. It starts right here on this lot, and it starts right now."
"It has to start somewhere. It starts right here on this lot, and it starts right now."
Tenants are renting out individual rooms in more than 100 different units. That means strangers are paired together in apartments.
An affordable housing group worked with the city and HUD to save and improve the housing, which cost $32 million.
It will be built on vacant city land next to the Kedzie Avenue Green Line station in East Garfield Park.
It will be built on vacant city land next to the Kedzie Avenue Green Line station in East Garfield Park.
A UIC study shows half of Native Americans in Chicago are paying more than 30% of their income to rent their homes.
Visionary Ventures NFP is redeveloping the former Lincoln Elementary School and former Todd Elementary School.
Protesters are calling on city leaders to stop construction and add more affordable housing to the neighborhood.
CBS 2's Jackie Kostek reports the pandemic appears to have only increased the demand for affordable housing.
Mayor Lori Lightfoot, along with city leaders, announced the launch of the " Reclaiming Communities Campaign."
Aldermen voted 42-8 to approve the mayor's proposal, which would set new requirements for developers who get city subsidies, purchase city land, or require a zoning change for their projects.
A bill geared toward creating more affordable housing passed out of committee in the Illinois state Senate Wednesday.
Seeking to boost the number of affordable housing units available for lower-income Chicagoans, Mayor Lori Lightfoot on Wednesday proposed new requirements for developers who get city subsidies, purchase city land, or require a zoning change for their projects.
"This is an extremely reasonable policy to protect naturally-occurring affordable housing in our Chicago neighborhoods that are seeing record-high displacement in this moment," said Ald. Carlos Ramirez-Rosa (35th).
Revenue from the additional fees would go to the city's Affordable Housing Opportunity Fund, which collects various fees from developers to help subsidize affordable housing initiatives in lower-income neighborhoods.
On Tuesday, Mayor Lori Lightfoot will honor the organization behind beautiful new housing in Englewood.
There is a marginal risk for severe storms with rain expected to arrive between 4 p.m. and 10 p.m.
The state is cutting off Dolton's offset payments—funds Illinois deducts from state payments going out to people.
The Mercury led by double figures for the entire second half.
Six large-scale creations will fill Hostage Square Chicago—an all-day outdoor exhibit to show solidarity with Israel and the hostages.
Greater traffic restrictions begin for the red zone around the stadium starting Thursday night.
Six large-scale creations will fill Hostage Square Chicago—an all-day outdoor exhibit to show solidarity with Israel and the hostages.
Greater traffic restrictions begin for the red zone around the stadium starting Thursday night.
An employee of the Democratic National Committee has filed a complaint seeking to remove the Green Party's presidential candidate from the ballot in Wisconsin.
Attorneys for former President Donald Trump asked the judge overseeing his criminal case in New York to delay his sentencing until after the presidential election in November.
The Biden administration announced that $50 million will go to Michigan, Ohio, Indiana, Kentucky, Tennessee and Illinois to boost electric vehicle production.
What is still not clear is what will happen to all the headstones that were already ordered, paid for, and never delivered.
Thieves targeted Kias and Hyundais because some models do not have engine immobilizers—technology that has historically been standard in other vehicles.
An alderman wants to get a new home repair grant program to help homeowners who live near where the DNC is being held.
Starting Sunday, customers can bring a used denim item — any brand, in any condition — to a Target store and trade it in for a coupon worth 20% off a new denim purchase.
Experts say insurance companies are paying close attention, and the average person should be doing so too.
Indiana's attorney general has dropped a lawsuit accusing the state's largest hospital system of violating patient privacy laws when a doctor told a newspaper that a 10-year-old Ohio girl had traveled to Indiana for an abortion.
Posts shared online have urged other attendees of both the festival itself and afterparties to get checked out.
The Duke and Duchess of Sussex's Archewell Foundation is launching a new initiative, the Parents' Network, to support parents whose children have been victimized by harmful online content, from social media bullying to suicide ideation.
Medical professionals warn of young people drinking excessively and using drugs, necessitating hospital visits.
Iowa now bans most abortions after about six weeks of pregnancy. Across the country, four states ban abortions after about six weeks of pregnancy, and 14 states have near-total bans at all stages of pregnancy.
Sears first moved into the headquarters in 1992, after receiving a series of incentives.
Fewer rooms have been booked than DNC organizers first expected.
The Biden administration announced that $50 million will go to Michigan, Ohio, Indiana, Kentucky, Tennessee and Illinois to boost electric vehicle production.
A Save A Lot store in West Garfield Park is expected to open in early September. Three other Chicago locations could reopen in October, and two more could reopen in November.
The guidebook goes well beyond the city's 77 official community areas—highlighting neighborhoods on a more granular level.
Authorities say two suspected extremists believed to be tied to ISIS appeared to be planning an attack on an event in the Vienna area.
They said taking part in a Chappell Roan show was, to say the least, far from something ordinary.
Massachusetts-based rock band Aerosmith has announced that they're retiring from touring and cancelling their farewell tour due to lead singer Steven Tyler's vocal injury.
Justin Timberlake's license was suspended Friday, as the singer pleaded not guilty to driving while intoxicated on Long Island.
Magnum will start at an as-yet-unspecified date in the fall.
The pop star resumed her tour after a terror threat canceled shows last week in Vienna, Austria
Democratic delegates, protesters, and media from across the country are all starting to make their way into Chicago for the weeklong convention. CBS News Senior White House and political correspondent Ed O’Keefe gave a preview of next week's convention
Vice President Kamala Harris will travel to the battleground state of North Carolina on Friday to give a major economic policy speech.
Drugs like Ozempic and Wegovy have been booming in recent years as people use them for weight loss, but their popularity is making it harder to get them, and some are instead turning to off-brand versions.
A group planning to protest during next week's Democratic National Convention said the city is putting "outrageous conditions" in place when it comes to permits. An emergency status hearing on the protest permit issue was held over the phone Thursday and it ended without a resolution. The city has been given until noon Friday to respond to the protesters' demands.
Greater traffic restrictions begin for the red zone around the stadium starting Thursday night.
The group's permits to protest have been approved, but the group said the city is imposing restrictions they believe are in place to silence them.
Six large-scale creations will fill Hostage Square Chicago—an all-day outdoor exhibit to show solidarity with Israel and the hostages.
There is a marginal risk for severe storms with rain expected to arrive between 4 p.m. and 10 p.m.
The state is cutting off Dolton's offset payments—funds Illinois deducts from state payments going out to people.
Less than a mile from the United Center, staff at Rush University Medical Center prepare for any possibility of a chemical attack.
CBS News Chicago obtained a 22-page document, but the majority of the document was blacked out with redactions.
An alderman wants to get a new home repair grant program to help homeowners who live near where the DNC is being held.
Grayson told his superiors he was about to terminate the pursuit. But he did not stop.
Former Secret Service agent McCarthy said security for both conventions is now even under more scrutiny since the assassination attempt on former President Trump.
The Mercury led by double figures for the entire second half.
Chicago Bears head coach Matt Eberflus announced the starters will play in Saturday's preseason game.
The "Frozen Confines: Big Ten Hockey Series" will feature a pair of doubleheaders on Jan. 3 and 4.
The Sox had intentionally walked Juan Soto to bring up Judge, who had not homered on a 3-0 pitch since 2021.
Alex Cobb got his first win in nearly a year and Andrés Giménez drove in three runs, sending the American League-leading Guardians to a 6-1 victory over the Cubs.
Federal prosecutors said Lewis Lacey lied about his income and assets to avoid paying more than $40,000 in a lawsuit settlement.
Prosecutors said they tried to pull off a scheme for the officers to clock in hours of OT pay without doing much work.
Three men exited a vehicle, and at least one of them pulled a gun and fired shots at the teen, police said.
Police said Christopher Davis was seen driving around with a pistol used in the shooting.
The manager at Fresh Mart Foods also said the burglary crew stole a bunch of lottery tickets.