Originally posted May 22, 2016
May 18, 2016
CITY HALL — Organizers from various affordable housing agencies interrupted a City Council meeting Wednesday, chanting “No TIFs for the Rich!” until they were escorted out by security.
Their objective was to demand Mayor Rahm Emanuel halt Tax Increment Funding that doesn’t benefit communities and insisting that he begin regulating the Chicago Housing Authority, the group said.
The interruption came as an ordinance was being introduced at City Council that would authorize Montrose Clarendon Partners, LLC to access funds from the Clarendon/Montrose Tax Increment Financing District once the money is generated.
The project is one of many that does nothing for the community, advocates said at a press conference held outside City Council.