Years of subsidies to wealthy developers and de-funding and destruction of public housing mean most Chicagoans struggle to find decent housing they can afford.<\/strong><\/p>\nThe list of big money tax give-aways to the wealthy is practically endless:<\/p>\n
** $16 million proposed for luxury hi-rises on prime lake-front property in Uptown (the \u201cMaryville TIF\u201d);
\n** $1.2 billion in borrowing to build the proposed Lucas \/ Star Wars museum of 20th Century American kitsch;
\n** $29.5 million for a luxury hi-rise on prime downtown Chicago River-front property;
\n** $55 million for the DePaul basketball arena
\n** $5.2 million in part for Penny Pritzker\u2019s Hyatt hotel chain in Hyde Park
\n** $15 million for the Chicago Board of Trade
\n\u2026and the list goes on\u2026<\/em><\/p>\nMeanwhile, Mayor Emanuel\u2019s Chicago Housing Authority helps <\/strong>DESTROY<\/strong> low income housing:<\/strong><\/p>\n** By refusing to rehab its current stock of affordable housing, such as at the Lathrop Homes;
\n** By refusing to abide by its promise of replacing each unit of affordable housing it closes down, such as at the Robert Taylor Homes on the south side, ABLA on the west side, and Cabrini Green on the north side
\n** By allowing literally hundreds of thousands of people to languish on their waitlist for years waiting for affordable housing
\n\u2026 all while sitting on $440 MILLION in its bank account!<\/p>\n
Next Wednesday, aldermen in the City Council are expected to introduce an ordinance that will permit Maryville TIF (tax increment financing) money to go towards luxury high-rises in Uptown.<\/p>\n
For too long our tax dollars have been going to wealthy developers to create luxury high-rises and condos. Instead of investing in our community, these projects are pushing low-income, black and brown families out of our communities.<\/p>\n
Join us at 10:45 AM, Wednesday, May 18
\nCity Hall, 121 N. LaSalle Street, 2nd floor<\/strong>
\n(by the elevators)<\/p>\nIf you can come earlier, please also attend the City Council meeting, also on the 2nd floor (meeting starts at 10 am, but come much earlier to ensure you get a seat!)<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Originally published May 15, 2016 No TIF For the Rich! 10:45 AM, Wednesday, May 18 City Hall 121 N. LaSalle Street, 2nd floor (by the elevators) Years of subsidies to wealthy Continue Reading \u2192<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[110,16,49],"tags":[19,8,23,22,18,138,17],"class_list":["post-427","post","type-post","status-publish","format-standard","hentry","category-class","category-homeless-rights","category-politicians","tag-alderman-james-cappleman","tag-democrats","tag-homeless","tag-mayor-rahm-emanuel","tag-north-side-action-4-justice","tag-tif","tag-uptown-tent-city-organizers"],"_links":{"self":[{"href":"https:\/\/gayliberation.net\/blog\/wp-json\/wp\/v2\/posts\/427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gayliberation.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gayliberation.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gayliberation.net\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/gayliberation.net\/blog\/wp-json\/wp\/v2\/comments?post=427"}],"version-history":[{"count":2,"href":"https:\/\/gayliberation.net\/blog\/wp-json\/wp\/v2\/posts\/427\/revisions"}],"predecessor-version":[{"id":429,"href":"https:\/\/gayliberation.net\/blog\/wp-json\/wp\/v2\/posts\/427\/revisions\/429"}],"wp:attachment":[{"href":"https:\/\/gayliberation.net\/blog\/wp-json\/wp\/v2\/media?parent=427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gayliberation.net\/blog\/wp-json\/wp\/v2\/categories?post=427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gayliberation.net\/blog\/wp-json\/wp\/v2\/tags?post=427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"Housing](\"https:\/\/gallery.mailchimp.com\/57c194ba9b4712be34160a911\/images\/108a083f-a184-47c5-8f48-a50f3034d406.jpg\")
<\/a><\/strong><\/em><\/p>\n