Chicago is now home to the nation’s highest hotel tax after the City Council unanimously voted on Wednesday to create a Tourism Improvement District and raise the tax on hotel rooms within that district to 19%. According to the Chicago Sun-Times, the current combined...
The Chicago Housing Authority (CHA) has announced the selection of Keith Pettigrew as the agency’s next CEO. Pettigrew brings more than 30 years of public housing leadership to the CHA. He is currently the executive director of the District of Columbia Housing...
Cutting capital gains taxes on houses, cutting millions in consulting fees, and cutting out talk about property tax hikes. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 21-25. Hit and Miss: Right Words, Wrong...
Chicago Mayor Brandon Johnson is downplaying comments made by his chief financial officer (CFO) that the city could raise property taxes to fill its $1 billion budget deficit. WLS.com reports CFO Jill Jaworski told a Bloomberg that a property tax increase was a...
Chicago Mayor Brandon Johnson have unveiled “Build Better Together,” an economic development strategy encompassing public-private partnerships and cross-collaborations between city agencies. Johnson introduced the initiative focusing on affordable housing development,...