The Chicago City Council has greenlighted Mayor Brandon Johnson's inaugural budget, totalling $16.77 billion, this week in a 41-8 vote. Johnson's budget plans to stabilize property taxes while boosting funds for mental health services, violence prevention initiatives, and earmarking $150 million for housing and social support for incoming asylum seekers in the city.
The Chicago Department of Housing (DOH) is pleased to announce the successful completion and ribbon-cutting ceremony of the Covent Apartments at 2653 N Clark Street in Chicago’s Lincoln Park neighborhood. The project, a significant milestone in the preservation of residential hotels, involved the deconversion and rehabilitation of the existing Covent Hotel SRO (Single Room Occupancy) into 30 modern studio units, each equipped with their own kitchen and bathroom.