Lissette Castañeda DOH commissioner | City of Chicago Website
Lissette Castañeda DOH commissioner | City of Chicago Website
The Chicago Department of Housing’s (DOH) Commissioner has assumed additional administrative authority following the passage of an ordinance that grants the Commissioner the power to approve the restructuring of certain terms and conditions associated with previously issued City financing for affordable housing developments.
DOH receives approximately 15-20 requests annually to restructure or modify existing City loans issued to finance affordable housing developments. The ordinance aims to create a more streamlined and timely processing system. Under Mayor Brandon Johnson’s Cut the Tape Initiative, this ordinance will assist in preventing tenant displacement and maintaining affordability within housing.
The ordinance now enables the following modifications to be authorized by the DOH Commissioner:
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