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Sunday, December 22, 2024

Chicago amends housing preservation ordinance with new effective date

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Lissette Castañeda DOH commissioner | City of Chicago Website

Lissette Castañeda DOH commissioner | City of Chicago Website

On December 2, 2024, Chicago Alderpersons and the Chicago Association of REALTORS announced an agreement on changes to the Northwest Side Housing Preservation Ordinance passed by City Council in September. The amended ordinance establishes March 1, 2025, as the new effective date for TOP. This allows time for the City Council to act on these amendments and for the REALTORS and sponsors to inform all impacted parties of the changes.

Enforcement of the TOP provisions will be delayed until this new effective date. However, all other sections of the ordinance, including changes to the demolition surcharge, went into effect on October 9, 2024, and will remain in effect.

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