Moratorium Will Stem Loss of Affordable Housing Units While a Balanced Proposal is Developed
CHICAGO–(ENEWSPF)–June 24, 2014. Mayor Rahm Emanuel, Alderman Walter Burnett, Alderman Ameya Pawar and the Chicago for All Coalition today introduced an ordinance that would establish a 6-month moratorium on the conversion and demolition of Single Room Occupancy (SRO) housing and residential hotels in Chicago. Up to 6,000 units are at risk due to the conversion of SROs and residential hotels into…
