HUD foreclosure and reconveyance to Ventus Quincy LLC
Local government agreement with U.S. Department of Urban and Housing Development (HUD) regarding HUD foreclosure of parcels located in Bronzeville (a.k.a. Hearts United Phase II project) and reconveyance of parcels to Ventus Quincy LLC for development of affordable housing
- Record number: O2026-0026247
- Type: Ordinance; category: Agreements
- Status: Final
- Sponsor: Johnson, Brandon
- Committee: Committee on Housing and Real Estate
- Introduced: Jun 17, 2026
- Final action: Jul 15, 2026
- Official record: Office of the City Clerk
Roll call: Passed Jul 15, 2026
49 yea, 0 nay. On motion of Alderperson Sigcho-Lopez, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed. Voted at the City Council meeting of Jul 15, 2026.
Yea (46): Daniel La Spata (1), Brian Hopkins (2), Pat Dowell (3), Lamont J. Robinson (4), Desmon C. Yancy (5), William E. Hall (6), Gregory I. Mitchell (7), Michelle A. Harris (8), Anthony Beale (9), Peter Chico (10), Nicole T. Lee (11), Julia M. Ramirez (12), Marty Quinn (13), Raymond A. Lopez (15), Stephanie D. Coleman (16), David H. Moore (17), Derrick G. Curtis (18), Matthew J. O'Shea (19), Jeanette B. Taylor (20), Ronnie L. Mosley (21), Michael D. Rodriguez (22), Silvana Tabares (23), Monique L. Scott (24), Jessica L. Fuentes (26), Walter R. Burnett (27), Jason C. Ervin (28), Chris Taliaferro (29), Ruth Cruz (30), Felix Cardona Jr. (31), Scott Waguespack (32), William Conway (34), Anthony J. Quezada (35), Gilbert Villegas (36), Nicholas Sposato (38), Samantha Nugent (39), Andre Vasquez Jr. (40), Anthony V. Napolitano (41), Brendan Reilly (42), Timothy R. Knudsen (43), Bennett R. Lawson (44), James M. Gardiner (45), Angela Clay (46), Matthew J. Martin (47), Leni Manaa-Hoppenworth (48), Maria E. Hadden (49), Debra L. Silverstein (50)
Not voting (1): Emma Mitts (37)
Former members who voted: Jeylu B. Gutierrez (Yea), Byron Sigcho-Lopez (Yea), Rossana Rodriguez Sanchez (Yea)
Timeline
- Jun 17, 2026: Referred, City Council
- Jul 8, 2026: Recommended to Pass, Committee on Housing and Real Estate
- Jul 15, 2026: Passed, City Council
Documents
- O2026-0026247 Ordinance.pdf (Legislation)
- O2026-0026247 EDS Ventus Quincy LLC.pdf (EDS)
- O2026-0026247 Digital Cover.pdf (Miscellaneous)
- O2026-0026247 Committee Letter.pdf (Committee Letter)
- O2026-0026247 Mayor Letter.pdf (Miscellaneous)
- O2026-0026247 EXH A Legal Description.pdf (Exhibits)