# Issuance of multi-family housing revenue bonds to Lathrop Preservation Phase IC LP for lease and development of facilities at 2600-2618, 2601-2631, 2628-2662, 2664-2704, 2633-2667, 2740 and 2750-2768 N Hoyne Ave and 2731-2759 N Leavitt St

- Record number: **SO2026-0024082**
- Type: Ordinance; category: Bonds & Bond Issues
- Status: Final
- Sponsor: Johnson, Brandon
- Committee: Committee on Finance
- Introduced: Mar 18, 2026
- Final action: Apr 15, 2026
- Official record: [Office of the City Clerk](https://chicityclerkelms.chicago.gov/Matter/?matterId=B681F34E-F122-F111-8341-001DD80C2AAC)

## Roll call: Passed Apr 15, 2026

**50 yea, 0 nay.** On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed. Voted at the [City Council meeting of Apr 15, 2026](https://www.chicagopolitics.org/meeting/2EA74F29-8923-F111-8341-001DD80B1275).

**Yea (47)**: [Daniel La Spata](https://www.chicagopolitics.org/ward/1) (1), [Brian Hopkins](https://www.chicagopolitics.org/ward/2) (2), [Pat Dowell](https://www.chicagopolitics.org/ward/3) (3), [Lamont J. Robinson](https://www.chicagopolitics.org/ward/4) (4), [Desmon C. Yancy](https://www.chicagopolitics.org/ward/5) (5), [William E. Hall](https://www.chicagopolitics.org/ward/6) (6), [Gregory I. Mitchell](https://www.chicagopolitics.org/ward/7) (7), [Michelle A. Harris](https://www.chicagopolitics.org/ward/8) (8), [Anthony Beale](https://www.chicagopolitics.org/ward/9) (9), [Peter Chico](https://www.chicagopolitics.org/ward/10) (10), [Nicole T. Lee](https://www.chicagopolitics.org/ward/11) (11), [Julia M. Ramirez](https://www.chicagopolitics.org/ward/12) (12), [Marty Quinn](https://www.chicagopolitics.org/ward/13) (13), [Raymond A. Lopez](https://www.chicagopolitics.org/ward/15) (15), [Stephanie D. Coleman](https://www.chicagopolitics.org/ward/16) (16), [David H. Moore](https://www.chicagopolitics.org/ward/17) (17), [Derrick G. Curtis](https://www.chicagopolitics.org/ward/18) (18), [Matthew J. O'Shea](https://www.chicagopolitics.org/ward/19) (19), [Jeanette B. Taylor](https://www.chicagopolitics.org/ward/20) (20), [Ronnie L. Mosley](https://www.chicagopolitics.org/ward/21) (21), [Michael D. Rodriguez](https://www.chicagopolitics.org/ward/22) (22), [Silvana Tabares](https://www.chicagopolitics.org/ward/23) (23), [Monique L. Scott](https://www.chicagopolitics.org/ward/24) (24), [Jessica L. Fuentes](https://www.chicagopolitics.org/ward/26) (26), [Walter R. Burnett](https://www.chicagopolitics.org/ward/27) (27), [Jason C. Ervin](https://www.chicagopolitics.org/ward/28) (28), [Chris Taliaferro](https://www.chicagopolitics.org/ward/29) (29), [Ruth Cruz](https://www.chicagopolitics.org/ward/30) (30), [Felix Cardona Jr.](https://www.chicagopolitics.org/ward/31) (31), [Scott Waguespack](https://www.chicagopolitics.org/ward/32) (32), [William Conway](https://www.chicagopolitics.org/ward/34) (34), [Anthony J. Quezada](https://www.chicagopolitics.org/ward/35) (35), [Gilbert Villegas](https://www.chicagopolitics.org/ward/36) (36), [Emma Mitts](https://www.chicagopolitics.org/ward/37) (37), [Nicholas Sposato](https://www.chicagopolitics.org/ward/38) (38), [Samantha Nugent](https://www.chicagopolitics.org/ward/39) (39), [Andre Vasquez Jr.](https://www.chicagopolitics.org/ward/40) (40), [Anthony V. Napolitano](https://www.chicagopolitics.org/ward/41) (41), [Brendan Reilly](https://www.chicagopolitics.org/ward/42) (42), [Timothy R. Knudsen](https://www.chicagopolitics.org/ward/43) (43), [Bennett R. Lawson](https://www.chicagopolitics.org/ward/44) (44), [James M. Gardiner](https://www.chicagopolitics.org/ward/45) (45), [Angela Clay](https://www.chicagopolitics.org/ward/46) (46), [Matthew J. Martin](https://www.chicagopolitics.org/ward/47) (47), [Leni Manaa-Hoppenworth](https://www.chicagopolitics.org/ward/48) (48), [Maria E. Hadden](https://www.chicagopolitics.org/ward/49) (49), [Debra L. Silverstein](https://www.chicagopolitics.org/ward/50) (50)

Former members who voted: Jeylu B. Gutierrez (Yea), Byron Sigcho-Lopez (Yea), Rossana Rodriguez Sanchez (Yea)

## Timeline

- Mar 18, 2026: Referred, City Council
- Apr 13, 2026: Substituted, Committee on Finance
- Apr 13, 2026: Recommended to Pass, Committee on Finance
- Apr 15, 2026: Passed, City Council
- Apr 15, 2026: Signed by Mayor, City Council

## Documents

- [O2026-0024082 EDS\_Redacted\_UPDATED\_v1.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/c20259f5-8616-40c1-93cc-ade6b0dd84b7.pdf) (EDS)
- [SO2026-0024082 Substitute Exhibit B, Appendix C - Funding Loan Agreement\_v5\_4.10.26.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/e6deb485-2ddb-4ab2-a9b1-e06cf8c1408a.pdf) (Exhibits)
- [SO2026-0024082 SIGNED.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/0877b1f8-3d68-471c-b9c6-4ccadc59e9c3.pdf) (Legislation)
- [SO2026-0024082 Substitute Exhibit C - Loan Agreement \_v5\_4.10.26.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/3f2d39aa-a740-4777-a7a2-3ec5ac976f11.pdf) (Exhibits)
- [SO2026-0024082 Substitute Exhibit B - Trust Indenture\_v6\_4.10.26.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/88c2da77-fc1a-40ba-92ec-1d1c41f4984e.pdf) (Exhibits)
- [O2026-0024082 Exhibit B Bond Indenture.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/f5c47053-c6da-40af-b98f-22514accae2b.pdf) (Exhibits)
- [SO2026-0024082 Substitute Ordinance with Substitute Exhibit A\_FINAL\_4.10.26.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/6bccb66d-a710-4a98-a4f7-595f0a65a20c.pdf) (Legislation)
- [SO2026-0024082 Substitute Exhibit B, Appendix D - Borrower Loan Agreement\_v6\_4.10.26.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/efc7e9e3-f564-4188-8f8e-be47e523d498.pdf) (Exhibits)
- [SO2026-0024082 C.L..pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/e19af5a1-a985-4502-b5fe-f321d4094709.pdf) (Committee Letter)
- [O2026-0024082 Ordinance.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/2748e953-5243-4f64-beb2-a846b2a331de.pdf) (Legislation)
- [O2026-0024082 Exhibit A.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/9cb69aa2-702d-4797-a6b8-f14f29c2d6da.pdf) (Exhibits)
- [O2026-0024082 Exhibit C Loan Agreement.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/ed98541a-f9a7-447f-bf18-4197982da02c.pdf) (Exhibits)
- [O2026-0024082 Exhibit E RDA.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/778daef2-81a2-4f9e-876d-c0942afb744f.pdf) (Exhibits)
- [SO2026-0024082 Substitute Exhibit D - Tax Regulatory Agreement\_v5\_4.10.26.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/b76039b8-afa9-4158-ad05-775245529519.pdf) (Exhibits)
- [SO2026-0024082 Substitute Exhibit E - RDA\_v5\_4.10.26.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/3083760a-7846-4cc8-9af2-038f62fd70a1.pdf) (Exhibits)
- [O2026-0024082 Exhibit D Tax Regulatory Agreement.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/d268ea2c-11df-4c31-9709-fe889b8b1aae.pdf) (Exhibits)
- [O2026-0024082 Mayoral Letter.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/8f3b1799-7c79-4842-9cb7-f364a6c0819c.pdf) (Miscellaneous)

---
Source: https://www.chicagopolitics.org/matter/B681F34E-F122-F111-8341-001DD80C2AAC · Chicago Politics, an independent, nonpartisan tracker of the Chicago City Council. Guide for agents: https://www.chicagopolitics.org/llms.txt