# Issuance of multi-family program funds and other financial assistance to 5853 N Broadway 4 LP for affordable housing project at 5853 N Broadway (4 percent owner)

- Record number: **SO2026-0027190**
- Type: Ordinance; category: Agreements
- Status: Final
- Sponsor: Johnson, Brandon
- Committee: Committee on Finance
- Introduced: Jul 15, 2026
- Final action: Sep 23, 2026
- Official record: [Office of the City Clerk](https://chicityclerkelms.chicago.gov/Matter/?matterId=BF93E71D-6E80-F111-AB0E-001DD80F46AC)

## Roll call: Passed Sep 23, 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 Sep 23, 2026](https://www.chicagopolitics.org/meeting/5F86622E-F485-F111-AB0E-001DD80ED7AA).

**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

- Jul 15, 2026: Referred, City Council
- Sep 22, 2026: Substituted, Committee on Finance
- Sep 22, 2026: Recommended to Pass, Committee on Finance
- Sep 23, 2026: Passed, City Council
- Sep 23, 2026: Signed by Mayor, City Council

## Documents

- [O2026-0027190 Ex A - Financing Terms.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/6ad6f2f1-e736-425a-844e-8f69199a5373.pdf) (Exhibits)
- [O2026-0027190 Ex F - Project Site.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/cd87cfa7-9052-467d-8ebf-9347b623731d.pdf) (Exhibits)
- [O2026-0027190 Mayoral Letter.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/8f3fb333-43b1-4322-a65b-5f0ca43ef9e1.pdf) (Miscellaneous)
- [O2026-0027190 Ex D - Tax Regulatory Agreement w subex A-1, A-2, A-3, B and C.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/ddd92958-ebba-4129-ae4a-d51ff9f52edb.pdf) (Exhibits)
- [O2026-0027190\_Ex C - Loan Agreement w subex A, B-1, B-2 (Sch A) and C.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/b43f0946-e471-4b1e-bea4-c923107f1584.pdf) (Exhibits)
- [O2026-0027190 Ex E - Redevelopment Agreement.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/b451a6bd-33d3-4a1d-8579-629538c79cb6.pdf) (Exhibits)
- [SO2026-0027190 Exh B \[Trust Indenture\].pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/73e280dd-b630-42c0-afd6-6a7d09aef103.pdf) (Exhibits)
- [SO2026-0027190 EDS \[Bickerdike Redevelopment Corp 4%\]\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/26f539c6-fb26-4704-ae8b-3c8746403945.pdf) (EDS)
- [SO2026-0027190 SIGNED.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/72f40017-aafa-45b7-b2f8-1aae22ff5e65.pdf) (Legislation)
- [SO2026-0027190 Substitute Exh E \[TIF Redevelop Agree (4%)\].pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/12866a39-60a4-46c4-a1cb-7ac414155d88.pdf) (Exhibits)
- [SO2026-0027190 EDS \[ 5853 N Broadway 4 LP\]\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/8fb9ae3e-0431-4320-b0f9-b3d2f7f28274.pdf) (EDS)
- [SO2026-0027190 \[Substitute Project Ordinance (4%)\].pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/d53bd5aa-0755-4f6b-9aa9-b95647455aeb.pdf) (Legislation)
- [SO2026-0027190 Exh C \[Loan Agreement\].pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/493c8b36-5720-4395-9c35-f7277d7b2a38.pdf) (Exhibits)
- [SO2026-0027190 C.L..pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/a1015102-fbde-433e-ac69-4171e32815b1.pdf) (Committee Letter)
- [O2026-0027190 Ordinance.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/15ff03c6-eea5-4bb7-81bf-591e32faf0b1.pdf) (Legislation)
- [O2026-0027190 Ex B - Bond Indenture w subex A-1, A-2 (Sch A, B), B thru E (Sch 1) and F.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/9177c4d8-319b-43f2-85eb-180601c308a3.pdf) (Exhibits)
- [O2026-0027190 EDS\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/31af3e99-ee1f-485b-adf4-0f2812670834.pdf) (EDS)
- [SO2026-0027190 Exh D \[Tax Regulatory Agreement\].pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/497cd668-d7e3-4e32-a302-637f03150c57.pdf) (Exhibits)
- [SO2026-0027190 EDS BRC Broadway 4 GP LLC.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/02060d04-de7d-4637-aed6-73c367e09b58.pdf) (EDS)

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Source: https://www.chicagopolitics.org/matter/BF93E71D-6E80-F111-AB0E-001DD80F46AC · Chicago Politics, an independent, nonpartisan tracker of the Chicago City Council. Guide for agents: https://www.chicagopolitics.org/llms.txt