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Restructuring of September, 2000 subordinate City HOME Investments Partnership Program mortgage to extend 2032 maturity date and secure new senior loan for Senior Suites Chicago Hegewisch LLC at 13550 S Avenue O

Legislation tracker › Housing and Real Estate

Record number: O2024-0011084
Type: Ordinance; category: Agreements
Status: Final (Passed)
Sponsor: Johnson, Brandon
Committee: Committee on Housing and Real Estate
Submitted Date: Jul 19, 2024
Introduction Date: Jul 17, 2024
Final Action Date: Sep 18, 2024
Official record: Office of the City Clerk

Timeline

Jul 17, 2024: Referred, City Council. The matter was Referred to Committee.
Sep 11, 2024: Recommended to Pass, Committee on Housing and Real Estate. The matter was recommended to Pass by controlling legislative body.
Sep 18, 2024: Passed, City Council (48 yea, 0 nay), at the City Council meeting. On motion of Alderperson Sigcho-Lopez, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed.

Documents

O2024-0011084 Committee Letter.pdf (Committee Letter)
O2024-0011084 EDSs Hegewisch_Redacted.pdf (EDS)
O2024-0011084 Ordinance Senior Restructure Hegewisch.pdf (Legislation)
O2024-0011084 Mayoral Letter.pdf (Miscellaneous)

More from Johnson, Brandon

Executive Order No. 2026-7 (Senior Bill of Rights and Establishing the Mayor's Office on Aging) (F2026-0029547, introduced Dec 8, 2026, Placed on File)
Issuance of general obligation bonds (2027-2028 General Obligation Borrowing Ordinance) (O2026-0029650, introduced Oct 21, 2026, Referred)
Fiscal Year 2027 Budget Recommendations (O2026-0029642, introduced Oct 21, 2026, Referred)

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