Issuance of Multi-Family Program Funds and other financial assistance to 3959 Lincoln 9 LLC for mixed-use development 9% Project at 3959 N Lincoln Ave
- Record number: O2026-0024885
- Type: Ordinance; category: Agreements
- Status: Final
- Sponsor: Johnson, Brandon
- Committee: Committee on Finance
- Introduction Date: Apr 15, 2026
- Final Action Date: May 20, 2026
- Official record: Office of the City Clerk
Roll call: Passed May 20, 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 May 20, 2026.
Yea (50): 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), Jeylú B. Gutiérrez (14), 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), Byron Sigcho-López (25), 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), Rossana Rodríguez Sánchez (33), William Conway (34), Anthony J. Quezada (35), Gilbert Villegas (36), Emma Mitts (37), 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)
Plain-language summary
Written by AI (claude-opus-5-5) from the ordinance text only: O2026-0024885 C.L..pdf. AI can make mistakes; the official document always wins.
The City Council's Finance Committee recommended passing an ordinance that gives Multi-Family Program funds to the company 3959 Lincoln 9 Manager, LLC. The money is for a mixed-use development project at 3959 N. Lincoln Avenue in the 47th Ward. The amount cannot be more than $357,186.
- The ordinance authorizes Multi-Family Program funds for a mixed-use development project.
- The recipient named in the committee report is 3959 Lincoln 9 Manager, LLC (the title lists 3959 Lincoln 9 LLC).
- The title describes it as a 9% project and also mentions 'other financial assistance.'
- The Committee on Finance, chaired by Pat Dowell, recommended the full City Council pass the ordinance.
- The committee approved it by voice vote with no dissenting votes on May 18, 2026.
Money
- Up to $357,186 in Multi-Family Program funds for the mixed-use development at 3959 N. Lincoln Avenue
Who: The developer 3959 Lincoln 9 Manager, LLC would receive the funds for the project at 3959 N. Lincoln Avenue.
Where: 3959 N. Lincoln Avenue, 47th Ward
Timeline
- Apr 15, 2026: Referred, City Council. The matter was Referred to Committee.
- May 18, 2026: Recommended to Pass, Committee on Finance. The matter was recommended to Pass by controlling legislative body.
- May 20, 2026: Passed, City Council (50 yea, 0 nay), at the City Council meeting. On motion of Alderperson Dowell and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed.
Documents
- O2026-0024885 C.L..pdf (Committee Letter)
- O2026-0024885 Ordinance.pdf (Legislation)
- O2026-0024885 Exhibit A.pdf (Exhibits)
- O2026-0024885 EDS_Redacted.pdf (EDS)
- O2026-0024885 Mayoral Letter.pdf (Miscellaneous)
Related legislation
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)
More on Agreements
- Issuance of Multi-Family Program Funds to 3301 W Palmer LLC for acquisition and preservation of Palmer Place Apartments at 3301 W Palmer St (O2026-0029417, introduced Oct 14, 2026, Referred)
- Issuance of Multi-Family Program Funds and other financial assistance to MPC Phase I 9% LLC for development of Morgan Park Commons Phase I… (O2026-0029413, introduced Oct 14, 2026, Referred)
- Issuance of Multi-Family Program Funds and other financial assistance to MPC Phase I 4% LLC for development of Morgan Park Commons Phase I… (O2026-0029412, introduced Oct 14, 2026, Referred)
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