Issuance of multi-family program funds and other financial assistance to support acquisition and development of Abrams Intergenerational Village project at 5300-5318 S Calumet Ave

Record number: O2026-0025467
Type: Ordinance; category: Bonds & Bond Issues
Status: Final
Sponsor: Johnson, Brandon
Committee: Committee on Finance
Introduction Date: May 20, 2026
Final Action Date: Jun 17, 2026
Official record: Office of the City Clerk

Roll call: Passed Jun 17, 2026

49 yea, 0 nay, 1 absent. On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed. Voted at the City Council meeting of Jun 17, 2026.

Yea (49): 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), 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)

Absent (1): Gilbert Villegas (36)

Plain-language summary

Written by AI (claude-opus-5-5) from the ordinance text only: O2026-0025467 C.L..pdf. AI can make mistakes; the official document always wins.

This ordinance would let the City of Chicago provide Multi-Family Program Funds and other financial help to buy and develop the Abrams Intergenerational Village project at 5300-5318 S. Calumet Ave. The City Council's Finance Committee reviewed it and recommended that the full City Council pass it.

Authorizes City Multi-Family Program Funds and other financial assistance for the Abrams Intergenerational Village project.
The money would support both buying (acquisition) and developing the project.
The Committee on Finance recommended passage by voice vote with no one voting against it on June 15, 2026.
The committee report is dated June 17, 2026, and was signed by Chairman Pat Dowell.
The scanned document text is partly unreadable, so some details, such as the purpose of the second funding amount, are not clear.

Money

Up to $3,250,000 in Multi-Family Program Funds
Up to $13,000,000 in additional assistance (the type is unclear in the scanned text)

Who: The document does not name the developer; it affects the Abrams Intergenerational Village project and the City funds committed to it.

Where: 5300-5318 S. Calumet Ave., 3rd Ward

Timeline

May 20, 2026: Recommended to Pass, Committee on Finance. The matter was recommended to Pass by controlling legislative body.
May 20, 2026: Referred, City Council. The matter was Referred to Committee.
Jun 17, 2026: Passed, City Council (49 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.