# Issuance of multi-family program funds and other financial assistance to TCB Humboldt 4 LLC for affordable housing development project at 1417 N Talman Ave/2620 W Hirsch St (4 percent owner) [Votes](https://www.chicagopolitics.org/legislation) › [Finance](https://www.chicagopolitics.org/committee/finance) - Record number: **O2026-0027180** - Type: Ordinance; category: Agreements - Status: Final - Sponsor: Johnson, Brandon - Committee: [Committee on Finance](https://www.chicagopolitics.org/committee/finance) - Introduction Date: Jul 15, 2026 - Final Action Date: Sep 23, 2026 - Official record: [Office of the City Clerk](https://chicityclerkelms.chicago.gov/Matter/?matterId=10791C7E-6A80-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 (50)**: [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), [Jeylú B. Gutiérrez](https://www.chicagopolitics.org/ward/14) (14), [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), [Byron Sigcho-López](https://www.chicagopolitics.org/ward/25) (25), [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), [Rossana Rodríguez Sánchez](https://www.chicagopolitics.org/ward/33) (33), [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) ## Plain-language summary > Written by AI (language model) from the ordinance text only. AI can make mistakes; the official document always wins. ## Timeline - Jul 15, 2026: Referred, City Council. The matter was Referred to Committee. - Sep 22, 2026: Recommended to Pass, Committee on Finance. The matter was recommended to Pass by controlling legislative body. - Sep 23, 2026: Signed by Mayor, City Council. The matter was Signed by the Mayor. - Sep 23, 2026: Passed, City Council (50 yea, 0 nay), at the [City Council meeting](https://www.chicagopolitics.org/meeting/5F86622E-F485-F111-AB0E-001DD80ED7AA). On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed. ## Documents - [O2026-0027180 Ex D - Regulatory Agreement with subex A and B.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/53b9103d-503c-42f8-a1ba-64484880e1f9.pdf) (Exhibits) - [O2026-0027180 Mayoral Letter.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/2cf8ce17-4475-4387-a9c6-46eca4461e74.pdf) (Miscellaneous) - [O2026-0027180 Ordinance.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/af5315de-7a2f-41d1-9322-e3c0b161bb53.pdf) (Legislation) - [O2026-0027180 Ex C - Loan Agreement with subex A thru D.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/210194ec-7c93-4330-a2da-b61b529d06d6.pdf) (Exhibits) - [O2026-0027180 EDS\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/573c8766-0f76-4d42-91f0-a8d1b34a5bd6.pdf) (EDS) - [O2026-0027180 C.L..pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/a7bc520e-a34e-4282-bcdb-ec5c1da013b9.pdf) (Committee Letter) - [O2026-0027180 SIGNED.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/df10cf2c-6a47-4756-b6b7-ccb84662bf5c.pdf) (Legislation) - [O2026-0027180 Ex A - Project and Financing Terms.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/f6871aaa-2b2a-4f56-aa76-e8772026f959.pdf) (Exhibits) - [O2026-0027180 Ex B - Trust Indenture with appendices A thru C.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/6a6c18d6-3e18-4f34-b889-1e6890cf352c.pdf) (Exhibits) ## Related legislation **More from Johnson, Brandon** - [Executive Order No. 2026-7 (Senior Bill of Rights and Establishing the Mayor's Office on Aging)](https://www.chicagopolitics.org/matter/F2026-0029547-executive-order-no-senior-bill-rights) (F2026-0029547, introduced Dec 8, 2026, Placed on File) - [Issuance of general obligation bonds (2027-2028 General Obligation Borrowing Ordinance)](https://www.chicagopolitics.org/matter/O2026-0029650-issuance-general-obligation-bonds-general-obligation) (O2026-0029650, introduced Oct 21, 2026, Referred) - [Fiscal Year 2027 Budget Recommendations](https://www.chicagopolitics.org/matter/O2026-0029642-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](https://www.chicagopolitics.org/matter/O2026-0029417-issuance-multi-family-program-funds-3301) (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…](https://www.chicagopolitics.org/matter/O2026-0029413-issuance-multi-family-program-funds-other) (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…](https://www.chicagopolitics.org/matter/O2026-0029412-issuance-multi-family-program-funds-other) (O2026-0029412, introduced Oct 14, 2026, Referred) Sources and methods: [how we get and count this data](/about#methods) · [report an error](/about#corrections) --- Source: https://www.chicagopolitics.org/matter/O2026-0027180-issuance-multi-family-program-funds-other · Chicago Politics, an independent tracker of the Chicago City Council. 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