Issuance of multi-family housing revenue bonds and other financial assistance to MHL 2 Prairie Districts Apartments-Wabash LP for acquisition and rehabilitation into affordable housing of building located at 1801 S Wabash Ave
- Record number: SO2024-0010983
- Type: Ordinance; category: Bonds & Bond Issues
- Status: Final
- Sponsor: Johnson, Brandon
- Committee: Committee on Finance
- Introduction Date: Jul 17, 2024
- Final Action Date: Sep 18, 2024
- Official record: Office of the City Clerk
Roll call: Passed Sep 18, 2024
48 yea, 0 nay, 2 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 Sep 18, 2024.
Yea (48): 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), Ronnie L. Mosley (21), Michael D. Rodriguez (22), Silvana Tabares (23), Monique L. Scott (24), Byron Sigcho-López (25), Jessica L. Fuentes (26), Jason C. Ervin (28), Chris Taliaferro (29), Ruth Cruz (30), Felix Cardona Jr. (31), Scott Waguespack (32), Rossana Rodríguez Sánchez (33), William Conway (34), 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), Carlos Ramirez-Rosa (former member)
Absent (2): Jeanette B. Taylor (20), Walter R. Burnett (27)
Timeline
- Jul 17, 2024: Referred, City Council. The matter was Referred to Committee.
- Sep 16, 2024: Substituted, Committee on Finance. The matter was substituted in committee.
- Sep 16, 2024: Recommended to Pass, Committee on Finance. 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 Dowell, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed.
Documents
- O2024-0010983 Mayoral Letter.pdf (Miscellaneous)
- SO2024-0010983 Committee Letter.pdf (Committee Letter)
- SO2024-0010983 Exhibit A - Financial Assistance.pdf (Exhibits)
- O2024-0010983 Original Exhibit B - Bond Indenture.pdf (Miscellaneous)
- O2024-0010983 Original Exhibit C - Loan Agreement.pdf (Miscellaneous)
- O2024-0019083 Original Exhibit E - Project Site.pdf (Miscellaneous)
- SO2024-0010983 Exhibit C - Loan Agreement.pdf (Exhibits)
- SO2024-0010983 Exhibit B - Bond Indenture.pdf (Exhibits)
- SO2024-0010983 Exhibit D - Land Use Restriction Agreement.pdf (Exhibits)
- SO2024-0010983.pdf (Legislation)
- SO2024-0010983 Exhibit E - Project Site.pdf (Exhibits)
- SO2024-0010983 EDS.pdf (EDS)
- O2024-0010983 Original Ordinance.pdf (Miscellaneous)
- O2024-0010983 Original Exhibit D - Land Use Restriction Agreement.pdf (Miscellaneous)
- O2024-0019083 Original Exhibit A - Financial Assistance.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 Bonds & Bond Issues
- City of Chicago Fifth Supplemental Indenture and issuance of Second Lien Wastewater Transmission Revenue Bonds, Project and Refunding… (O2026-0029409, introduced Oct 14, 2026, Referred)
- Authorization to utilize proceeds from 2024 Bond Funds for working families to purchase new construction affordable homes produced by… (O2026-0029209, introduced Oct 14, 2026, Referred)
- Issuance of Chicago O'Hare International Airport Senior Lien Revenue Bonds (O2026-0026370, introduced Jun 17, 2026, Passed)
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