Issuance of multi-family program funds and other financial assistance to 5853 N Broadway 9 LP for affordable housing project at 5853 N Broadway (9 percent owner)
- Record number: SO2026-0027224
- Type: Ordinance; category: Agreements
- Status: Final
- Sponsor: Johnson, Brandon
- Committee: Committee on Finance
- Introduction Date: Jul 15, 2026
- Final Action Date: Sep 23, 2026
- Official record: Office of the City Clerk
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.
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 (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 22, 2026: Substituted, Committee on Finance. The matter was Substituted in Committee.
- 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. On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed.
Documents
- O2026-0027224 Mayoral Letter.pdf (Miscellaneous)
- O2026-0027224 Ex B - Project Site.pdf (Exhibits)
- O2026-0027224 EDS_Redacted.pdf (EDS)
- O2026-0027224 Ex A - Financing Terms.pdf (Exhibits)
- EDS - SO2026-0027224 5853 N Broadway 9 LP_Redacted.pdf (EDS)
- SO2026-0027224 Substitute Exhibit B.pdf (Exhibits)
- SO2026-0027224 Substitute Ordinance.pdf (Legislation)
- SO2026-0027224 SIGNED.pdf (Legislation)
- SO2026-0027224 EDS BRC Affiliate, Inc._Redacted.pdf (EDS)
- SO2026-0027224 C.L..pdf (Committee Letter)
- SO2026-0027224 EDS BRC Broadway 9 GP LLC_Redacted.pdf (EDS)
- SO2026-0027224 EDS -Bickerdike Redevelopment Corp 9%_Redacted.pdf (EDS)
- SO2026-0027224 Substitute Exhibit A.pdf (Exhibits)
- O2026-0027224 Ordinance.pdf (Legislation)
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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