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Business Notes May 22 | Brainerd Dispatch
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Chicago affordable housing: Longtime residents fear hot market could drive them out
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Housing advocates push to preserve two-flats in Chicago
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Presented by Illini for Affordable Rx
Good Thursday morning, Illinois. And congratulations to
Lori Lightfoot who celebrates her two-year anniversary as Chicago mayor today with wild headlines.
TOP TALKER
This is where the public discourse is: Tucker Carlson called
Chicago s Disappearing Multi-Unit Buildings
The city is seeing a rapid loss of its signature two-, three-, and four-flat residential buildings, which historically served as affordable housing for working-class families. May 20, 2021, 7am PDT | Diana Ionescu | A report from the Institute for Housing Studies at DePaul University released Thursday shows Chicago has lost more than 4,800 two- to four-unit buildings since 2013, representing 11,775 rental and owner-occupied housing units, writes Hannah Alani in Block Club Chicago. But wealthy and poor neighborhoods are losing this housing stock for starkly different reasons.
Across the city, 47.5 percent of demolished two-, three-, and four-flats were replaced with a single-family home through conversion, or demolition and new construction, with the work being done mostly in North Side neighborhoods. But about one-third of the city’s flats gave way to vacant land, with that happening mostly in South and West side neighborh