On February 2, 2022, Governor JB Pritzker gave his budget address for Fiscal Year 2023. The Governor presented a budget of $45 billion. One of the provisions within the budget that affects our industry is a proposal to offer a…
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On February 2, 2022, Governor JB Pritzker gave his budget address for Fiscal Year 2023. The Governor presented a budget of $45 billion. One of the provisions within the budget that affects our industry is a proposal to offer a…
2022 CHICAGO BUDGET: REAL ESTATE HIGHLIGHTS & CONCERNS Mayor Lori Lightfoot presented her budget to City Council on September 20, 2021. The proposal contains $635 million to maintain and expand affordable housing and $202 million for homelessness initiatives. Other initiatives…
On Wednesday, August 25, we hosted our monthly YPN breakfast “Financial Literacy” at our home base, Manny’s Deli. We were so excited to get back together in person, connect with our peers and devour advice from local industry experts. You…
Winter is coming. This refrain from a popular TV show is both literal and figurative here in Chicago, with municipal budgets, stalled local ordinances and a possible extension of the eviction moratorium looming. A NOTE ON THE CITY BUDGET Chicago…
The Chicago Association of REALTORS® (CAR) opposed the FY’21 budget which included an increase to fees, fines, the gasoline tax and most importantly, a property tax increase. The property tax increase is now pegged to the Consumer Price Index, so…