CHICAGO (AP) — Chicago will require new developments near the planned Obama Presidential Center to include affordable housing and other neighborhood protections under an agreement reached between Mayor Lori Lightfoot and activists.
The proposal was introduced in City Council on Wednesday. Lightfoot expects it to be approved in September.
The deal comes after a yearslong battle between the city and activists who’ve feared development around the $500 million presidential center would displace Black residents. The proposal earmarks $4.5 million for housing programs. That includes offering grants for existing residents to repair homes and a program aimed at keeping rents affordable.