A measure to dedicate tax increment financing funds to affordable housing was again delayed yesterday in the Chicago City Council. A vote on the measure, known as the Sweet Home Chicago ordinance, was pushed back by Ald. Edward Burke (14th Ward) because he claimed the bill's sponsor, Ald. Walter Burnett (27th Ward) did not give the council 48 hours of advanced notice as required by the state's Open Meetings Act. Burnett argued that city law dictates that just 24 hours-notice is required.
The bill, which in its original form would have mandated that the city spend 20 percent of its annual TIF haul on affordable housing developments, passed the House and Finance Committee in November, but was stalled last month.