“There isn’t a place to gather. We can’t walk down the street to run into old friends,” relates Rayceen Pendarvis of Washington, DC. The safe, social networks of communities are being fractured due to rising rents. Individuals on fixed-income and older-adults are at great risk of homelessness; and our working populations are traveling longer distances to their place of employment. The housing shortage has resulted in a homelessness crisis in the Bay Area, where there are over 5,600 sheltered and un-sheltered individuals living on the streets of Oakland.
SMALL HOMES, BIG IMPACT (GEN H)
Building homes that more of our neighbors can afford is essential to all who live and work in our communities.
The financial assistance program will consist of a three year construction loan made by Housing Trust. The loan will be a second mortgage for a 36-month term at a competitive interest rate, and is available in June 2020.
SMALL HOMES, BIG IMPACT (GEN H)
If adopted, the new ADU ordinance — O2020-2650 — would take effect on August 1, 2020. That happens to be the same time when the 2019 Chicago Building Code — based on IBC 2018 — becomes mandatory for all renovation and new construction projects.
READ: How ADUs could transform Chicago into a more affordable, accessible place to live