As Chicago offers vacant lots for a dollar, critics angry about city’s $47 million investment in single housing complex—raising concerns over how taxpayer money is spent
CHICAGO – In an effort to revitalize neighborhoods and address housing shortages, Chicago is offering vacant lots for a little as $1. This initiative is intended to encourage development and return these properties to the tax rolls. However, the city’s simultaneous investment of over $800,000 per unit in certain affordable housing projects has sparked debate over fiscal priorities and strategies.…