Home » World » Chicago extends an ordinance that aims to reduce urban displacement | Videos | Univision Chicago WGBO

Chicago extends an ordinance that aims to reduce urban displacement | Videos | Univision Chicago WGBO

The Chicago Finance Committee approved this week to extend for two more years an ordinance that began as a pilot program and that imposes a $15,000 fine on construction companies for demolishing houses, condos and two-unit buildings in neighborhoods such as Pilsen, Logan Square and the 606 trail. The measure seeks to reduce urban displacement, also known as gentrification.

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