NBC Chicago, February 19, 2016: Emanuel Calls for Developers to Contribute to Low-Income Neighborhoods
“Mayor Rahm Emanuel on Thursday announced plans for a program that would use money from downtown developers to pay for projects in low-income Chicago neighborhoods. The proposal would charge developers extra money for adding additional square footage to downtown buildings. The Zoning Bonus Ordinance that is currently in place allows for additional square footage in downtown developments in exchange for provisions that provide little public benefit.”