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Committee on Finance · Sep 22, 2026

Tuesdayat least 3 h 19 min16 officials identified12 public speakers20 agenda itemsVideo: Vimeo

Item 1 was held in committee, to be heard at a reconvened Committee on Finance meeting on Thursday, September 24th.

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19 of 20 meetings transcribed, Oct 24, 2025 to Oct 23, 2026.This meeting: Sep 22, 2026

Click any time stamp on this page to jump the video there.

Agenda · 20 itemsShowHide
  1. 30:07An ordinance authorizing the approval of the ownership transfer pursuant to the Chicago Metered Parking System Concession Agreement.6 clips
  2. 30:30A substitute ordinance authorizing the issuance of Multi-Family program funds to 5853 N Broadway 4 LP for the mixed-use development 4% project at 5853 N. Broadway Avenue.6 clips
  3. 30:30A substitute ordinance authorizing the issuance of Multi-Family program funds to 5853 N Broadway 9 LP for the mixed-use development 9% project at 5853 N. Broadway Avenue.6 clips
  4. 53:18An ordinance authorizing the issuance of Multi-Family program funds to TCB Humboldt 4 LLC for the mixed-use development 4% project at 1417 N. Talman Avenue/2620 W. Hirsch Street.6 clips
  5. 53:18An ordinance authorizing the issuance of Multi-Family program funds to TCB Humboldt 9 LLC for the mixed-use development 9% project at 1417 N. Talman Avenue/2620 W. Hirsch Street.6 clips
  6. 1:38:16A substitute ordinance amending the Original Ordinance by replacing Chicago Neighborhood with Leslie J. Raffel Foundation as the developer and amending the Original Redevelopment Agreement to include revisions to the Pro2 clips
  7. 1:53:43An ordinance approving Amendment No. 6 to the Redevelopment Project and Plan for the Central West Tax Increment Financing Redevelopment Project Area.2 clips
  8. 1:53:43An ordinance designating the Expanded Central West Tax Increment Financing Redevelopment Project Area as a Redevelopment Project Area pursuant to the Tax Increment Allocation Redevelopment Act.2 clips
  9. 1:53:43An ordinance adopting Tax Increment Allocation Financing for the Expanded Central West Tax Increment Financing Redevelopment Project Area.2 clips
  10. 2:07:47An ordinance approving Amendment No. 1 to the Avalon Park/South Shore Redevelopment Project Area Tax Increment Financing District Eligibility Study, Redevelopment Plan and Project.2 clips
  11. 2:07:47An ordinance approving Amendment No. 3 to the Chicago/Central Park Redevelopment Project Area Redevelopment Project and Plan.2 clips
  12. 2:07:47An ordinance approving Amendment No. 1 to the Commercial Avenue Tax Increment Financing Redevelopment Area Project and Plan.2 clips
  13. 2:07:47An ordinance approving Amendment No. 1 to the Roseland/Michigan Avenue Tax Increment Financing Redevelopment Area Project and Plan.2 clips
  14. 2:16:38An ordinance approving Amendment No. 3 to the Bryn Mawr/Broadway Redevelopment Project Area Tax Increment Financing Program Redevelopment Plan and Project.2 clips
  15. 2:19:38An ordinance approving Amendment No. 4 to the Pilsen Tax Increment Financing Redevelopment Project and Plan.2 clips
  16. 1:42:25An ordinance amending the Land Sale Ordinance and approving the Redevelopment Agreement with Deeply Rooted Productions, Inc. to provide Housing and Economic Development Bond (HED) funds for development of Deeply Rooted D2 clips
  17. 46:08A substitute ordinance authorizing the execution of an Intergovernmental Agreement with the Chicago Housing Authority to provide tax increment financing funds (TIF) for the ABLA Brooks Homes infrastructure and flood miti6 clips
  18. 2:39:40A substitute ordinance authorizing the execution of a Redevelopment Agreement with Foundry Park Properties KP7 LLC to provide tax increment financing (TIF) assistance for the Foundry Park mixed-use development project at1 clip
  19. 3:07:46A substitute ordinance authorizing the execution of a Redevelopment Agreement with 111 W. Monroe Hotel Landlord, LLC for a repayable term loan to support the Monroe Hotel office to hotel conversion located at 111 W. Monr1 clip
  20. 3:21:24One (1) proposed order authorizing Charitable Solicitation on the Public Way (Tag Day) permit

What happened

Each sentence checked against the transcript.

  1. Item 1 was held in committee, to be heard at a reconvened Committee on Finance meeting on Thursday, September 24th.30:06

Quotes

Officials only, in order.

I’m, I’m glad you hit on that. Knowing that we’re looking at 61 units that are going to be HUD, correct?Anthony Beale · Ward 91:17:46
…that all 103 units are low income, is it going to be able to support, to support that debt load?William Conway · Vice chair · Ward 341:21:49
Would you speak to that? It just seems to me that the reserve number is low for this kind of building, given the, uh, the fact that it’s an old school and you’ve got common areas.Pat Dowell · Chair · Ward 31:24:47
…we keep like records of how, how much, um, loan money have been paid back from projects?David Moore · Ward 171:34:57
As noted, this TIF is going to be beneficial to the surrounding area, which most people don’t realize is primarily CHA public housing or public land.Walter Redmond Burnett · Ward 272:04:13
It’s not just regular order of business for us. It opens up, as Alderwoman Lee said, TIF funds that have been long awaited specifically to fix the Western Bridge in the 12th Ward.Julia M. Ramirez · Ward 122:27:00
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This TIF has been collecting increment consistently in this time, but we hit the ceiling over a year ago, and so nothing has been able to be spent because we have to give ourselves the authority to do that.Nicole T. Lee · Ward 112:38:13
Noticeably absent from the WMBE was the veterans. Is there a reason why that they are not part of this?Raymond Lopez · Ward 153:18:57

Who spoke

16 officials identified · talk time, most first.

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Public comment: 12 speakers.

How we count

Each summary sentence is checked against the transcript before it is published; in a blind check, 144 of 150 sentences were right. A voice gets an official’s name only when two AI readers and a code check agree, so the minutes undercount and are not attendance. Officials only: members of the public are counted, never named, shown or quoted, and full transcripts aren’t published because they can carry their names. More on how we know

Cite this page

Hamlet, “Committee on Finance, Sep 22, 2026: Chicago.” https://cities.myhamlet.com/chicago/finance/meetings/2026-09-22. Data as of Oct 9, 2026 (version d14b03c); meeting of Sep 22, 2026.