Progressive Democrats will propose a homelessness solution to Chicago voters on Tuesday.
The City Council could raise real estate taxes to fund homeless programs with the plan. However, the vote will be about much more.
The ballot initiative has raised questions about downtown's slow rebound, migrants' impact on city services and political coalitions,
and Mayor Brandon Johnson and his progressive allies' tax-raising.
Chicago's homelessness is undisputed.
“Everybody in the city I think probably agrees, we have to do something about our housing crisis, on our homelessness,” said Farzin Parang,
executive director of the Building Owners and Managers Association of Chicago, which is opposing the proposal.
The proposed tax will further hurt the office real estate market's post-pandemic vacancy issue, the association claims.