Committee on Housing and Real Estate - 2026-07-08
Approves Sale and transfer of Heritage Woods/Renaissance Center senior living facility, unanimous
What happened
The Chicago Committee on Housing and Real Estate advanced numerous land-sale and disposition items to full council. The most consequential were the approval of a unit-of-local-government sale of Hearts United Phase 2 (aka The Quincy, 107 units) at 2800-2822 W Fulton area to Ventu…
- Jurisdiction
- Chicago, IL
- Governing body
- Final authority
- Date
- July 8, 2026
- Decisions
- 20 zoning decisions
- Outcome
- Approved, unanimous
Meeting Summary
The Chicago Committee on Housing and Real Estate advanced numerous land-sale and disposition items to full council. The most consequential were the approval of a unit-of-local-government sale of Hearts United Phase 2 (aka The Quincy, 107 units) at 2800-2822 W Fulton area to Ventu…
Key Decisions (20)
Subject matter hearing on Flexible Housing Pool funding
Substitute Ordinance reforming affordable housing review process
Unit of local government sale of Hearts United Phase 2 (The Quincy)
Sale and transfer of Heritage Woods/Renaissance Center senior living facility
Sale of various side yard parcels under ChiBlockBuilder
Development Activity (16)
Hearts United Phase 2 (The Quincy)
Residential
Renaissance Center (Heritage Woods Senior Living Facility)
Residential
Morgan Park Commons (Phase Zero / Phase One)
Residential
4-unit multifamily at 419 E 50th Street
Residential
Two 3-unit buildings at 4242-4246 S St. Lawrence
Residential
Market Signals (5)
Housing Demand
Chicago faces an acute affordable housing shortage with home prices…
Sentiment
Affordable housing developers and the Chicagoland Chamber report that administrative…
Infrastructure
The Flexible Housing Pool program produces over $11 million annually…
Who Spoke (20)
On the record: the chair, 4 councilmembers, 5 staff members, the applicant's representative, 2 witnesses, and 3 members of the public.
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