With Chicago Mayor Lori Lightfoot already facing formidable odds in her quest to convince the Illinois Legislature to approve an increase in the city’s Real Estate Transfer Tax (RETT), 13 state lawmakers said Tuesday that they’re not prepared to vote for the measure unless it includes funds dedicated to alleviating homelessness. In a letter that was submitted to Lightfoot, 13 members of the Illinois House of Representatives wrote, “It is our intention to support your proposed Real Estate Transfer Tax increase only if a significant amount is statutorily dedicated to homelessness, and we believe that at least 60% should go toward that purpose.” |