It's Official: The "Bring Chicago Home" Referendum Has Failed Crain's Chicago Business | March 23, 2024 The "Bring Chicago Home" referendum to raise some real estate tax for homelessness prevention programs has failed. The Associated Press called it, with just under 53% of voters rejecting the proposal and just under 47% in favor
"Bring Chicago Home" Real Estate Transfer Tax Referendum Rejected by Voters NBC5 Chicago | March 22, 2024 "Bring Chicago Home," the controversial real estate transfer tax referendum supported by Mayor Brandon Johnson, officially failed Friday night, according to the Associated Press. The AP called the race at 6 p.m., explaining the proposal was rejected by a
Bring Chicago Home Referendum Voted Down By A.D. Quig, Alice Yin, Jake Sheridan, Chicago Tribune | March 22, 2024 The Bring Chicago Home referendum backed by Mayor Brandon Johnson has been defeated, according to The Associated Press, which called the race after a fresh tally of mailed-in ballots left those in favor of
Editorial: Chicagoans should vote down 'Bring Chicago Home' By Editorial Board, Crain's Chicago Business | March 15, 2024 We've said it before and, unfortunately, it must be said again as the March 19 primary voting deadline looms: Mayor Brandon Johnson's "Bring Chicago Home" plan, well intentioned though it may be, is the last thing
Civic Federation Highlights “Serious Concerns” with Mayor’s Proposed Real Estate Transfer Tax By Leigh Giangreco, Crain's Chicago Business | March 13, 2024 The Civic Federation has “serious concerns” about the “Bring Chicago Home” ballot measure, which seeks to raise money for city programs combatting homelessness through a higher real estate transfer tax. In
Civic Federation Questions Volatility, Structure, Fairness of “Real Estate Transfer Tax” Ballot ReferendumBy Fran Spielman, Chicago Sun-Times | March 13, 2024 The Civic Federation is raising questions about the volatility, structure and fairness of Mayor Brandon Johnson’s plan to raise the transfer tax on high-end real estate transactions to generate $100 million annual revenue to
Real Estate Transfer Tax Impact By Mary Ann Ahern, NBC5 Chicago | March 14, 2024 There’s a question on all Chicago ballots to increase the city’s real estate transfer tax on all properties over $1 million, with the funding to be spent on efforts to address homelessness. Supporters call it “Bring Chicago Home,” while some
Taxation Without Participation? Low Voter Turnout Lets Small Minority of Voters Decide Ballot Questions Hitting All Voters’ Wallets By David Struett, Chicago Sun-Times | March 12, 2024 Voter turnout is typically low in primary elections. It's even worse for end-of-ballot referendums. Since many voters skip those questions, a slim minority often decides the
Los Angeles Offers Lessons on Dangers of Real Estate Transfer Tax By Sarah Holder, Bloomberg printed in Crain's Chicago Business | January 13, 2024 The new villain on the seventh season of the hit reality real estate show Selling Sunset wasn’t a sassy new luxury broker not there to make friends. It was
Opinion: Voters Should Be Wary of Mayor Johson’s Real Estate Transfer Tax Hike Opinion, Chicago Tribune | March 11, 2024 Chicagoans are one week out from the March 19 primary election, and Mayor Brandon Johnson’s controversial citywide referendum is back on the ballot — for now. Initially, Johnson got a real estate transfer
