News & Analysis as of

Local Ordinance Tenants City of Chicago

Hahn Loeser & Parks LLP

Chicago’s Tenant Opportunity to Purchase Ordinance Takes Effect on Northwest Side

The city of Chicago’s recently established Tenant Opportunity to Purchase (“TOP”) program for rental buildings on the city’s northwest side is now being enforced as of March 1, 2025, by the Department of Housing. The program...more

Clark Hill PLC

Chicago’s So-Called “Anti-Gentrification” Ordinance Has Potential Impacts on Apartment Owners and Lenders on Chicago’s Northwest...

Clark Hill PLC on

Chicago enacted the “Northwest Side Housing Preservation Ordinance,” an ordinance that many are referring to as the “anti-gentrification” ordinance. Despite the grandiose moniker, the ordinance breaks down to two specific...more

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