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Winter 2024 Chicago REALTOR® Magazine

The official publication of the Chicago Association of REALTORS®.

The official publication of the Chicago Association of REALTORS®.

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BEVERLY<br />

Austin<br />

East Garfield Park<br />

North Center<br />

ASHBURN<br />

Irving Park<br />

Greater Grand Crossing<br />

A LOOK AT THE<br />

YEAR AHEAD<br />

Kenwood<br />

with Public Policy<br />

Coordinating<br />

Committee Chair<br />

HERMOSA<br />

West Pullman<br />

CHATHAM<br />

NEW CITY<br />

FULLER PARK<br />

WOODLAWN<br />

ALBANY<br />

PARK<br />

West Town<br />

HYDE PARK<br />

Jefferson Park<br />

Berwyn<br />

Mount Greenwood<br />

Burnside<br />

Lincoln Park<br />

MORGAN PARK<br />

Lincoln Square<br />

Staci Slattery<br />

LOGAN<br />

SQUARE<br />

Norwood Park<br />

Bridgeport<br />

WEST<br />

GARFIELD<br />

PARK<br />

Oakland<br />

Englewood<br />

CHATHAM<br />

BEVERLY<br />

East Garfield Park<br />

North Center<br />

HERMOSA<br />

In November, we caught up with the Public Policy<br />

Coordinating Committee Chair Staci Slattery, North<br />

Clybourn Group, Inc., to discuss what we can expect in<br />

the year ahead in government affairs. She shares several<br />

simple ways you can get involved and more.<br />

QUESTION: What are some of the biggest legislative issues<br />

that the association will be focusing on in <strong>2024</strong>?<br />

SLATTERY: The Bring <strong>Chicago</strong> Home Transfer Tax<br />

Resolution, which just passed City Council and will now<br />

be a ballot question in the March <strong>2024</strong> primary election,<br />

has been and will continue to be a focus for the rest of<br />

the year. We are working hard to educate our members<br />

and voters about the impacts of the transfer tax increase on<br />

buyers, sellers, the struggling commercial sector and renters.<br />

This is a move that has rippling implications across many lines for<br />

<strong>Chicago</strong>ans. We are also keeping an eye on other areas of concern<br />

related to housing supply and affordability, efficiencies with zoning/<br />

approvals, Connected Communities and ADUs.<br />

QUESTION: In your opinion, which of these legislative issues will have<br />

the biggest impact on our industry and why?<br />

SLATTERY: Bring <strong>Chicago</strong> Home is likely to have the most profound<br />

immediate impact. Besides the financial implications for the<br />

commercial market, I also worry that, if it passes, we will be taking<br />

monies that are currently collected through transfer tax and isolating<br />

those funds solely for efforts related to addressing the homeless<br />

issue. This can create shortfalls in other areas that will require<br />

the government to take replacement funds from somewhere<br />

else within the budget.<br />

34 <strong>Chicago</strong> REALTOR ® <strong>Magazine</strong><br />

West Pullman<br />

Calumet Heights<br />

Lincoln Park<br />

LAKE VIEW<br />

MORGAN PARK<br />

Clearing<br />

SOUTH SHORE<br />

Washington<br />

Heights<br />

HUMBOLDT<br />

PARK<br />

NORTH LAWNDALE<br />

ASHBURN<br />

LOGAN<br />

SQUARE<br />

South <strong>Chicago</strong><br />

Austin<br />

McKINLEY PARK<br />

Near North Side<br />

AUBURN GRESHAM<br />

Douglas<br />

WEST<br />

EDGEWATER<br />

GARFIELD<br />

Roseland<br />

PARK<br />

Riverdale<br />

Pullman<br />

Lower West Side<br />

Irving Park<br />

Greater Grand Crossing<br />

Kenwood<br />

CHATHAM<br />

NEW CITY<br />

SOUTH LAWNDALE<br />

Avondale<br />

WN<br />

FULLER PARK<br />

GRAND<br />

BOULEVARD<br />

WOODLAWN<br />

Near South Side<br />

Near West Side<br />

Montclare<br />

Washington Park<br />

PORTAGE PARK<br />

Belmont Cragin<br />

West Elsdon<br />

ROGERS<br />

PARK<br />

WEST ENGLEWOOD<br />

Avalon Park<br />

T RIDGE<br />

ALBA<br />

PARK<br />

West Town<br />

HYDE PARK<br />

Jefferson Park<br />

Berwyn<br />

Mount Greenwood<br />

Burnside<br />

Lincoln Square<br />

Norwood Park<br />

Bridgeport<br />

WEST<br />

GARFIELD<br />

PARK<br />

Oakland<br />

Englewood<br />

CHATHAM<br />

Calumet Heights<br />

Clearing<br />

SOUTH SHORE<br />

Washington<br />

Heights<br />

HUMBOLDT<br />

PARK<br />

NORTH LAWNDALE<br />

South <strong>Chicago</strong><br />

North Park<br />

McKINLEY PARK<br />

Near North Si<br />

Dougl<br />

EDGEWATER<br />

Riverdale<br />

Pullman<br />

Lower West Side<br />

BEVERLY<br />

UPTOWN<br />

GRAND<br />

BOULEVARD<br />

East Garfield Park<br />

North Center<br />

HERMOSA<br />

West Pullman<br />

Near West Side<br />

SOUTH LAWNDALE<br />

PORTAGE PARK<br />

B<br />

LAKE VIE<br />

Kenwood<br />

Montclare<br />

ASHBURN<br />

Avondale<br />

LOGAN<br />

SQUARE<br />

Irvin<br />

Near South Side<br />

Greater Grand Crossin<br />

Austin<br />

CHAT<br />

West<br />

ROGE<br />

PAR<br />

Washington Park<br />

WEST ENGLEWOO<br />

Roseland<br />

NEW CITY<br />

HJeff<br />

Moun<br />

Burnside<br />

Lincoln P<br />

MORG<br />

Lincoln Square<br />

Norwood Park<br />

Bridgeport<br />

Avalo<br />

Calumet H<br />

South C<br />

WEST RI<br />

Oakland<br />

Englewood<br />

Wash<br />

HU<br />

PAR<br />

C<br />

SO<br />

NORTH LA<br />

R

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