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After Court Battle, Chicago Votes Will Count on Controversial Real Estate Referendum

The extra money would go toward ‘addressing homelessness, including providing permanent affordable housing and the services necessary.’
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After Court Battle, Chicago Votes Will Count on Controversial Real Estate Referendum
Union organizer and Cook County Commissioner Brandon Johnson speaks after being projected winner as mayor in Chicago on April 4, 2023. Alex Wroblewski/Getty Images
Nathan Worcester
By Nathan Worcester
3/18/2024Updated: 3/18/2024
0:00

At the bottom of their March 19 primary ballots, Chicago primary voters will see a referendum for which their votes will count—but nearly didn’t.

Ballot Question 1, also known as “Bring Chicago Home,” would cut the tax rate for real estate transactions of less than $1 million by 20 percent, to $3 from $3.75 per $500. But it would raise the transfer tax for the value of transactions greater than $1 million in a graduated way.

Nathan Worcester
Nathan Worcester
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Nathan Worcester is an award-winning journalist for The Epoch Times based in Washington, D.C. He frequently covers Capitol Hill, elections, and the ideas that shape our times. He has also written about energy and the environment. Nathan can be reached at [email protected]
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