1. CHA is opening up their waiting list on Monday, October 27th
The CHA fills empty apartments and awards rent vouchers by lottery from a waiting list. These apartments are owned by the CHA; the majority of the rent vouchers (commonly called Section 8 are awarded to renters to pay private landlords. A smaller voucher program provides vouchers to landlords only.
If you are over 18 and meet the income guidelines, consider applying at thechawaitlist.org. Deadline to apply is Nov. 24th. Then make sure the CHA has your most up-to-date information over the next few years.2. The CHA has $432M in the bank for low & modest income Chicagoans
According to CHA’s latest financial report (FY2012), the Chicago Housing Authority is sitting on surplus cash of more than $432 million. To put that in perspective, CHA’s cash stockpile is larger than the whole City of Chicago’s budget deficit for 2014.
I am one of 19 Alderman who have sponsored the Keeping the Promise Ordinance. It is a way for Chicago’s City Government to restore oversight and accountability for city funds that the CHA receives. During a time of severe city budget constraints, passing the Keeping the Promise Ordinance will enable us to drop homelessness in Chicago by 12% over the coming 3-5 years, without draining Chicago’s tight city budget.