Vacant Property Ordinance Passes Unanimously

Foreclosure is a nationwide epidemic that crosses color lines, socio-economic status and affects all communities.  Often, when it comes to the foreclosure discourse, it is a common misconception that homeowners are solely affected; however, according to a report by the National Low Income Housing Coalition, renters make up close to half of foreclosure cases on a national level.  This crisis is one that destroys communities and doesn’t discriminate between renters and homeowners.

The Metropolitan Tenants Organization (MTO) is at the forefront of addressing this housing crisis. Currently, MTO works in the East Garfield Park area with a focus on tenants who live in buildings that are going through the foreclosure process.  Our primary goal is to inform tenants of their rights and responsibilities concerning the foreclosure process.  In addition, MTO is part of a citywide Foreclosure Convening Committee that strives to shape public policy that will alleviate the negative affects of foreclosure on our communities.

On July 28th, the Chicago City Council unanimously passed an amendment to the Vacant Property Ordinance. For the past year, the Foreclosure Convening Committee has stressed the importance of holding banks accountable for maintaining properties in the foreclosure process.  This amendment, supported by Mayor Rahm Emanuel, holds banks responsible to preserve and maintain these vacant properties. This is a huge victory and something communities throughout Chicago should celebrate. As the Mayor mentioned after the vote, “Now the real work begins, and conversations with the banks must start.” This statement is encouraging because it hints at the most important next step – enforcement.

Enforcing the Vacant Property Ordinance is vital to the sustainability of our neighborhoods throughout Chicago.  According to a study by the Homeownership Preservation Foundation, each vacant property costs taxpayers between $19,000 and $34,000 in security and maintenance expenses. Taxpayers can no longer foot the bill, and our city can no longer shoulder the socio-economic burden of vacant properties. On July 20th MTO tenant leader, Ms. Patricia Hightower, gave impassioned testimony at a City Council Committee hearing on the Vacant Property Ordinance. Her testimony provided a clear perspective of how vacant properties affect her neighborhood.

Click here to read her testimony.

Click here to read the Vacant Property Ordinance.

Ms. Hightower testifies in support of the Vacant Property Ordinance: TEXT

Good morning, my name is Ms. Patricia Hightower.  I am a resident of Chicago, Illinois, and I live in a senior building on the southeast side of Chicago.  I am also a member of the Metropolitan Tenants Organization.

I am very concerned about the number of vacant properties that are in our neighborhoods.  These properties are not only eyesores but are emotionally disturbing to citizens who are already overwhelmed with the high cost of living, crime, utility and medical bills.

In addition to being an eyesore, these properties are a breeding ground for drugs, gangs, illegal activities and prostitution.  Hard working law-abiding citizens should not have to walk by vacant properties occupied by gangs.  These are the same gangs that use vacant properties to stash their drugs and run illegal activity.

Oftentimes, the vacant properties I see in my community are not maintained.  The grass is not cut, garbage is everywhere, mice and rats roam freely and drug paraphernalia is visible.  The Vacant Property Ordinance Bill is significant because it gives concerned citizens the ability to hold banks accountable when they can’t find the owner of properties that are not maintained properly.

As a concerned citizen, I value my community and feel strongly that vacant properties devalue the economics and social fabric of my community.

I strongly urge the committee to pass the Vacant Property Ordinance and demonstrate to the citizens of Chicago that they value all communities.

I would like to thank the committee’s for allowing me to express my concerns and views on vacant properties and their affect on my community.

I am encouraged that we are headed in the right direction to change this epidemic that plagues too many communities.

Again, thank you.

[Link here to previous related article.]

Action Alert: Protest Downtown at Chase Bank this Thursday

This weekend, the residents of 7263 S Coles face homelessness. JP Morgan Chase has failed in its responsibility for maintaining this 30-unit property since 2008. For two years, Chase has allowed the building to deteriorate to such a degree that the city of Chicago, due to safety concerns, stepped in and ordered residents to vacate the property this coming Saturday, July 17th. These families will be put out on the street and to date, Chase has refused to assist these families with relocation despite their neglect of the general building maintenance being the very cause of this building being condemned by Chicago building inspectors.

Join MTO, tenants, and concerned community members this Thursday, July 15th at 11:30am at Chase Tower, 10 S. Dearborn in Downtown Chicago.

Rental properties across the city are deteriorating because the banks responsible have done nothing. For residents, the choice is especially stark – live in substandard conditions or leave the homes they once cherished. This crisis has been developing for years and is getting out of control. Banks have done little or nothing to save our homes and have allowed our communities to weaken.

WE WANT:

  • Banks to be responsible for maintaining buildings in foreclosure
  • Relocation assistance for the families being displaced by banks that ignore their obligations
  • A foreclosure stabilization plan that would promote building maintenance and preservation, thus preventing displacement and abandoned buildings.