Chicago's City Council is considering raising the tax rate on real estate for properties worth more than $1 million to fund housing units for homeless people.
"The money generated by the tax would be legally dedicated to programs that alleviate homelessness, including assistance for children, veterans, and women recovering from domestic violence," the campaign website reads.
No votes were taken Thursday, as the meeting was more of a symbolic gesture to bring the initiative back into the spotlight. Former Chicago Mayor Lori Lightfoot sidelined the proposal last year because most of the council members failed to attend the designated discussion meeting for it, NBC Chicago reported.
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