Good news in Chicago: Brandon Johnson inaugurates the first 'Missing Middle' housing development in North Lawndale
Chicago's Mayor Brandon Johnson has inaugurated a new housing initiative called 'Missing Middle' aimed at addressing the housing crisis in urban areas, starting with North Lawndale.
In an effort to tackle the housing crisis impacting major cities, Chicago's Mayor Brandon Johnson has initiated a program for building homes on vacant lots, known as the 'Missing Middle' initiative. This program has already facilitated the construction of 307 buildings across various neighborhoods, and the focus has now shifted to North Lawndale, a community in need of revitalization. The strategy emphasizes leveraging vacant city-owned lots for housing development, allowing for increased accessibility to homeownership in the area.
The City of Chicago has been selling these vacant lots to developers in groups, with a structured financial incentive to promote development. Each lot is being sold for just USD 1, and developers can receive up to USD 150,000 in funding assistance for each housing unit from the Housing and Economic Development bond. This approach reflects a broader strategy aimed at repopulating neighborhoods that have faced severe disinvestment, particularly in the South and West sides of the city, where medium-density housing has become increasingly rare.
Mayor Johnson's commitment to this initiative underscores the city's determination to address the long-standing issue of affordable housing, especially in communities that have historically suffered from lack of investment. The 'Missing Middle' initiative not only aims to provide much-needed housing options but also seeks to revitalize neighborhoods by fostering community development, ensuring that city residents have access to affordable housing opportunities that suit their needs.