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Chicago Transfer-Tax Referendum To Address Homelessness Appears Headed for Defeat

Almost 54% of Votes Are Against Bring Chicago Home Initiative With Most Precincts Counted
Chicago Mayor Brandon Johnson, who took office last spring, was a backer of the Bring Chicago Home initiative. (Getty Images)
Chicago Mayor Brandon Johnson, who took office last spring, was a backer of the Bring Chicago Home initiative. (Getty Images)
CoStar News
March 20, 2024 | 5:45 P.M.

Chicago voters appear to have rejected a plan to increase real estate transfer taxes on certain commercial properties and homes to help address homelessness, dealing a setback to progressive Mayor Brandon Johnson and a victory to real estate groups that fought against the referendum measure.

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