Ordinance Aimed at Slowing Gentrification Passes as Pilsen Rental Prices Increasing, Latino Population Shrinking

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Ordinance Aimed at Slowing Gentrification Passes as Pilsen Rental Prices Increasing, Latino Population Shrinking
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'In communities like Pilsen, you do want to avoid demolitions, in my opinion, at the expense of creating very high developments that are challenging and displacing families,” said Raul Raymundo, CEO of The Resurrection Project. LatinoVoicesWTTW

of urban planning and policy who studies gentrification in Pilsen, “I think that this penalty for demolition is too low. I think many developers can afford $5,000 per unit or $15,000. It is the small developer that probably cannot afford that fee, but I think the gentrification should also cover the big developers.”was the only person to vote against the surcharge during Monday’s committee meeting.

Jose Perez, a longtime Pilsen resident and owner of several properties in the neighborhood says he’s OK with the fee if the funds end up back in the community but believes fees should be considered on a case-by-case basis.

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