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Committee approves major variations for 30-unit development at 2206 Maple Avenue; members request clarity on tax-increment incentive
Summary
The Planning and Development Committee approved major variations to allow a five-story, 30-unit apartment building at 2206 Maple Avenue and debated the fiscal impact of a Cook County incentive (referred to in the transcript as HB 2,621) for affordable units.
The Planning and Development Committee voted to approve ordinance 35,025, granting major variations to permit construction of a five-story, 30-unit multifamily building with 29 on-site parking spaces at 2206 Maple Avenue.
Council member Burns moved the motion and Council member Ravel seconded. The substantive discussion focused on the developer’s inclusion of 20% on-site affordable units and the financial trade-offs of a Cook County…
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