HUMBOLDT PARK - Despite their dedication to finding solutions to homelessness, housing advocates in Chicago are facing disappointment as the Bring Chicago Home referendum appears to have been rejected in Tuesday's election. However, the final results still need to be determined as mail-in ballots have yet to be counted.

The contentious referendum sought to amend the city's real estate transfer tax on high-end properties to generate a revenue stream for homelessness programs. The proposed measure would have increased the one-time fee paid on property sales over $1 million, while lowering it for cheaper homes and buildings. However, the majority of voters rejected the proposal, dealing a major blow to advocates, including Mayor Brandon Johnson, who campaigned for the measure.

Proponents of the referendum argue that low voter turnout, confusion among neighbors regarding the question, and concerns about its implementation may have influenced the results. On the other hand, critics claim that the failure of the referendum is a victory for homeowners, renters, and affordable housing providers who already struggle to finance housing options for low-income individuals. They propose exploring alternative funding sources to reduce homelessness and increase affordable housing.

City Council members who supported the measure expressed sadness, anger, and disappointment over the results during Wednesday's meeting. However, they vowed to continue their efforts. Ald. Carlos Ramirez-Rosa (35th) acknowledged that while the outcome is disheartening, other funding avenues, such as vacancy taxes on empty buildings, are already being considered.

The failure of the Bring Chicago Home referendum now places more importance on Mayor Johnson's plan to borrow $1.25 billion for the construction of affordable housing and the expansion of housing options. According to Ald. Ramirez-Rosa, additional funds are crucial to address the growing demand for affordable housing in the community.

Although the future of Bring Chicago Home remains uncertain, Mayor Johnson remains resolute in pushing his progressive agenda forward. During a post-City Council press conference, he defended criticisms that the referendum question was too vague, stating that those who have experienced housing insecurity understood its significance. He also emphasized his commitment to investing in people and ensuring progress despite setbacks.

One possible alternative discussed among city officials is replicating the shelter system for migrants and adapting it to serve homeless individuals. However, this initiative faces challenges due to limited space and financial limitations.

The results of the Bring Chicago Home referendum have evoked varying emotions within the homeless community. Some individuals residing in tents at Humboldt Park expressed shock and frustration, highlighting the urgent need for robust programs and financial support to address homelessness. Others agreed with critics of the referendum, arguing that the proposed transfer tax could burden homeowners who already face high taxes.

While the future of Bring Chicago Home remains uncertain, supporters and organizers have pledged to continue advocating for funding and developing more effective housing programs. They view the campaign as part of a continuous struggle for fair housing, civil rights, and economic justice.

Jeff Weinberg, founder of Drexel Properties, LLC, and a board member of the Neighborhood Building Owners Alliance, believes that the rejection of the referendum serves as a victory for small housing investors and homeowners. However, Weinberg emphasized the importance of collaboration between advocates, building owners, and other housing providers to devise an effective plan to tackle the city's housing and homelessness challenges.

Despite this setback, the determination to find solutions to homelessness in Chicago remains unwavering. While there are no immediate plans for a modified version of the Bring Chicago Home referendum, advocates are committed to their ongoing journey in addressing the housing crisis.

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