"Understanding the 'Bring Chicago Home' Referendum: A Voter's Guide"

Chicago voters will decide on the Bring Chicago Home referendum, which aims to raise real estate transfer taxes for properties over $1 million to fund homelessness initiatives. The measure faces opposition from real estate groups, but proponents argue it's necessary to address the city's affordable housing shortage. The referendum's legal status has been the subject of a legal battle, but if passed, it could generate an estimated $100 million annually. The additional revenue would be used to provide permanent affordable housing and services for the homeless, with the City Council responsible for finalizing the specifics. Similar measures have been implemented in other cities like Los Angeles and Evanston to fund homeless services and reparations programs.