There’s now a light at the end of the tunnel for Chicago’s infamously wretched parking meter deal, and it’s a wonderful, if rare, example of good governance in action. citythatworks.substack.com/p…

“Second, there’s also no downside risk here; in the event that, I dunno, autonomous vehicles make parking irrelevant in twenty years, our revenue share becomes 5% of a much smaller number, but we also don’t have to worry about repaying a massive debt obligation.”

A City That Works is proud to endorse @biggs4chicago for CPS Board President. Read full endorsement: citythatworks.substack.com/p…

“We’re also in support of her platform on long-term financial stability for the district, including the importance of creating a cash reserve for the district and improving the district’s credit rating to investment grade.”

Chicago desperately needs more housing development to prevent skyrocketing rents and a stagnant population. Here’s how lowering construction costs can provide a much needed boost to build more homes.

Housing in Chicago: it's worse than you thought. Last year, we permitted less housing than 38 other jurisdictions - including Frisco TX (population 236,955). Per capita, we're now dead last among big cities. citythatworks.substack.com/p…

But it's also worth noting that we did used to crank out housing here with the current housing regime. But since 2007, the fiscal and regulatory picture in Chicago has gotten much, much worse. Taxes are high and likely to go higher, and regulatory costs have spiked as well.