Chicago has needed more #affordablehousing options for many years now. People simply can't afford to live in this city any more, which explains why our population has been declining. Our economy is in shambles and taxes are on the rise. The ADU ordinance is a step forward in changing this situation.
Though ADU traditionally stands for “Accessory Dwelling Unit”, Chicago's ordinance uses the term "Additional Dwelling Unit." The Zoning Code banned so-called “coach houses” in the 1950's, at a time when the population was growing after the second World War.
According to the new ADU ordinance, property owners will be allowed to add one or more dwelling units to their existing house unit and vacant lots without necessitating a change in zoning.
Reintroducing coach houses is a great initiative to solve the issue of affordable housing. Owners can increase the value of their property while adding an extra source of income. This will make it possible for them to ensure the overall financial stability of their property, which will be a boon to Chicago's economy.
The ordinance allows for new construction, and can also apply to existing structures (as long as they are at least 20 years old). As the city has a lack of resources, ADU's can help residents to earn some additional money and ensure affordable housing for their tenants.
Modifications on the structure of ADUs can improve the facilities and assist in meeting the purpose of this initiative more effectively. To solve problems like affordable housing, we have to think out of the box, and coach houses are a great solution. This ordinance will be great for the landlords of the city as well as for the residents.