THE PROPOSAL KNOWN AS BRING CHICAGO HOME CLEARED A KEY HURDLE AT TODAY'S CITY COUNCIL MEETING.

THE PLAN WOULD HIKE REAL ESTATE TRANSFER TAXES TO HELP FIGHT HOMELESSNESS AND TODAY'S ACTION MOVE THAT PROPOSAL A STEP CLOSER TO THE MARCH BALLOT, BUT NOT WITHOUT THINGS GETTING HEATED.

HERE'S SOME OF THE DEBATE.

>> BRING CHICAGO HOME IS A BLANK CHECK TO INCREASE TAXES ON BUSINESSES AND RESIDENTS IN EVERY NEIGHBORHOOD WITHOUT A TRANSPARENT PLAN TO ADDRESS THE ISSUES OF HOMELESSNESS IN CHICAGO.

IT.

>> THESE LANDLORDS HAVE BEEN RAISING RIGHT WAY BEFORE BRING CHICAGO HOME WAS INTRODUCED.

OKAY.

>> IT IS NOT THE CHICAGO CITY COUNCIL WITHOUT SOME BOOING HEADER.

SHARON JOINS US NOW WITH MORE HAD TO REMIND US WHAT THIS PROPOSAL WOULD DO.

SO RIGHT NOW, IF YOU SELL A PROPERTY WORTH $300,000 YOU'LL PAY THE SAME REAL ESTATE TRANSFER TAXES.

SOMEBODY WHO SELLS THE PROPERTY WORTH A MILLION DOLLARS.

SO SUPPORTERS OF THIS PROPOSAL SAY THAT IS NOT FAIR AND IT'S NOT EQUITABLE.

SO THEY WANT TO RAISE THE TAXES ON THOSE MILLION DOLLAR PROPERTY IS AND LOWER THE TAXES FOR PROPERTIES THAT SELL FOR LESS AND THAT WILL CREATE ABOUT 100 MILLION DOLLAR FUND THAT MAYOR BRANDON JOHNSON SAYS HE WILL USE TO ADDRESS THE ROOT CAUSES OF HOMELESSNESS TO GET PEOPLE INTO SHELTER AND TO HELP CARE FOR MAYOR BRANDON JOHNSON SAID AGAIN TODAY THAT HE WAS CONFIDENT, THOUGH, THAT HE HAD ENOUGH SUPPORT ON THE CITY COUNCIL TO PUT THIS QUESTION TO VOTERS.

LET'S LISTEN TO WHAT HE TOLD YOU.

>> 68,000 PEOPLE ARE ON THE HOUSE AND THE CITY OF CHICAGO.

IT'S AN EMBARRASSMENT.

EVERYONE AGREES.

AND SO OF COURSE, YOU'RE GOING TO HAVE SOME PUSHING POOL.

THAT'S WHAT DEMOCRACY DOES.

>> NOW, THE NUMBER OF ON HOW CHICAGOANS IS GROWING, HEATHER, WHY IS THAT?

ACCORDING TO THE CHICAGO COALITION FOR THE HOMELESS, WHICH IS ONE OF THE AUTHORS OF THIS PROPOSAL, THE CHICAGO'S HOMELESSNESS HOMELESS POPULATION HAS RISEN 4% IN 2021.

FULLY MORE THAN HALF OF ALL UNHOUSED PEOPLE IN CHICAGO ARE BLACK AND ANOTHER 30% OF LATINO AND BRANDON JOHNSON WAS ELECTED ON A PLATFORM THAT PROMISED TO DIRECTLY ADDRESS THAT SORT OF RACIAL AND ECONOMIC DISPARITY.

AND HE SAYS THIS IS THE BEST WAY TO DO IT.

OF COURSE, IT'S BEEN COMPLICATED BY THE DEBATE THAT YOU JUST HAD OVER THE ASYLUM SEEKERS WHO ARE NOW CERTAIN ADDING TO THAT HOUSING SHORTAGE IN CRISIS.

AND IT HAS REALLY COMPLICATED EVERYTHING AS IT PUTTING THIS IN THE HANDS OF VOTERS, THOUGH.

THAT'S ALSO COMPLICATED.

WHAT'S THE NEXT STEP?

WHAT NOW?

THE CITY COUNCIL HAS THE POWER WITH A SIMPLE MAJORITY VOTE TO PUT IT TO VOTERS IN THE MARCH PRIMARY BALLOT AND WHETHER THEY WILL ACTUALLY DO SO IS THE NEXT MAJOR QUESTION.

THE DEBATE IS GOING TO BE FIERCE AS SORT OF THE BUSINESS AND DEVELOPMENT COMMUNITY MOBILIZES IT AGAINST AS THE PROGRESSIVE COALITION SORT OF SEES THIS AS A MAJOR SORT OF FIGHT.

ONE THAT HAS BEEN IN THE WORKS SINCE 2018 AND WAS BLOCKED THROUGHOUT THE TENURE AS MAYOR LORI LIGHTFOOT PAY MORE TO COME.

HAVE A