As the Obama Presidential Center continues construction near Chicago’s South Shore neighborhood, many low-income residents are asking the city for protection over fears that property taxes, insurance, and interest rates will skyrocket as the neighborhood changes to a more upscale area.
Many residents of the Woodlawn and South Shore neighborhoods fear being driven out of their homes due to rising rents and house prices as the area changes once the Obama Center opens, the Chicago Tribune reports.
The City Council has already enacted an ordinance that they hope will protect legacy residents that the Obama Center will affect. But the Coalition for a Community Benefits Agreement, a group formed to look after the interests of long-standing residents, wants more.
The group says that