In one of his first acts as the new 2nd Ward Alderman, Bob Fioretti threatened to stall the second phase of a $750 million plan to raze the CHA's ABLA Homes, part of their multi-billion dollar "Plan for Transformation." After learning that $31 million dollars in expiring tax credits might be lost, he approved $15 million in tax-increment financing, but he vowed that a series of side letters would dictate three things: minority participation at... more ›