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Strategies for Improving Economic Mobility of Workers Spatial Mismatch: The Chicago Story November 15, 2007 Frank Beal Executive Director

Spatial Mismatch: The Chicago Story

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Page 1: Spatial Mismatch: The Chicago Story

Strategies for Improving Economic Mobility of Workers

Spatial Mismatch:  The Chicago Story

November 15, 2007

Frank BealExecutive Director

Page 2: Spatial Mismatch: The Chicago Story

I. The Chicago RegionII. Chicago Metropolis 2020III. “The Jobs Housing Mismatch"

A.   Framing the IssueB.   AnalysesC.   Action:

The Metropolis PrinciplesState Housing PlanA New Regional Planning AgencyLocation Matters Legislation

Page 3: Spatial Mismatch: The Chicago Story
Page 4: Spatial Mismatch: The Chicago Story

Cities and Villages of the Region

Page 5: Spatial Mismatch: The Chicago Story

Created by The Commercial Club of Chicago– Four central ideas:

It’s the region that matters

We want to attract investment

We want to attract people

Everyone must benefit

– We are a project, not an institution

Page 6: Spatial Mismatch: The Chicago Story

What inspires us to act? The European UnionBill GatesDetroitThe world is FLATINTEL

Page 7: Spatial Mismatch: The Chicago Story
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What is it?

Unequal access to jobs, retail services, good schools, and public services.

“Location is destiny”

A more polite way to describe segregation

Page 9: Spatial Mismatch: The Chicago Story

A. Framing the Issue

A social equity issue

A transportation issue

A business/regional economy issue

Page 10: Spatial Mismatch: The Chicago Story
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Page 13: Spatial Mismatch: The Chicago Story

The Metropolis Plan:CHOICES FOR THE CHICAGO REGION

Page 14: Spatial Mismatch: The Chicago Story

0

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200000

250000

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e Con

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doSFR

Atta

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SFR Small

SFR M

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SFR Larg

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Rural

Trend Forecast Projected Demand

Page 15: Spatial Mismatch: The Chicago Story
Page 16: Spatial Mismatch: The Chicago Story
Page 17: Spatial Mismatch: The Chicago Story

C.  Action

The Metropolis Principles

State Housing Plan

New Regional Planning Agency

Location Matters

Page 18: Spatial Mismatch: The Chicago Story

In making decisions relating to the expansion of an existing facility or the location of a new facility in a given community, an employer will give substantial weight to:

Whether a community has zoning, building and land use policies that allow the construction of housing which is affordable to 

working people.

Whether a community is served by reliable and accessible mass transit, 

especially mass transit near work sites.

Page 19: Spatial Mismatch: The Chicago Story

“Thinking regionally is good business”

Chicago Sun-Times

“Employers putting premium on housing and transit for their

employees is welcome.”Daily Southtown

“Firms say housing a priority: Business group to tackle lack

of affordable homes”Chicago Tribune

Page 20: Spatial Mismatch: The Chicago Story

First housing plan in the State’s historyThe State Senate and House have, for the first time, established permanent committees

State’s housing finance authority has gone from a passive bank to an agency with an agenda

Page 21: Spatial Mismatch: The Chicago Story

New agency called Chicago Metropolitan Agency for Planning, combines the region’s MPO with its planning agency

A contentious battle

Finally a public agency that may be able to deal with the “jobs‐housing mismatch”

Page 22: Spatial Mismatch: The Chicago Story

State’s Department of Commerce & Economic Opportunity authorized to give additional tax credits to firms that invest near affordable housing and mass transit

The State is following “The Metropolis Principles”

Page 23: Spatial Mismatch: The Chicago Story

www.chicagometropolis2020.org