CTBA experts are available to provide insight, analysis, and data to the press on a wide range of public policy issues. In addition, CTBA disseminates new research and timely updates on policy developments to the media.
What We Do
- Policy analysis and advocacy
- Empirical research
- Advice and technical assistance
- Strategic leadership in coalitions
- Legislative testimony
- Public education
CHICAGO – A Elia Báez le parece injusto que la agencia que administra la vivienda pública en Chicago haya amasado millones de dólares y no use los fondos para proporcionar vivienda a residentes de bajos ingresos.
La agencia Chicago Housing
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For the first time in more than five years, the Chicago Housing Authority has opened its waiting list and is issuing housing choice vouchers to 3,000 new residents who need help paying their rent, officials with the agency said.
But while the expansion of the housing choice program is being hailed by some as good news, a local, independent think tank is releasing a report Wednesday alleging that over the same five years, the CHA has steadily socked away hundreds of millions of dollars instead of spending the money to house the poor.
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The Chicago Housing Authority has hoarded millions of dollars in a reserve fund and used federal taxpayer money for non-housing-related services, despite a waiting list of thousands of low-income residents, a new study says.
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The Center for Tax and Budget Accountability (CTBA) released a new report, A Fiscal Review of the Chicago Housing Authority. CTBA’s analysis of the Chicago House Authority’s (CHA) own budget reports revealed that the CHA built up a large cash reserve while tens of thousands of households wait for affordable housing.
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A proposal by the Center for Tax and Budget Accountability, a Chicago nonprofit advocacy group, suggests that taking 43 years to make the plans fully funded, instead of the normal 30 years, would reduce annual pension payments to a feasible level. Requiring equal annual payments instead of back-loading contributions to later years would make it more fiscally responsible than the state's current plans.
“The only thing they can do that's rational is re-amortizing the debt they owe,” said Ralph Martire, CTBA's executive director. “It works and it's constitutional. The only people who will yell and scream are the actuaries.”
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The Supreme Court ruled Thursday that the state cannot reduce retirement benefits for public employees. While the ruling is good news for them, it appears to be bad news for state and local taxpayers.
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Pension reform, RIP?
In a case with ominous implications for the state's pension reform law, the Illinois Supreme Court ruled today that the state constitution prevents any diminishment of health care benefits for retired state employees.
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We expect elected officials to address societal needs with well-designed, effective policy initiatives. Of course, the overtly political milieu in which public policy is created usually frustrates this expectation.
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FOX 32 Sunday talks with Greg Baise, President of the Illinois Manufacturers Association, and Ralph Martire, Executive Director for the Center for Tax and Budget Accountability, about the budget the General Assembly sent to Governor Quinn, as well as individual and corporate taxation,