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Eugene Jones, acting CEO at the Chicago Housing Authority (CHA), is facing some criticismafter recently describing the proposed "Keeping the Promise Ordinance" as a "waste of time."
The proposed Chicago ordinance is aimed at providing the city council with greater oversight of the CHA.
Ald. Joe Moreno (1st) re-introduced the Keeping the Promise Ordinance in July. Moreno first introduced the ordinance last September after a fiscal review by the Center for Tax and Budget Accountability showed that the CHA had recently amassed some $432 million in reserves, primarily by socking away millions in federal funds intended for housing vouchers.