Dear Francesca:  Section 1031 and section 453 work together on your type of exchange.  

More specifically, code section 16-18-070 seems to indicate that it may be possible to get this fee waived if the area meets the goals in the City Space Plan.There are many, many pages of reading material online about the plan, but we are trying to figure out how to tell if the goals for our area are being met.Property is pretty squarely between the actual parks of Wicker Park and Humboldt Park and close to the 606, so this may not be one of the areas of the city requiring additional green space.Basically, if there is a viable way (by meeting current criteria of the City Space Plan) we’d like to not pay the fee if we can supply the correct information.It is very challenging to decipher this and we get one shot at getting the fee waived.If it matters, we are taking an existing 2 flat and turning it into a 3 flat – allowed by area zoning and there are no changes to the footprint of the existing building.We still have more research to do but we couldn’t even find specific information on the progress of the plan’s goals and what areas meet the Open Space Requirements now.16-18-070 Individualized Assessment Of Impact.

@Jim Cran I got a fully rehabbed 5 bedroom section 8 property in North Collinwood, yeah not afraid of the higher crime areas and the other in in the Mount Pleasant neighborhood, lower crime area but this house needs a little work.

I'm trying to determine how much Section 8 housing voucher will pay for a specific property.

It seems quite possible if not a certainty that federal budget cuts in the near term could drastically reduce social welfare programs.  Any opinions out there of what this might do to low income subsidized housing?  

hey BPer's i recently failed a pha section 8 inspection because of a bulge in the brick exterior. the inspector told me i need an engineers report. i never had to deal with an issue like this before. i was hoping someone could point me toward a good engineer. 

We are all familiar with Section 8 vouchers but how many of us know that there is a program that could turn these tenants into homeowners? 

They seriously pop up on every corner out here!

But it is advantageous to have someone in your corner who isn't the listing agent when buying a property.

In the beginning I did negotiate and I can't remember a time it went well, the first time they run into a delay they're going to get restless and not want to be there anymore, this is where corner cutting and delays start.