Source: Bloomberg City Lab

Date Published:  8/26/2025

Link: To Boost Housing, Chicago Kills Parking Minimums

In Chicago, where pro-housing legislation still faces headwinds, legislation was just passed eliminating parking minimums for new residential developments in Transit Oriented Development (TOD) areas. Chicago joins a growing number of cities that have taken similar action, including Santa Monica, CA, Hartford, CT, and New York, NY. The elimination is expected to significantly reduce building costs and spur developers to build more housing in these areas. The parking measure was a rare instance of broad support across the political, ideological, and geographic spectrum, where other pro-housing measures have recently failed, such as allowing accessory dwelling units (ADUs) to be built in backyards.