Crain's Daily Gist

08/12/21: Affordable housing can finally be built near Illinois’ community colleges

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Synopsis

A new law will allow community colleges to build dormitories and apartments in a move that could improve the odds of student success for those facing housing insecurity. Reporter Dennis Rodkin joins host Amy Guth to explain and recap this week’s real estate news. Plus: The Drake Hotel has been put up for sale, Chicago’s warehouse boom sees no end in sight, JPMorgan Chase boosts rewards on its Sapphire card and the city's new budget hole has decreased to $733 million.