Category:Compliance Spotlight
Chicago’s Battle for Affordable Housing
As Chicago grapples with a severe affordable housing shortage—an estimated 119,000 units short—the city continues to experiment with policy solutions. More than half of Chicagoans are rent-burdened, meaning they spend over 30% of their income on rent and utilities. In response, city leaders have turned to tax abatements and zoning mandates to increase the supply of affordable housing. Two key programs—the Affordable Housing Special Assessment Program (AHSAP) and the Affordable Requirements Ordinance (ARO)—represent different approaches to tackling this crisis. Chicago’s affordable housing crisis requires a multifaceted approach, and while the AHSAP and ARO offer valuable incentives and mandates, neither alone is sufficient to address the city’s deep-rooted affordability and racial equity challenges.
Chicago’s Low-Income Housing Trust Fund at a Crossroads: Leadership, Equity, and an Uncertain Future
On February 11, the Chicago City Council Committee on Housing and Real Estate delayed approval of the appointment of eight board members to oversee the city’s low-income housing trust fund. The vote was postponed due to concerns about the lack of Black representation on the board and among the appointees, particularly from the South and West sides. For decades, Chicago has grappled with the challenge of providing affordable housing to its poorest residents. The Chicago Low-Income Housing Trust Fund (“Trust Fund”), established in 1987, has been a crucial force in addressing this need. The Trust Fund was created through a City Council ordinance and supports low-income residents—those earning at or below 50% of the city’s median income—by funding rental subsidies and housing programs.
Chicago’s One System Initiative: Merging the Homelessness and Forced Migration Response Services
Since August 2022, Chicago has seen a record influx of new arrivals, with nearly 47,000 individuals seeking asylum in Illinois from the southern U.S. border. In response to this surge of new Chicagoans, the city and state launched the One System Initiative, an ambitious effort to integrate the systems serving Chicagoans experiencing homelessness and new arrivals. By aligning resources and streamlining services, the initiative aims to enhance the city’s overall homeless response system. Such integration must also comply with various federal, state, and local regulations concerning eligibility requirements, funding restrictions, and documentation demands.
This is the Troubled Teen Industry
In 2020, many millennials turned to YouTube to watch what we thought would be a behind-the-scenes look into the life of Paris Hilton. What we didn’t expect was to learn that, just like thousands of teenagers across this country, Paris endured trauma while living in a “troubled teen” home. Since then, along with Congress, Paris has lobbied to enact laws to regulate the troubled youth facilities as it uses loopholes to get around what some would consider to be cruel punishment against kids.
A Fresh Perspective: How FSMA Compliance is Revolutionizing Large Food Distribution Corporations
As the world becomes increasingly concerned with food safety, large food distribution corporations find themselves grappling with a novel challenge: the Food Safety Modernization Act (FSMA). Mandated by the FDA, the FSMA aims to prevent foodborne illnesses through stringent regulations, thus compelling food corporations to adapt or face penalties. This writing will delve deeper into how the FSMA will reshape the food distribution landscape by influencing operational strategies, implementing accountability measures, and fostering an environment ripe for innovation.
Hey U.S. Government, The Romance Scammers Are Eating Americans Dry
The rise of online dating and social media has brought people closer together but has also given rise to a growing threat: romance scams. These fraudulent schemes prey on individuals seeking love and companionship, resulting in emotional and financial devastation. These scams involve perpetrators who create fake online personas to deceive individuals into forming romantic connections. Once trust is established, scammers exploit emotions to extract money from their victims, often under the pretense of financial emergencies or travel expenses.
Federal Trade Commission Rule Would Make it Easier to Cancel Subscriptions
The Federal Trade Commission (FTC) is proposing a rule that would make it easier for consumers to cancel subscription services and free trials they no longer want. This proposal, the “click to cancel” provision, was announced on March 22 and is part of the FTC’s ongoing review of its 1973 Negative Option Rule. This Rule regulates any and all unfair and deceptive practices related to subscriptions, memberships, and other recurring-payment programs.
The Rise of AI: Why Congress Must Regulate Artificial Intelligence Before it is too Late
In November of last year, Open AI launched ChatGPT, an AI chatbot that engages users with dialogue to answer questions, write responses to prompts, and interacts with the user. Google quickly responded to the technological advancement by creating their own version of a chatbot called Bard that Google claims will draw “on information from the web to provide fresh, high-quality response.” AI has quickly embedded itself into most everyday activities. Additionally, in light of recent mass layoffs, experts predict that AI could displace tens of millions of jobs in the United States in the coming years. And with new chatbots run by AI, AIs have gone from simply replacing people to assisting people with tasks. As with all emerging technology, the general public may worry about regulating something that can be so intrusive and yet powerful and helpful to society. With the unsurmountable amount of knowledge provided by AI in seconds, it is necessary that Congress catch up to the emerging technology and create regulations for AI that can respect intellectual property and copyright laws and eradicate how AI adds to racial and gender disparities in the United States.
Department of Education Reinforces Protections Under Title IX
It has been more than 100 days since the overturning of Roe v. Wade. In the wake of this decision, on October 4, the Biden administration reinforced guidelines regarding legal protections related to abortion and pregnancy under Title IX.
OFAC Publishes New Guidelines Regarding the Russia Investment Ban
On June 6, 2022, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) released new and revised guidelines regarding the Russian investment ban established by Executive Orders 14071, 14066, and 14068. As a result of the executive orders, sanctions can be imposed on individuals or entities determined to have operated in the accounting, trust and corporate formation services, or management consulting sectors of the Russian Federation economy. OFAC has consistently been updating and revising the guidelines to keep the guidelines as clear and consistent as possible, in an attempt to keep Americans doing business in Russia out of legal trouble.