In the face of progressive forces calling for mass rent cancellation, Chicago Mayor Lori Lightfoot on Wednesday announced her administration has coaxed a broad coalition of commercial lenders and landlord groups to sign onto a non-binding “solidarity pledge” promising all-around leniency in an effort to prevent people from being forced out of their homes amid the fallout of the coronavirus pandemic.

The Chicago Housing Solidarity Pledge calls on apartment owners to work out individualized payment plans for struggling tenants, and it asks housing lenders to defer mortgage payments and suspend foreclosures until at least May 31. While the city has no power to enforce the pledge, Lightfoot touted commitments from more than a dozen banking firms and three influential local landlord groups agreeing to its terms.

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