According to the ordinance, the landlord would have the option to enter a “mutually satisfactory agreement” with the renter that includes offering to spread out repayment of each month’s unpaid rent over 60 days, to submit the matter for mediation, to apply the tenant’s security deposit toward the unpaid amount, to offer to waive all or part of the unpaid rent if the tenant moves out, or to enter into some other agreement with the renter.
Chicago Mayor Lori Lightfoot’s plan for coronavirus eviction protections advances despite concerns

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