A plan long in the works to protect South Side residents from rising rents and displacement caused by the Obama Presidential Center is on its way to City Council for a vote after passing out of committee Wednesday.

The so-called Jackson Park Housing Pilot would earmark some of the area’s 184 vacant lots for affordable housing, offer property tax relief for residents and require further notice to tenants whose landlords aren’t renewing their leases.

The final blueprint is a first step “to make sure that we protect some of the more vulnerable residents in the ward,” said South Shore Ald. Desmond Yancy (5th), the proposal’s chief sponsor.

Yancy’s plan passed the city’s Housing Committee unanimously Wednesday after several protections for tenants citywide were nixed — provisions that one Co

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