private investment

Representatives from local taxing districts that levy property taxes within the proposed redevelopment area, along with a village representative and a public member, make up the Joint Review Board. #southbarrington #redevelopment

Inspector General David Glockner said the city provided half of the $100 million initially proposed by Mayor Rahm Emanuel, but the fund has been been effectively dormant since 2020. #fund #centersquare

Housing advocates say the move represents one of the state’s most significant affordable housing investments in recent years and will help support the development and preservation of affordable homes across Illinois. #budget #affordablehousing #taxcredit

The project marks the culmination of nearly five years of planning and collaboration between QuikTrip, the City of Kankakee, the Economic Development Agency of Kankakee and various state and local partners. #kankakee #quicktrip #development

Housing advocates say a mix of rising construction costs, elevated interest rates and limited public funding has made it increasingly difficult to complete affordable housing developments—even when federal assistance is available. #housing #tax #