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CDC signs off on property-sale for mixed-income housing at former Robert...
The Community Development Commission on Tuesday approved the sale of city-owned property to a developer that will create 71 mixed-income housing units on the former site of the Robert Taylor Homes in...
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Development Commission extends Englewood TIF where Whole Foods looks to build
By : Ian FullertonThe city’s Community Development Commission unanimously voted to extend the life span of a small tax increment financing district in Englewood on Tuesday.Designated in 1989, the...
View ArticleCommunity Development Commission extends Michigan/Cermak TIF lifespan
By : Katie CliffChicago’s Community Development Commission has approved an extension of the lifespan of the Michigan/Cermak Tax Increment Financing Redevelopment Project Area.The commission at its...
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Participatory budgeting leads to organic garden in 5th Ward
By : Matthew BlakeMembers of the Chicago Community Development Commission on Tuesday approved the development of a $200,000 organic garden at 2301-2307 E. 71st St., a proposal that arose from a new...
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Special taxing dollars for Swedish Covenant advance
By : Matthew BlakeThe Chicago Community Development Commission on Tuesday approved providing $4.6 million in Tax Increment Financing money to Swedish Covenant Hospital on the city's Northwest Side for...
View ArticleCity turns to land acquisition to help far South Side community
By : Matthew BlakeIn an attempt to revive a stretch of vacant land in the Roseland neighborhood and ignite development in that community, the city’s Department of Planning and Development would acquire...
View ArticleGoose Island tech sector project advances
By : Matthew BlakeA city panel unanimously approved Tuesday putting $10 million in Tax Increment Financing money toward a proposed digital manufacturing technology research center at Goose Island, a...
View ArticleCity eyes TIF district for hard-hit Washington Park
Community Development Commission on Tuesday is set to vote on a proposal to establish a TIF district in the Washington Park neighborhood projected to generate $25 million in revenue over its lifespan;...
View ArticleDespite contentious hearing, CDC signs off on Washington Park TIF
By : Matthew BlakeThe Community Development Commission advanced a Tax Increment Financing district for the Washington Park community with no discussion or opposition on Tuesday despite objections from...
View ArticleWashington Park needs more than a TIF
Crain’s Chicago Business columnist Joe Cahill wrote that although “TIFs are particularly effective in catalyzing neighborhoods on the verge of recovery,” with its high crime and geographic location, a...
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