According to the Department of Commerce and Economic Opportunity Grant Tracker website, the Little Black Pearl Workshop received a $71,000 grant to help complete the industrial arts glass studio, located at 1060 East 47th Street in Chicago. Specifically the funds were to be “used to complete the installation of a hood and exhaust system in [...]
Tag Archives: Chicago
Illinois to Spend $150k to Upgrade Lighting
The Department of Commerce and Economic Opportunity recently awarded a grant to the city of Chicago to help “with upgrading the lighting in the 34th Ward of Chicago, specifically on 115th Street from Vincennes Avenue to Lowe Avenue.” The award amount is $150,000 for the project. According to the DCEO website (search City of Chicago, [...]
New TIF in the Loop
The city of Chicago has just approved 6 million dollars in tax increment financing (TIF) for Accretive Health Inc. “to pay for job training and the build-out costs” of a new facility, which will be located at 231 South LaSalle Street. By law, TIFs are intended to promote economic development in blighted areas, and this [...]
Illinois Pays $100k to Host a Football Game Between Two Out-of-State Universities
The Chicago Football Classic Inc. received a $100,000 grant to assist in hosting the Chicago Football Classic. According to the DCEO website the game “will feature Mississippi Valley State versus Southern University.” Southern University is located in Baton Rouge, Louisiana and Mississippi Valley State is located in Itta Bena, Mississippi. The grant was part of [...]
Spotlight on Spending
Check out the newest spotlight on spending covering traffic control aides in Chicago. Necessary? Some taxpayers don’t think so.
Check Out a New Paper on TIF Transparency!
Although tax increment financing (TIF) has been around for over thirty years, many people do not understand how it works, how it affects their communities or their pocketbooks. Most people have no idea a significant portion of their property taxes are flowing into the hands of real-estate developers instead of their schools, public libraries or [...]
Taxpayers Paying for New Model of Chicago
In 2008, the Chicago Architecture Foundation was awarded a $100,000 grant from the Department of Commerce and Economic Opportunity to “assist in the development of the 2008-2009 Special Exhibitions.” According to the DCEO Grant Tracker (Under “Search Grants by Organization” search Chicago Architecture Foundation, Grant #09-335008), the Special Exhibitions will feature a “state-of-the-art scale model [...]