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TIF Subsidies Given to Chicago Companies, Nonprofits Bypass City Neighborhoods in Need of Jobs

TIF Subsidies Given to Chicago Companies, Nonprofits Bypass City Neighborhoods in Need of Jobs

United Airlines and Quaker Oats. The fitness club at Union Station and the parent company of radio station WVON. The Chicago Symphony Orchestra and Spertus Institute of Jewish Studies. Dozens of housing developments. These companies and nonprofits were among dozens promised subsidies totaling nearly $1.2 billion in tax increment financing (TIF) over the last decade, […]

SPRINGFIELD – The Illinois Senate unanimously approved legislation Wednesday that would make some changes to the legislature’s controversial scholarship program but keep it intact. The program has been under fire in recent months after stories by ChicagoTalks, The Chicago Tribune and the Associated Press. Senate Bill 365 – sponsored by Senate President John J. Cullerton […]

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