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Chicago's TIF Program Helped Downtown — But Not Poorer Neighborhoods, New Study Shows
2+ week, 3+ day ago (852+ words) The money can be used for the construction of parks, schools and infrastructure, as well as incentives for private commercial and residential development. As the theory goes, projects funded by TIF cause the value of the surrounding properties to rise,…...
Here’s what Illinois workers need to make an hour to afford rent, report says
3+ week, 5+ day ago (558+ words) Illinois residents working full-time at the state’s average annual per capita income are more than $16,000 short of being able to afford housing, according to a recent report. Out of Reach, a report jointly published July 23 by the National Low Income…...