Believe it or not. Vienna Beef, the Chicago-based maker of fine meat products, will be getting a gift of $5 million from the tax payers. Read about it here.
Archive for the ‘TIF 101’ Category
70 people made it to the Devon Bank Tuesday night to see the TIFs of the 50th Ward Illuminated. Ben Joravsky, political reporter for The Chicago Reader, gave a great talk and urged all the attendees to call their Alderman and demand that she vote against the proposed massive public subsidy for a DePaul stadium in the South Loop. Here is... Read more
Coming up on June 5! https://www.facebook.com/events/639944039354990
Check out this ten minute interview from Outside The Loop radio to get an overview of TIFs and a sneak preview of the 11th Ward TIF Illumination coming up on June 5.
Despite a Bull’s playoff game 50 people came Room 43 on Monday, May 13 for the 4th Ward Illumination. Read the coverage at Progress Illinois. See the presentation and listen to the audio at SlideShare.
It’s time to shed some light on the 11 TIFs inside the 4th Ward. Join us on Monday, May 13 at 6pm at Room 43 to learn: - How much property tax is extracted from each TIF inside the ward - How much money FROM the ward was left in the TIFs at the end of 2011 - What projects inside the... Read more
It was Mayor Daley (I and II) all over again. In the old days, when an alderman dared to question the mayor their mike was often shut off. In other ploys meetings were quickly gaveled out of session. Opponents of a planned gift of $29 million in public funds for a luxury high-rise across the street from Lincoln Park got... Read more
Long time Rogers Park activist Don Gordon summarizes the TIF program from the point of view of transparency online at Chicago Now. When it comes to the lack of government transparency in Chicago, there’s no better poster child than the Tax Increment Financing program or TIF. The program was first recommended by the late Mayor Harold Washington back in the early... Read more
The folks in Uptown are hopping mad at the thought of $29 million of their property tax dollars going to JDL Development to build a luxury high-rise across the street from Lincoln Park (the $36 million referenced in the flier includes $9 million for the rehab of a park district field house). And they’re making some noise. They will rallying... Read more
Join us in Englewood on Saturday, May 4 at 10am at the Kelly Library when we Illuminate just one TIF. We will be exposing the Englewood Neighborhood TIF that morning. Details and RSVP via Facebook @ http://tinyurl.com/TIF-Forum-May-4. To get you in the mood to Illuminate, take this quick multiple choice question. If you live inside the Englewood Neighborhood TIF, you would... Read more