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Challenges Remain in Getting TIF Information in Chicago
It takes time and patience to get information about the hundreds of millions of dollars in TIF money the city of Chicago has paid to companies and nonprofits over the last decade. This story was reported by Caitlin Bukowski, Ellyn Fortino, K. Herron, Becca James, Meghan Keyes, Tony Merevick, Margaret Smith, Taryn S. Smith and […]
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TIF Subsidies Given to Chicago Companies, Nonprofits Bypass City Neighborhoods in Need of Jobs
February 26, 2011 2 Comments
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, […]
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