Non-Routine
Ward Matters
Economic Development
Tax Increment Financing
Redevelopment agreement with Armour Institute LLC, titleholder/owner of historic building, and ground lease with Illinois Institute of Technology, to build residential market rate and affordable units with Tax Increment Financing (TIF) assistance including renovation costs of historical landmark at 3300 S Federal St
Sponsor | Ward | |
---|---|---|
|
Lightfoot, Lori E.Primary Sponsor |
Date | Legislative body | Action |
---|---|---|
Date 2022-10-20 | Legislative body Committee on Finance | Action Recommended to Pass |
Date 2022-09-21 | Legislative body Chicago City Council | Action Referred |