Alderman Brendan Reilly (42nd) said he doesn't support a new tax-increment financing district for the East Loop. ...
Tom Tresser | Posted 10.19.2009 | Chicago
If citizens want to be protected from bad government and further rip-offs, we are going to have to rise to a new level of involvement. I have little hope that our elected representatives will truly represent us.
Crain's Chicago Business | Thomas A. Corfman | Posted 11.08.2009 | Chicago
The Daley administration is coughing up an additional $10 million to entice the parent of United Airlines to move its operations center downtown from ...
Chicago Sun-Times | CHRIS FUSCO and TIM NOVAK | Posted 11.08.2009 | Chicago
For years, the single railroad track south of Curie Metro High School on the Southwest Side had been a hangout for teens and a cut-through for commute...
Paras Bhayani | Posted 09.18.2009 | Chicago
If the federal government provided a higher social security payout funded by higher payroll taxes, CPS could actually devote attention to its work rather than worrying about how to pay for its retirees' pensions.
Crain's Chicago Business | Eddie Baeb | Posted 09.12.2009 | Chicago
The city's Community Development Commission on Tuesday approved providing $488,844 in tax-increment financing for the Lyric Opera of Chicago to help p...
Crain's Chicago Business | Eddie Baeb | Posted 09.06.2009 | Chicago
Mayor Richard M. Daley says the city's proposed $24-million subsidy to help bring 2,800 United Airlines employees downtown is warranted because of the...
Chicago Sun-Times | DAVID ROEDER AND FRAN SPIELMAN | Posted 09.06.2009 | Chicago
Mayor Daley is strapped for cash to run city government, but he has a rich money pot to subsidize private development downtown....
Chicago Tribune | Kathy Bergen | Posted 09.05.2009 | Chicago
The tab for building an Olympic Village typically is reported to be about $1 billion, but a tally of various associated costs puts the total at $1.18 ...
David Orr | Posted 07.20.2009 | Chicago
As taxpayers, it's high time we knew more: how many tickets are issued by ward, by neighborhood, by street. We should know why they are issued and who foots the bill, and, maybe, why a city with a billion dollar TIF surplus couldn't even balance its budget.
Huffington Post | Tim Taliaferro | Posted 07.10.2009 | Chicago
The bidding will start at $300,000. That's the suggested minimum bid for the hulking 77-year-old building that was once Chicago's main post office. T...
Progress Illinois | Angela Caputo | Posted 07.09.2009 | Chicago
Over the past month, Mayor Daley's tax increment financing (TIF) system has attracted some much-needed scrutiny. ...
Chicago Sun-Times | TIM NOVAK AND CHRIS FUSCO | Posted 06.15.2009 | Chicago
Mayor Daley promised that one-fifth of the homes built as part of the massive makeover of the historic Maxwell Street market would be set aside as aff...
Crain's Chicago Business | Posted 06.12.2009 | Chicago
Willis Group Holdings Ltd. is seeking a $3.8-million city subsidy to pay for build-out of its new headquarters at Sears Tower, which will soon be rena...
Huffington Post | Posted 05.23.2009 | Chicago
It's about to get a lot easier to find out where the reams of city taxpayer money spent on Tax Increment Financing districts goes. On Wednesday the C...
Huffington Post | Posted 05.22.2009 | Chicago
A bill that would require the City of Chicago to disclose all the financial details of murky Tax Increment Financing (TIF) deals is a step closer to b...
Esther J. Cepeda | Posted 04.27.2009 | Chicago
TIF districts make eyes glaze over because they're difficult to understand, difficult to track, and it takes decades to see the results of bad governance, perfect conditions for pulling the wool over citizens.
Chicago Reader | Mick Dumke | Posted 04.16.2009 | Chicago
But this being the Chicago City Council, where almost nothing moves forward without the imprimatur of the mayor, the proposal was tabled without a vot...
Chicago Sun-Times | Posted 02.27.2009 | Chicago
A decade ago, David Ariola owned a South Loop gym where Mayor Daley worked out. Today, the businessman serves on Daley's Community Development Commis...
Tom Tresser | Posted 02.20.2009 | Chicago
The city that gave the nation a leader who called for change is wondering if the change that is hopefully coming to Washington can ever take place at their doorstep.
Chicago Reader | Mick Dumke | Posted 02.13.2009 | Chicago
So much for that $10 million. As expected, Daley administration officials told aldermen [Monday] that the city can't recover any of the taxpayer-fund...
Crain's Chicago Business | John Pletz | Posted 02.12.2009 | Chicago
The city of Chicago will need a tax-increment financing district to develop the Olympic Village planned on the former site of Michael Reese Hospital. ...
Chicago Sun-Times | Fran Spielman | Posted 02.12.2009 | Chicago
Top mayoral aides will appear before a City Council committee today to explain what, if any, legal action the city will take against shuttered Republi...
Chicago Public Radio | Tasha Flournoy | Posted 01.03.2009 | Chicago
A group of residents on Chicago's North Side is suing the city and developers over a development project. The group alleges city officials are misusin...
Progress Illinois | Angela Caputo | Posted 12.08.2008 | Chicago
Referendums aimed at bringing more affordable housing to two lakefront Chicago communities passed by wide margins this week. In Uptown, 66 percent of ...
Chicago Real Estate Daily | Eddie Baeb | Posted 11.18.2009 | Chicago