Dozens of South Shore residents weren’t too happy upon learning that a portion of their property taxes
have been used as part of the city’s tax increment financing, or TIF, program.
Tom Tresser, co-founder of the CivicLab, came to the 7th Ward, and is heading to others, as part of the volunteer-based TIF Illumination Project, which is intended
to promote TIF transparency and provide Chicago residents with a
snapshot of what the program is — or isn’t — doing for their communities.
“I
can’t believe that it’s so much money that’s out there that the
community does not know about that’s not channeling back into our
community, especially with all the schools closing,” Renita Jones, a
South Shore resident of more than 14 years, said after Saturday's
meeting. Read more »
