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Larry Levy
Quick Hit
by Ashlee Rezin
11:40am
Wed Aug 8, 2012

Chicagoans Rally Against $29.5 Million River Point TIF Subsidy (VIDEO)

Chanting “TIf money’s our money,” and carrying signs that read “Corporate Welfare is breaking Chicago’s back,” more than 100 protesters marched through downtown Chicago yesterday to protest the allocation of $29.5 million in tax increment financing (TIF) for a corporate tower in the West Loop.

“This money is cut right off the top of our property taxes, and we need to reinvest it in areas other than the Loop,” said Rita Pope, a resident of Evanston who was born in North Lawndale. Pope volunteers for the Organization of the North East and helped pass out flyers during Tuesday’s protest.

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