A redevelopment plan for Chicago’s former Harold Ickes Homes advanced Tuesday, with the Chicago Housing Authority’s Board approving $3.6 million in predevelopment loans for the project.
The state of Illinois and the Federal Rail Administration have agreed to extend funding for the passenger rail project linking the Quad Cities to Chicago.
Workforce training is a cheaper, more cost-effective economic development option for states and cities than corporate “megadeals,” a new report from Good Jobs First has found.
The Chicago Urban League released a 10-year blueprint Wednesday to undo structural racism in the city and create more equitable education, employment and economic development systems for African-American residents living in the most disadvantaged communities.
Chicago Urban League officials released the plan as the organization commemorates its 100th anniversary.
“Our vision is that by 2026, residents of every community area in Chicago will have access to the services and supports they need not just to succeed, but to really thrive as members of the greater Chicago community,” said Stephanie Schmitz Bechteler, vice president and executive director of the Chicago Urban League’s Research and Policy Center.
“The league’s 10-year plan is a focused effort that lays out our commitment to making racial equity a reality. When this happens, it sets the stage for a stronger African-American community and that, in turn, makes a stronger Chicago.”