Lightfoot to shift $750 million to South and West sides – Crain’s

Lightfoot accounced that the city would realign “more than $750 million in public funding over the next three years” toward 10 neighborhoods on the city’s South and West sides as part of the INVEST South/West program.

That money will come from $250 million in existing pools: tax increment financing (TIF), the Small Business Improvement Fund (SBIF), and the Neighborhood Opportunity Fund; plus $500 million in already planned infrastructure improvements around transportation, housing and “quality of life enhancements.”

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