Chicago’s New Planning Chief Has Fresh Eyes For INVEST South/West – WBEZ

As a part of INVEST South/West, the city pledges to commit $220 million in tax-increment financing dollars, $30 million from the Neighborhood Opportunity Fund along with $500 million in planned infrastructure investments and partnerships with sister city agencies. The city needs to raise an additional $250 million from private companies. BMO bank has pledged $10 million.

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Number of half-empty Chicago public schools doubles, yet lawmakers want to extend school closing moratorium – Wirepoints

A set of state lawmakers want to extend CPS’ current school closing moratorium to February 1, 2027 – the same year CPS is set to transition to a fully-elected school board. That means schools like Manley High School, with capacity for more than 1,000 students but enrollment of just 78, can’t be closed for anther three years. The school spends $45,000 per student, but just 2.4% of students read at grade level.

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