TIF Proposals Would Finance Improvements at Seven Public Schools

September 14, 2021

More than $10 million in school improvement projects would be completed by the Chicago Board of Education through Tax Increment Financing (TIF) proposals introduced to City Council today by Mayor Lori E. Lightfoot:

  • The Near North Side’s Mark T. Skinner North Classical Elementary School, 640 W. Scott St., would be allocated $4.7 million in TIF for roof replacement and masonry repairs. To be completed this fall, the project would be entirely financed with TIF. 

  • Bridgeport’s Charles N. Holden Elementary School, 1104 W. 31st St., would be allocated $3.725 million in TIF to replace the building’s roof, perform tuckpointing, and implement chimney stack repairs. To be completed by winter 2023, the project would be entirely financed with TIF. 

  • East Garfield Park’s John Marshall Metropolitan High School, 3250 W. Adams St., would be allocated $1.06 million in TIF for chimney stack repairs and fire alarm system upgrades. To be completed by winter 2023, the project would be entirely financed with TIF. 

  • Brighton Park’s Calmeca Academy of Fine Arts Elementary School, 3456 W. 38thSt., would be allocated $148,000 in TIF for heating and cooling system repairs to help moderate temperatures within the building. To be completed by winter 2023, the project would be entirely financed with TIF. 

  • Morgan Park’s Henry R. Clissold Elementary School, 2350 W. ``110th Place, would be allocated $180,000 in TIF for fire alarm system upgrades. Completed last year, the project costs would be entirely paid for with TIF. 
  • McKinley Park’s Nathaniel Greene Elementary School, 3525 S. Honore St., would be allocated $159,000 in TIF for heating and cooling system repairs to help moderate temperatures within the building. To be completed by winter 2023, the project would be entirely financed with TIF.

  • The Near West Side’s Mark T. Skinner West Elementary School, 225 S. Aberdeen St., would be allocated $750,000 in TIF for chimney stack repairs. To be completed this fall, the project would be entirely financed with TIF.

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