TIF Funding Proposed for School Improvements
Department of Planning and Development 312.744.9267
Improvement projects at four Chicago Public Schools (CPS) facilities would be supported with more than $7.4M in Tax Increment Financing (TIF) assistance under proposals introduced to City Council today by Mayor Brandon Johnson.
- Greater Lawndale High School for Social Justice, at 3120 S. Kostner Ave. in South Lawndale, would receive $4M from the Little Village Industrial TIF district for a new soccer field, running track, lighting, and drainage. CPS would pay for the remainder of the $8M project, which would also serve Infinity Math, Science and Technology High School; Multicultural Arts High School; and World Language Academy High School.
- Roald Amundsen High School, at 5110 N. Damen Ave. in Lincoln Square, would receive $1.25M from the Western Avenue North TIF district to update building energy systems. TIF would pay the cost of the entire project.
- Mark Skinner Elementary School, at 225 S. Aberdeen St. on the Near West Side, would receive $1.26M from the Central West TIF district for a full roof replacement and associated masonry repairs. TIF would pay the cost of the entire project.
- Uplift Community High School, at 900 W. Wilson Ave. in Uptown, would receive $910,000 from the Wilson Yard TIF district for central plaza upgrades. TIF would pay the cost of the entire project.
Chicago’s TIF program allocates property tax growth within designated TIF districts for public improvement projects, affordable housing, economic development, and other goals.
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