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City Wraps Up Input Meetings for INVEST South/West Program
The Lightfoot administration on Friday wrapped up its series of community engagement meetings intended to gather public input for its INVEST South/West initiative, aimed to boost economic development in 10 neighborhoods on the city’s South and West Sides.
Announced last October, INVEST South/West will leverage $250 million in existing business development and infrastructure funding from the Department of Planning and Development (DPD) through the Tax Increment Financing, Small Business Improvement Fund, and Neighborhood Opportunity Fund programs to support improvement projects that align with local priorities.
These investments will build on more than $500 million in planned infrastructure improvements intended to provide transportation, housing and quality of life enhancements that bolster the vitality of the corridors and surrounding blocks. This includes area infrastructure projects already allocated, such as FastTracks improvements to the CTA Green Line, the Auburn Park Metra Station, and a new track and field facility in Gately Park in Pullman.
Pictured: A CTA station in the South Side’s Englewood neighborhood, one of the 10 neighborhoods in the INVEST South/Westprogram.
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- ◦Economy
- ◦Financing
