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Lightfoot Plan Would Steer $750M Toward South, West Sides
The Lightfoot administration has launched a neighborhood investment initiative to support revitalization on the city’s South and West sides. A collaboration among government, businesses, philanthropies and community leaders, the INVEST South/West program intends to steer more than $750 million in already-allocated funding to the South and West sides over the next three years.
Spearheading INVEST South/West’s first corporate sponsorship, BMO Harris Bank committed $10 million to support community revitalization. INVEST South/West will leverage the city’s committed funding and planning efforts to attract additional investment by corporate and philanthropic sponsors.
“The INVEST South/West initiative will bring together government, businesses, philanthropic organizations and community groups to make coordinated investments in 10 neighborhoods, giving residents more opportunities and driving inclusive, measurable growth throughout all of Chicago,” said Mayor Lori E. Lightfoot. These neighborhoods include:
• Auburn Gresham
• North Lawndale
• Austin
• Englewood
• Humboldt Park
• Quad Communities
• New City
• Roseland
• South Chicago
• South Shore
Pictured: The South Side’s Englewood neighborhood.
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