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MGLRC Newsletter  

Small Business Improvement Fund Explained 

 

Representatives from SomerCor504 explained the City's Small Business Improvement Fund (SBIF) to business and commercial property owners within the 111th & Kedzie TIF District at a breakfast meeting December 12th.

 

Approval of over $400,000 in free grant money is anticipated. The money can be used to make a wide variety of upgrades and repairs, as well as to purchase adjacent property for expansion or parking.

 

A program 'Roll Out' meeting will be scheduled in the next few weeks. Watch this site for details.

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City Council Adopts Ordinance

‘Coming Soon’ just got sooner.  An Ordinance authorizing the redevelopment agreement between developers of the Walgreens Signature Corner project and the City of Chicago was approved October 8, 2008.  This is a huge step in moving closer to an actual groundbreaking.

~ Click Here to Read the Ordinance ~

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