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Chicago Mayor Proposes $425M in TIF Support for The 78 Development
Chicago Mayor Brandon Johnson has proposed directing $425 million in Tax Increment Financing (TIF) money to support “The 78,” a development project that includes a proposed Chicago Fire soccer stadium. The $424.9 million in proposed support would reimburse the developer, Roosevelt/Clark Partners LLC, for eligible construction costs. While the project was initially said to be ...
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