TAX INCREMENT FINANCING Ten (10) Year Status Report 2001-2011
DIVISION/HOMAN Redevelopment Project Area Designated June 27, 2001
July 23, 2013 Pursuant to 65 ILCS 5/11-74.4-5
Prepared by
CITY OF CHICAGO DEPARTMENT OF HOUSING AND ECONOMIC DEVELOPMENT
AND
S. B. FRIEDMAN & COMPANY
TABLE OF CONTENTS
Executive Summary 1
- Redevelopment Project Area Information 3
Project Area Context and Background 3
Conditions at Time of TIF Creation 4
Goals and Objectives for the RPA 5
Estimated Redevelopment Project Costs and Allocations 5
- Redevelopment Project Area Revenues and Expenditures 7
Growth in EAV and Revenue Generated within RPA 7
Transfers of TIF Funds 8
City Expenditures within the RPA 8
Declaration of Surplus Funds 9
- Redevelopment Project Area Accomplishments 10
RPA Project Profiles - Major Accomplishments 10
Additional Performance Metrics 14
Status of Planned Activities, Goals and Objectives 15
Progress toward Achieving Goals and Objectives 17
City of Chicago
Division/Homan TIF District Ten (10) Year Status Report
Executive Summary
DIVISION/HOMAN REDEVELOPMENT PROJECT AREA
- Designated: June 27, 2001
- Expires: December 31, 2025
- 358 acres
- 592 parcels at time of designation
The Division/Homan Redevelopment Project Area ("RPA") is located in the Humboldt Park and West Town community areas and contains a mixture of residential, commercial, light industrial, open space and institutional uses. The 358-acre RPA was designated to provide incentives to developers and property owners for property restoration and reuse projects offering new and expanded business opportunities. The RPA was also intended to provide resources for recreational improvements to Humboldt Park and to foster industrial investments, where appropriate. Other priorities include assistance to new and rehabilitated mixed-income residential properties, right-of-way improvements to facilitate traffic flow, and streetscape projects to foster pedestrian activity along key retail strips.
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City of Chicago
Division/Homan TIF District Ten (10) Year Status Report
Division/Homan RPA Activity 2001 - 2011
INVESTMENT SUMMARY
- $22.7 million in total private development value
- $2.6 million in TIF Funds leveraged $20.1 million in other financing for private projects
- $622,000 in Neighborhood Improvement Program (NIP) grant awards to 96 residential homeowners
PROPERTY VALUE
Equalized Assessed Value - Compound annual growth rate of 7.4 percent DEVELOPMENT
- 38,000 square feet of commercial and institutional development
- 57 new affordable residential rental units
JOB CREATION
- Construction Jobs - Estimated 117 one-year full-time equivalent ("FTE") construction jobs created
- Permanent Jobs - Approximately 25 FTE permanent positions created
Total TIF-Eligible Project Costs and Expenditures through 2011
Project Costs Through 2011 '.
Percent
: Permissible Cost Category Estimated Project Costs Expenditures of Total
I. Professional Services $ 1,700,000 $ 194,093 11.4%
: 2. Marketing of Sites [1] $ 0 N/A
3. Property Assembly & Site Preparation $ 7,000,000 $0 0%
| 4. Rehabilitation of Existing Public or Private $ 6,000,000 $ 1,602,872 26.7%
I Buildings [1]
- Public Works or Improvements $ 8,500,000 $ 0 0%
[1]
- Job Training $ 1,300,000 $ 0 0%
- Financing Costs [1] $ 1,158,682 N/A
; 8. Capital Costs . " . ... [1] $ 0 N/A
9. Increased Education Costs [1] $ 0 N/A
! 10. Relocation Costs $ 1,000,000 $ 0 0%
II. Payment in Lieu of Taxes N/A _ _ $0 N/A
- Interest Costs _ '"VI $ 2,000,000 $ 0 ' 0%
- Affordable Housing Construction [1] $ 0 N/A
I 14. Day Care Reimbursements $ 2,000,000 $0 0%
Total Redevelopment Project Costs $ 29,500,000 $ 2,955,647 10.0%
. [1] Additional detail provided in Exhibit 2.
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City of Chicago
Division/Homan TIF District Ten (10) Year Status Report
l. Redevelopment Project Area Information
In July 2010, the Tax Increment Financing ("TIF") Allocation Redevelopment Act 65 ILCS 5/11-74.4-1, et seq. ("TIF Act") was amended to require municipalities to assemble a status report covering the history and performance of TIF districts that have been in existence for 9 to 10 years. The TIF Act requires the report to detail:
- The amount of revenue generated within the district;
- Expenditures made for the Redevelopment Project Area ("RPA"), including TIF fund expenditures;
- Status of planned activities, goals and objectives, including new and planned construction;
- The amount of public and private investment within the TIF district; and
- Other relevant evaluation or performance data.
The information summarized herein is for the reporting period from the TIF district's inception through the end of the 2011 calendar year and the 2010 tax year. For informational purposes, certain other supplementary information, such as upcoming planned projects or more recent changes to the RPA boundary, is reported as of December 2012.
Detailed data on the Division/Homan RPA was compiled to meet reporting requirements under the TIF Act and is presented in this Ten (10) Year Status Report (the "Report"). The Report contains various data from City of Chicago ("City") departments, including audited financial statements, Redevelopment Agreements, Intergovernmental Agreements, capital improvement expenditures, and TIF-funded program databases (Small Business Improvement Fund, Neighborhood Improvement Program, and TIFWorks) to track financial and programmatic performance. Data sources are referenced throughout this Report.
Project Area Context and Background
The approximately 358-acre Division/Homan RPA is located in the Humboldt Park and West Town community areas on the City's west side. The RPA is irregularly shaped and is generally bound by West Potomac and West North Avenues on the north; North Sacramento Boulevard and North California Avenue on the east; West Walton Street and West Chicago Avenue on the south; and North Hamlin Avenue on the west. The RPA boundary is shown in Exhibit 1 on the following page.
The RPA was designated as a TIF district on June 27, 2001, and is expected to expire no later than December 31, 2025. There have been no major or minor amendments to the Division/Homan Redevelopment Project Area Tax Increment Finance Program Redevelopment Plan and Project (the "TIF Plan") as of December 31, 2011.
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City of Chicago
Division/Homan TIF District Ten (10) Year Status Report
Exhibit 1. Division/Homan RPA
Conditions at Time of TIF Creation
The RPA was determined to be eligible for TIF designation as a "conservation area" under the TIF Act, which requires that at least 50 percent of buildings be 35 years of age or older, and three additional eligibility factors be present to a meaningful extent and reasonably distributed throughout the RPA. The following eligibility factors were described in the TIF Plan:
- 81 percent of structures were found be at least 35 years of age or older
- Factors present to a major extent:
o Obsolescence o Deterioration o Deleterious land use or layout
- Minor supporting factors:
o Dilapidation
o Presence of structures below minimum code
o Excessive land coverage and overcrowding of structures and community facilities
The RPA is located in the Humboldt Park and West Town community areas and contains a mixture of residential, commercial, light industrial, open space and institutional uses. The RPA was designated to
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City of Chicago
Division/Homan TIF District Ten (10) Year Status Report
provide incentives to developers and property owners for property restoration and reuse projects offering new and expanded business opportunities. The RPA was also intended to provide resources for recreational improvements to Humboldt Park and to foster industrial investments, where appropriate. Other priorities include assistance to new and rehabilitated mixed-income residential properties, right-of-way improvements to facilitate traffic flow, and streetscape projects to foster pedestrian activity along key retail strips.
Goals and Objectives for the RPA
The overall goals of the RPA are to:
- Stimulate redevelopment of the RPA; and
- Ensure redevelopment occurs on a coordinated and comprehensive basis.
These goals are expected to be achieved through an integrated and comprehensive strategy that leverages public resources to stimulate additional private investments.
In furtherance of these overall goals of the RPA, the following seven (7) objectives were outlined in the TIF Plan:
-
- Promote the rehabilitation of existing structures and new construction, where appropriate, throughout the RPA;
- Promote affordable and mixed-income rental and for-sale residential development and mixed-use residential/commercial development;
- Promote commercial development that includes commercial-only developments, mixed-use residential/commercial developments, and a large shopping center that, to the extent feasible, provides a full-service grocery store and other retail uses;
- Facilitate the development of design objectives and unified streetscape improvements
throughout the RPA;
- Create an environment within the RPA that will contribute to the health, safety and general welfare of the City and that will generate revenue for the RPA;
- Encourage the participation of minorities and women in the redevelopment process of the RPA; and
7. Reduce or eliminate those conditions that qualify the RPA as a conservation area.
Estimated Redevelopment Project Costs and Allocations
The estimated Redevelopment Project Costs outlined in the TIF Plan total $29.5 million. Through 2011, $3.0 million has been expended on TIF-supported projects within the RPA, representing 10 percent of the estimated total Redevelopment Project Costs. Exhibit 2 on the following page displays the estimated eligible costs of the TIF Plan and the expenditures through 2011 by statutory cost category.
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City of Chicago
Division/Homan TIF District Ten (10) Year Status Report
Exhibit 2. Total TIF-Eligible Project Costs and Expenditures through 2011
Project Costs Expended
Through 2011
; Permissible Cost Estimated Percent of '
i
S Category Eligible Cost Description Project Costs Expenditures Total ;
1. Professional Costs of studies, surveys, administration $ 1,700,000 $ 194,093 11.4%
Services ar|d professional services
i 2. Marketing of Sites Costof marketing sites within RPA to [l] $ 6 N/A !
j prospective businesses, developers,
_ _ _ investors _ _ _ _ _ I
3. Property Assembly Property assembly costs, including $ 7,000,000 $ 0 0%
& Site Preparation acquisition, demolition, site preparation
and environmental site improvement costs _
j 4. RehabiMtation of Costs of rehabilitation, reconstruction, $ 6,000,666 $ 1,602,872 26.7% i
I Existing Public or repair or remodeling, and replacement of [2]
! Private Buildings existing public or private buildings or I
[ fixtures !
- Public Works or Costs of construction of public works and $8,500,000 $0 0%
- Improvements improvements [3]
6. Job Training Costof job training and retraining $ 1,300,000 $0 0%
implemented by businesses or other taxing bodies, including "welfare-to-work" programs, advanced vocational or career education
7. Financing Costs Financing costs, including interest and [4] $ 1,158,682 N/A
issuance costs
! 8. Capital Costs Taxing districts'capital costs resulting from [3] $0 N/A
i redevelopment project j
9. Increased Costs of reimbursing school districts for [3] $0 N/A
Education Costs trie'r increased costs attributable to TIF-
assisted_housingprojects _ _
j 10. Relocation Costs Relocation costs $ 1,000,000 $ 0 0%
11. Payment in Lieu of Payments in lieu of taxes N/A $ 0 N/A
Taxes
I 12. Interest Costs Costs of reimbursing developers for $ 2,000,000 $ 6 0%
interest costs on redevelopment projects
13. Affordable Costs of construction, renovation, [2] $ 0 N/A
Housing Construction rehabilitation of housing for low-income
and very low-income households
i 14. Day Care Costs of day care services and operational $ 2,000,000 $ 0 0%
1 Reimbursements costs °f day care centers for low-income
| families in RPA !
TOTAL REDEVELOPMENT PROJECT COSTS [5] $ 29,500,000 $ 2,955,647 10.0%
Source: Division/Homan TIF Plan, dated January 23, 2001.
[1] Professional Services line item may include marketing costs.
[2] Rehabilitation of Existing Buildings and Affordable Housing Construction combined in TIF Plan.
[3] Public Works or Improvements line item may include reimbursement of Capital Costs and Increased Education Costs, as noted in the TIF Plan.
[4] Total Redevelopment Project Costs in TIF Plan exclusive of capitalized interest, issuance costs and other financing costs. [5] All costs in 2001 dollars (as amended) and may be increased by the rate of inflation reflected in the Consumer Price Index (CPI) for All Urban Consumers for All Items for the Chicago-Gary-Kenosha, IL-IN-WI CMSA, published by the U. S. Department of Labor. Increases in estimated Total Redevelopment Project Costs of more than 5 percent, after adjustment for inflation from the date of adoption of the TIF Plan, are subject to amendment procedures as provided under the TIF Act.
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City of Chicago
Division/Homan TIF District Ten (10) Year Status Report
2. Redevelopment Project Area Revenues and Expenditures
This chapter provides information on the incremental property tax revenue generated and associated expenditures within the RPA from its inception through December 31, 2011. A summary of non-TIF City funds expended in support of projects through the 2011 calendar year is also presented.
Growth in EAV and Revenue Generated within RPA
Incremental property tax revenues are generated based on the growth in equalized assessed value (EAV) that arises during the TIF district's existence, as compared to the initial EAV at the time of the TIF's original adoption. The RPA's initial EAV as of June 27, 2001 was $24,683,716.1 As of December 31, 2011, the total taxable EAV (for tax year 2010) of the RPA was $57,246,516, representing growth in property value of 132 percent from the initial EAV.2
Exhibit 3. Growth in EAV: Tax Year 1999 - 2010
Tax Year |
EAV |
% Increase from Initial EAV |
1999 - Initial EAV |
$ 24,683,716 |
- |
2010 - Current EAV |
$ 97,650,114 |
132% |
Source: Cook County Clerk.
This growth in EAV in the RPA generated a total of $8.6 million in incremental property tax revenue from 2001 through the end of 2011, as displayed in Exhibits 4 and 5 on the following page. Property tax is collected in the year after taxes are levied, therefore these exhibits cover the period through tax year 2010, for which property taxes were collected in calendar year 2011.
1 Office of the Cook County Clerk, Certificate of Initial Equalized Assessed Valuation. Initial EAV is from tax year 1999, the most recent year with final EAV figures when the RPA was created.
2 Office of the County Clerk Tax Increment Agency Distribution Summary, Tax Year 2010.
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City of Chicago
Division/Homan TIF District Ten (10) Year Status Report
Exhibit 4. Incremental Property Tax Revenue Exhibit 5. Annual Incremental Property
Collected, 2001 - 2011 Tax Revenue Collected
o o o o o
(N (N (N (N (N
Calendar Incremental Property Tax Collected
Year $1,800,000
2001 $o] $1,600,000
2002 $31,055 $1,400,000
2004 _ $472,166
"2005 "~" "'~$607,950
2003 ____ $199,373 J $1,200,000
2006 _ _ $685,853
2007 """"" "$855,807 i $600,000
$1,000,000
$800,000 $600,000
2008 $1,326,590 $400,000
$0
2009 $1,288,917 $200,000
2011 $1,604,401 j o o o o o
2010 $1,547,057
TOTAL INCREMENTAL PROPERTY TAX COLLECTED,
2001-2011 $8,619,169
Source: TIF Annual Reports: Section (7)(D) in 2002-2009 reports; Section 3.1 in 2010-2011 Reports. Property tax increment deposited in special tax allocation fund.
Transfers of TIF Funds
No funds were transferred (or "ported") into the Division/Homan special tax allocation fund from adjacent TIF districts through December 31, 2011. No funds were transferred out of the Division/Homan special tax allocation fund to adjacent TIF districts through December 31, 2011.
City Expenditures within the RPA
From 2001 to 2011, approximately $3.0 million in incremental property tax revenue was expended in support of projects within the RPA. Expenditures of TIF revenue over this period are presented in Exhibit 2 (see page 6) by TIF-eligible cost categories outlined in the TIF Act.
The City has allocated and expended additional non-TIF resources in support of TIF-funded projects within the RPA. These investments include funds in support of affordable housing rehabilitation and development, infrastructure, and the conveyance of City land. These additional non-TIF investments made between 2001 and 2011 total approximately $16.0 million and are displayed in Exhibit 6 on the following page.3
3 Capital Management System data is available from 2002 to 2011 and therefore, may exclude investments made in 2001. Only projects listed as "Active" or "Complete" are included in this Report.
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City of Chicago Division/Homan TIF District Ten (10) Year Status Report
Exhibit 6. Non-TIF City Investments in TIF-Supported Projects, 2001-2011 [1]
La Estancia $ 6,235,848 j
La Estancia $ 7,578,960
La Estancia"' $ 2,079,992 ]
[2] i
Source of Funds Use of Fund Allocation
j Department of Housing Loans (HOME, Community ! Development Block Grant, Corporate)
Low-Income Housing Tax Credits | Discounted Sale of City-Owned Property .
Total Non-TIF City Allocations on TIF-Supported Projects $ 15,894,800
Source: City of Chicago Capital Management System database; Division/Homan Redevelopment Agreements. [1] Includes funds directly controlled by City or City sister agencies, and other non-TIF funds allocated by the City. [2] Source: Community Development Commission staff report. Appraised value of land net of sale price to developer.
Declaration of Surplus Funds
No declaration of surplus funds in the Division/Homan special tax allocation fund has occurred through December 31, 2011. All unspent funds in the special tax allocation fund were reserved or earmarked for current and/or future projects.
9
City of Chicago Division/Homan TIF District Ten (10) Year Status Report
3. Redevelopment Project Area Accomplishments
This chapter provides information on the status of TIF project activity, goals and objectives outlined in the TIF Plan. Detailed information on TIF-supported projects within the Division/Homan RPA is provided, followed by a discussion of additional performance metrics relevant to the TIF district.
RPA Project Profiles - Major Accomplishments
Project profiles for TIF-supported projects within the Division/Homan RPA that are underway or have been completed, as of December 31, 2011, are provided in Exhibits 8 through 12 (see pages 11 - 13).
Key project information presented includes total project costs, TIF investment (to date and expected), public-to-private investment ratio, permanent employment counts obligated under Redevelopment Agreements ("RDAs"), and additional community impacts resulting from or expected to result from these projects. The tables include projects receiving TIF investment through RDAs and the Neighborhood Improvement Program ("NIP"). Projects that have been allocated TIF funds, but for which no TIF expenditures have occurred, are presented in Exhibit 14 in the following section on planned projects (see page 16).
The TIF investments made via Redevelopment Agreements within the RPA, as reported in Exhibit 8, are displayed in Exhibit 7 below. Planned projects, as reported in Exhibit 14, are also featured in the map.
Project Type
1 | Affordable Housing
Civic/Institutional (2) Planned Project
Exhibit 7. TIF-Funded Project Map
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City of Chicago
Division/Homan TIF District Ten (10) Year Status Report
Additional Performance Metrics
Additional performance metrics associated with the RPA, including construction and permanent job creation, and change in equalized assessed value over time, are presented below.
CONSTRUCTION JOB CREATION
117 one-year full-time equivalent construction jobs
Temporary construction employment associated with private projects (those with RDAs) and the SBIF program has been estimated for this Report. For consistency, estimates for all projects were developed using IMPLAN, an economic impact modeling program, which incorporates local employment and economic data from the U.S. Bureau of Labor Statistics ("BLS") and Bureau of Economic Analysis ("BEA"). The inputs for the IMPLAN analysis were derived from the actual project budgets, as presented in RDAs.
Based on this methodology, an estimated 117 one-year full-time equivalent ("FTE") construction jobs
were created as a result of the two Division/Homan RDA projects and NIP-funded residential rehabilitation projects that received TIF funding between 2001 and 2011.
PERMANENT JOB CREATION
25 total FTE permanent jobs
In some cases, RDAs require private, TIF-supported projects to create or retain a certain number of permanent jobs as a condition of receiving TIF funding. One of the RDAs to date within the RPA, the Institute of Puerto Rican Arts and Culture, has included a permanent job creation covenant. This project is required under the terms of the RDA to create at least 8 FTE permanent positions within two years of completion of the project.
Permanent job creation associated with other private, non-residential TIF-supported projects (see Redevelopment Agreement Projects in Exhibit 8) with no permanent job obligation has been estimated using industry benchmarks and other available sources. Where possible, these estimates are based on public data provided by tenants or employment figures for similar completed projects in the City; other sources of data include average job creation by square footage of land use development, as published by the Urban Land Institute and U.S. Energy Information Administration. All employment figures have been converted to FTE positions for comparability, using U.S. BLS and BEA conversion factors. Based on this methodology, an estimated 17 FTE permanent positions are expected to be created by the 12,585 square feet of commercial development resulting from the La Estancia affordable housing project. Together, the two RDA projects that have received funding through 2011 are expected to result in 25 FTE permanent jobs.
CHANGE IN EQUALIZED ASSESSED VALUE (EAV)
A comparison of the change in equalized assessed value over time in the RPA to larger geographies is one indication of the relative growth in property values in the RPA. Growth in property values from the creation of the RPA is one metric of the relative economic health of the RPA. The cumulative growth in
14
City of Chicago
Division/Homan TIF District Ten (10) Year Status Report
total EAV for the RPA, West Township, and the City of Chicago, overall, is displayed in Exhibit 13 below for tax years 2001 through 2011.
Property values within the RPA have grown at a compound annual growth rate of 7.4 percent from tax year 2001 to tax year 2011, while EAV in West Township and the City of Chicago has grown at a compound annual growth rate of 8.8 percent and 6.8 percent, respectively.
Exhibit 13. Change in EAV from 2001 Baseline
n
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Source: Cook County Assessor's Office, EAV before exemptions.
Status of Planned Activities, Goals and Objectives
PLANNED ACTIVITIES
The projects presented in Exhibits 8 through 12 include only those TIF-supported projects for which TIF funds have been expended through December 31, 2011. Planned projects are defined as those that have met substantial approval criteria for receiving TIF funds as of December 2012, but as of December 2011 had not received any TIF funding. These planned projects consist of:
- Projects with an executed RDA, or with an RDA under negotiation following approval by the Community Development Commission;
- IGAs that have received City Council approval but without TIF expenditures through 2011;
- TIF-funded programs for which funding has been approved but no TIF dollars expended; and
- Public infrastructure projects with prior approval but no expenditures through 2011, or projects included in the City's 2012-2014 TIF Projection Reports.
Information on the planned projects in the RPA is presented in Exhibit 14 on the following page and the planned IGA project is mapped in Exhibit 7 on page 10.
15
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City of Chicago
Division/Homan TIF District Ten (10) Year Status Report
Progress toward Achieving Goals and Objectives
The TIF Act requires that progress toward achieving goals and objectives outlined in the TIF Plan be addressed in the Report. Exhibit 15 below presents a summary of the relevant projects and their progress in addressing the goals and objectives outlined in the TIF Plan through 2011.
Exhibit 15. Progress toward Achieving Goals and Objectives Outlined in Division/Homan TIF Plan
Map ID Project Relevant Goals and Objectives Addressed
I R-l Institute of Puerto RicanArts and Culture 1,J__
R-2 _ La Estancia 1,2,3,6
I ~ Neighborhood Improvement Program 1, 5, 7
Source: Redevelopment Agreements, Intergovernmental Agreements, City of Chicago TIF Program Tracking Data, Capital
Management System database.
17
S. B. FRIEDMAN & COMPANY
PUBLIC NOTICE is hereby given that on the August 13, 2013, the Community Development Commission of the City of Chicago (the "City") will hold a public hearing at 1:00 p.m. at City Council Chambers. City Hall, 121 North LaSalle Street, Second Floor, Chicago, Utinois, regarding the City of Chicago TIF Ten (10) Year Status Report for the Jefferson/Roosevelt Redevelopment Project Area, Montclare Redevelopment Project Area, Division/Homan Redevelopment Project Area, Humboldt Park Commercial Redevelopment Project Area, Wilson Yard Redevelopment Project Area. 79th Street/Southwest Highway Redevelopment Project Area as required in the Illinois Tax Increment Allocation Redevelopment Act, as amended (65 ILCS 5/11 -74.4-1 et seq.) (the "Act"). The following documents concerning the subject matter of the hearing are available tor public inspection and review on the City of Chicago's website at www.cityofchfcago.org/tif and Monday through Friday between the hours ol 9:00 a.m. and 4:00 p.m. commencing on July 24, 2013 at City Hall, 121 North LaSalle Street, Chicago, Illinois, in the following offices: City Clerk, Room 107 and Department of Housing and Economic Development ("HED"), Room 1000: Tax Increment Financing Ten (10) Year Status Report 2001-2011 Jefferson/Roosevelt Redevelopment Project Area Tax Increment Financing Ten (10) Year Status Report 2001-2011 Montclare Redevelopment Project Area Tax Increment Financing Ten (10) Year Status Report 2001-2011 Division/Homan Redevelopment Project Area Tax Increment Financing Ten (10) Year Status Report 2001-2011 Humboldt Park Commercial Redevelopment Project Area
Tax Increment Financing Ten (10) Year Status Report 2001-
2011 Wilson Yard Redevelopment Project Area
Tax Increment Financing Ten (10) Year Status Report 2001-
2011 79th Street/Southwest Highway Redevelopment Project
Area
All interested persons will be given an opportunity to be heard
at the hearing and are invited to submit comments concerning
the subject matter thereof prior to the date of the hearing to
the following addresses:
Andrew Mooney, Commissioner
Department of Housing and Economic Development
City of Chicago
City Hall, Room 1000
121 North LaSalle Street
Chicago, Illinois 60602
Attn: TIF 10 Year Report Comments
and
Susana Mendoza
City Clerk
City of Chicago
City Hall, Room 107
121 North LaSalle Street
Chicago, Illinois 60602
Attn: TIF 10 Year Report Comments
For further information, please contact Gloria Peralta with Department of Housing & Economic Development at (312) 744-2780 between 9:00 a.m. and 4:00 p.m. Monday through Friday.
Marina Carrott, Chairman
COMMUNITY DEVELOPMENT COMMISSION
City of Chicago Pub: 07/24/13 611055