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BUSINESSBlock Club Chicago·5d ago

City Approves Increasing The Pilsen TIF Budget But Not Expanding Its Boundaries

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Chicago officials approved an increase to the Pilsen tax increment-financing district budget to fund public works, including bridge restoration, without expanding the district's boundaries.

The increase allows the city to use TIF funds for public works and development projects within the Pilsen tax increment-financing district, including plans to restore a Western Avenue bridge.

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