Suffredin- Changing County Government  
 

Accountability
Forest Preserves
Public Safety
Cook County Budget
Forest Pres. Budget
Property Tax Appeal
Health & Hospitals
Land Bank Authority
Policy Resolutions
Unsung Heroine

 

   
 
   
   
 
   
     
  Office phone numbers:  
   
 
 

The Cook County Code of Ordinances are the current laws of Cook County.

   
 

Search current and proposed Cook County Legislation in Larry's exclusive legislative library.

   
  The Chicago Board of Trade and the Chicago Mercantile Exchange trade 60% of the world futures contracts.
   
     
     
     



Cook County to accept HUD funds to bolster development around rail transit lines

Wednesday, April 17, 2013
nwi,com
by Gregory Tejeda

Cook County government will receive at least $30 million in federal funds to create a loan guarantee program meant to bolster the possibility of real estate development in areas near existing rail transit lines.

The County Board voted without opposition Wednesday to accept funds from the Housing and Urban Development Department, which will be used to create a program to be called Broadening Urban Investment to Leverage Transportation. 

The program is meant to make it easier for entities interested in developing real estate to receive low-interest loans, if the projects are within proximity (defined in most cases as within a half-mile) of transit lines.

“We will be an active participant in this program,” County Board President Toni Preckwinkle said.

Antonio Riley, director of HUD’s Midwest region, said this funding is among $240 million the federal government has provided to 43 communities in recent years.

Herman Brewer, the county's Economic Development bureau chief, said some development may take place in areas along the Metra Electric line that runs from Millennium Park Station downtown to University Park. But much more is likely to occur in areas that are near freight train lines carrying cargo.

Edward Paesel, director of the South Suburban Mayors and Managers Association, was present for Wednesday’s announcement following the County Board meeting. He said his organization has identified several areas near the Canadian National railroad tracks in Homewood and Harvey that could qualify for loans through the program.

He said his group will help business interests apply for the loans, which Brewer said must be approved by February 2014 to qualify for the program. The number of projects that receive financial support through the program will depend on their size, he said. However, three to 10 projects could receive funding and he expects most will be in southern and western Cook County near freight train lines. County Commissioner Joan Patricia Murphy, D-Crestwood, who represents much of the area along the Illinois-Indiana border, said she was pleased to see a program that would benefit the south suburbs. “It’s something that’s definitely needed; it will provide help for those companies in our part of the county,” she said.



Recent Headlines

Nearly a century after a brutal murder, Chicago’s only lynching victim gets memorial
Thursday, March 21, 2019
The Grio

County harassment survey shows mixed faith in reporting system
Thursday, March 21, 2019
Chicago Sun-Times

Recovery Behind Bars: Cook County Jail’s Opioid Treatment Program
Wednesday, March 20, 2019
Medill Reports

Judge: Labor unions don't owe non-union state workers refunds, despite unconstitutional fees
Wednesday, March 20, 2019
Cook County record

The language of justice: Court interpreters fight for client rights and their rights in Cook County
Tuesday, March 19, 2019
Medill Reports

Cook County General Hospital's $90-Million Redevelopment Saves a Chicago Icon
Tuesday, March 19, 2019
Engineering News Rec ord

Preckwinkle sends out harassment survey to staff after harassment controversy in her office
Tuesday, March 19, 2019
Chicago Tribune

Illinois Land Title Association Granted Summary Judgment in Case against Cook County Recorder of Deeds
Sunday, March 17, 2019
Illinois State Bar Association

Grand Jury Indicts Debt Collector of Bribing Cook County Clerk Dorothy Brown
Friday, March 15, 2019
WBBM Chicago

Indictment: Cook County's hired debt collector charged with bribing county officials to secure county contract
Friday, March 15, 2019
Cook County record

Karen Chavers Honored as 2019 Unsung Heroine
Thursday, March 14, 2019
Special to suffredin.org

Pappas to announce deadline for Cook County property owners to pay late taxes
Wednesday, March 13, 2019
Chicago Sun-Times

Courts Cause Confusion For Woman Trying To Resolve Her Case
Wednesday, March 13, 2019
CBS Chicago

Census changes raise fears of Illinois undercounting
Monday, March 11, 2019
Chicago Sun-Times

Cook County Sheriff Warns of Apple Phone Scam
Monday, March 11, 2019
WTTW News

Caller poses as Apple to get victims personal info in scam targeting Cook County residents
Monday, March 11, 2019
WGN Chicago

Should Young Adults Be Sent To Juvenile Courts?
Sunday, March 10, 2019
NPR Radio

Cook County Jail hires 2nd consecutive mental health professional as warden
Wednesday, March 06, 2019
Chicago Sun-Times

Lawsuit: Sheriff jailed dozens because of faulty electronic monitoring devices
Monday, March 04, 2019
Chicago Sun-Times

Woman dies while in custody at Cook County Jail
Sunday, March 03, 2019
Fox 32

all news items

Paid for by Larry Suffredin and not at taxpayer expense. A Haymarket Production.
^ TOP