Items Including TIF

Chicago Committee on Finance Approves 15 Items Including TIF Agreements, Airport Bonds, and Settlement Orders

The Committee on Finance met on June 16, 2025, and approved multiple ordinances and orders totaling significant financial commitments. Key approvals included Tax Increment Financing redevelopment agreements, expansion of the Small Business Improvement Fund program across 24 wards, restructuring of loan agreements with forgiveness provisions, airport revenue bonds, and four settlement orders totaling $24.75 million. The committee also held a subject matter hearing on credit rating agency downgrades.