City of Chicago, IL
10/09/2024 | Press release | Distributed by Public on 10/10/2024 09:20
TIF Funding to Support Upgrades at Three North Lawndale Schools
Three North Lawndale public schools will collectively receive $10 million in Tax Increment Financing (TIF) assistance for facility upgrades following approval by City Council today.
• James Weldon Johnson STEAM Elementary School, 1420 S. Albany Ave., will receive $3.75 million in TIF to renovate four classrooms, modernize common areas and address critical facility needs.
• Thomas Chalmers STEAM Elementary School, 2745 W. Roosevelt Road, will receive $3.75 million to renovate four primary classrooms, replace a roof, modernize common areas and address critical facility needs.
• Collins Academy STEAM High School, 1313 S. Sacramento Drive, will receive $2.5 million to renovate four classrooms, upgrade a parent center and specialty career room, and address critical facility needs.
TIF will pay for the entirety of all three projects with funding from the Midwest TIF district.
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