BLOCK CITY CHICAGO REPORTS on Commercial Corridor Revitalization

BLOCK CITY CHICAGO REPORTS

HYDE PARK, WOODLAWN, SOUTH SHORE

Some Landlords Keep Their Storefronts Empty For Years — And Get Tax Breaks For It. Business Leaders Want To Change That

Small business advocates want to limit the tax breaks property owners can get on vacant storefronts. On 79th Street, three in five storefronts were vacant as of last year.

7:36 AM CDT on Oct 4, 2021

Quotes:

“We’re sounding the alarm on some of these land-bankers and foreign investors that are taking advantage of marginalized communities,” Tonya Trice of the South Shore Chamber of Commerce said.
“We have been doing this already without funding for a couple years,” said Diane Burnham, executive director of the South East Chicago Commission. “Having a coalition and a united voice has kept us going.”
“We believe this [ordinance] should be passed as expeditiously as possible,” council co-founder Elliot Richardson said. “It’s crucial to revitalize commercial corridors now — especially coming out of this pandemic — to create jobs in struggling communities.

READ THE FULL ARTICLE HERE

Insights Archive

Congrats to our Founder Scott Baskin!

By Nic | July 10, 2024

DONATE Congrats Scott! Scott has been appointed to the Illinois Health Benefits Exchange Advisory Committee: a committee charged with helping implement the Illinois Health Benefits Exchange to provide affordable health care options for individuals and small businesses. This is due to Scott and the SBAC’s hard work passing a law about this back in 2023.…

Larger Tax Credits for Hiring Formerly Incarcerated Individuals

By emma@sbacil.org | July 1, 2024

Download PDF here SBAC INSIGHTS PAGE Illinois Policymakers Take Bold Action to Support Businesses and Foster Opportunities for Formerly Incarcerated Individuals Press Release SBAC INSIGHTS PAGE

Policy Committee Contact Information

By growthzone | May 16, 2024

Policy Committee Contact Information: Aaron Smith Escapingtheoddspodcast@gmail.com Alona Anspach alona.anspach@ihtwm.com Beth Kregor bkregor@ij.org Cathie Van Wert cathie@doubletakedesign.com Chris Lautenslager chris@get-looped.com Chris Allen callen@wshscpa.com Chuck Scharenberg chuck@moreprofitmorefreedom.com Claudia Thornton director@glenellynchamber.com Danielle Petty DANIELLE@LTCONSULTLLC.COM Dean Alonis Dean.alonis@gmail.com DeRondal Bevly derondal@rubyrosestrategies.com Diana Cafi dcafi@healthproinnovation.com Gina Lipscomb gina@rjlipscomb.com Heather Jones hjones@vopf.com Ian Tobin ian@lincolnsquare.org Isaac Troncoso isaactroncoso5@gmail.com Ivy Walker…