Chicago’s TIF Sunshine Ordinance

Ald. Manny Flores on TIF

Long before workers occupied the Windows & Doors factory, the company received $10 million in TIF funding from the city years ago. Following that, Aldermen Manny Flores (1st Ward) and Scott Waguespack (32nd Ward), worked on developing a new ordinance on TIF transparency. It eventually passed the City Council and Mayor Daley signed it. It will appear as part of the Chicago City Codes Web sites July 30th. That site is not easily linked from another Web site. So, inside the scroll box on the Progress Illinois Web site is the ordinance as originally introduced back in February.