14 South, West Side Businesses Get $1.9 Million Boost Through City's Neighborhood Opportunity Fund

14 South, West Side Businesses Get $1.9 Million Boost Through City's Neighborhood Opportunity Fund

CHICAGO — More than a dozen small businesses across the city have been awarded $1.9 million in city funding through its Neighborhood Opportunity Fund program, which aims to revitalize Chicago’s west, southwest and south sides.  The grant program, launched in 2016 by Mayor Rahm Emanuel, channels fees paid by Downtown developers through the neighborhood opportunity bonus into grants for projects along commercial corridors in underserved communitie…

Chicago’s $1.46B Revitalization: A Blueprint for Urban Growth

The newly released study by the Anderson Economic Group LLC (AEG) offers a compelling case study in urban economic revitalization, with implications that extend far beyond the Far South Side of Chicago. The $1.46 billion economic impact generated by Chicago Neighborhood Initiatives’ (CNI) $693 million investment is a testament to the power of strategic, community-focused development. Source

Study: CNI Investments in Far South Side Generated $1.46B Economic Impact

A newly released study by the Anderson Economic Group LLC (AEG) found that the $693-million of investments made by Chicago Neighborhood Initiatives (CNI) in the Pullman, Roseland, West Pullman and Riverdale neighborhoods have generated a $1.46-billion economic impact and added 7,800 new jobs. The study covers the years 2010-2023. The Community Benefits and Economic Impact Study, led by COO Tyler Theile and senior consultant Crita Benton focuses …