Archive for ‘CIT in the News’

Mayor Emanuel Announces New Street Lights; Requests Public Feedback Before Installation

Mayor Rahm Emanuel joined the Chicago Department of Transportation (CDOT) and the Chicago Infrastructure Trust (CIT) today to announce a public demonstration of next-generation streetlights in seven neighborhoods as part of the Chicago Smart Lighting Project, which will upgrade streetlights across the city. Residents are being asked to provide feedback on the new lighting, which represents the latest advances in lighting technology, through the end

Initiative to Improve Quality & Reliability of Chicago’s Streetlights is Moving Forward

Mayor Rahm Emanuel today announced that an initiative to upgrade more than 270,000 of Chicago’s street, alley and park lights to more reliable and higher-quality lighting is proceeding to the final procurement stage. The Chicago Infrastructure Trust’s (CIT) Board of Directors this week  voted to approve the recommendation that nine companies continue to the Request for Proposals stage of the procurement. The nine “shortlisted” bidders

Mayor Emanuel Announces Chicago Home Buyer Assistance Program Is Accepting Applications

Mayor Rahm Emanuel and the Chicago Infrastructure Trust today announced the Chicago Home Buyer Assistance Program is now accepting applications from families and individuals looking to buy a home in Chicago or refinance an existing mortgage. The program helps make home ownership possible for working families and individuals by providing support for down payment and closing costs. “The Home Buyer Assistance Program is another important

Mayor Emanuel Announces Initiative to Improve Quality & Reliability of Chicago’s Streetlights

Mayor Rahm Emanuel today launched a major initiative to upgrade more than 270,000 of the city’s street, alley and park lights to more reliable and higher-quality lighting. Over the next four years the Chicago Smart Lighting Project will improve safety and quality-of-life in neighborhoods across Chicago by replacing nearly all of the city’s outdated and inefficient High Pressure Sodium (HPS) lamps. The project will be

Mayor Emanuel and Chicago Infrastructure Trust Announce Plans to Modernize City Lighting

Mayor Rahm Emanuel and the Chicago Infrastructure Trust (CIT) today released a Request for Information (RFI) for the Chicago Smart Lighting Project, which seeks to update the City of Chicago’s electric lighting infrastructure. The goal of the Smart Lighting Project is to transition the City’s and Parks’ lighting to LED technology and to replace outdated infrastructure to achieve efficiencies, cost savings, and improved performance. A

Illinois and Chicago Top Clean-Tech Index

The City of Chicago now ranks among the Top 10 metro areas with regard to clean technology leadership, according to an annual report compiled by the U.S. Clean Leadership Index. Previously, the City was listed in 12th place. According to the report, cited in an article by Crain’s Chicago Business, the City’s ranking improved because of improvement in investment, innovation and workforce,” crediting Mayor Rahm

Trust Introduces Housing Initiative at Community Development Forum

The Chicago Infrastructure Trust publicly introduced its Housing initiative at a community development forum hosted by Housing Action Illinois on May 5, 2015 in Chicago, an event supported by Wells Fargo Bank. The New Chicago Bungalow: A Flexible, Affordable and Sustainable Archetype for 21st Century Chicago was paneled by: – Catherine Baker, Landon Bone Baker Architects – Andrew Geer, Enterprise Community Partners – Bryan Esenberg, City of

Trust Wins CDFA Excellence Award for Municipal Buildings Retrofit

The Illinois chapter of the Council of Development Finance Agencies (“CDFA”) has bestowed the Chicago Infrastructure Trust with an Excellence Award related to the Municipal Buildings Retrofit initiative. “Each year CDFA is proud to honor excellence in development finance. The work of our award winners is cutting-edge, innovative, and an example of best practices in our industry,” said Toby Rittner, CDFA President & CEO. Through

Municipal Buildings Retrofit Wins Energy Efficiency Award

The Municipal Buildings Retrofit, as part of Mayor Emanuel’s Sustainable Chicago 2015 Action Agenda, has been awarded the Midwest Energy Efficiency Alliance’s (MEEA) 2015 Inspiring Efficiency Impact Award. “Retrofit Chicago strengthens Chicago by accelerating energy efficiency across the city,” said Karen Weigert, chief sustainability officer with the City of Chicago. “Retrofit Chicago works with multiple partners to make it easier for residents and businesses to