Archive for ‘Initiatives’

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Project will improve safety and quality-of-life in neighborhoods across Chicago by replacing nearly all of the city’s outdated and inefficient High Pressure Sodium (HPS) lamps.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

Project Seeks to Revamp City Street Lighting Fixtures and Infrastructure and Chicago Park District Pathway Lighting Without Additional Taxpayer Funds 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

Trust Updates Housing Initiative to FIT Homes

Over the next 10 years, the Trust plans to build 1,000 “FIT (Finding Innovation Together) Homes” on vacant lots spread across the City of Chicago. The full FIT Homes Initiative can be found at http://www.fithomes.org.   For its first two homes, the Trust will solicit cost-effective and innovative housing design proposals through a design-build competition. At the end of 2014, the Trust secured funding from Strides for

Trust Launches Open Bidding Process for Metal Reclamation Initiative

The Chicago Infrastructure Trust has launched a Competitive Open Bidding Process for its Metal Reclamation initiative. It follows receipt of an unsolicited proposal to extract metal from City and Chicago Park District land and with the assurance that the land will be returned to its pre-project and/or enhanced state and provide a revenue stream to the City/Trust. Any party that wishes to offer its proposal for this

Responses to CNG Open Bid Q&A Now Available

The Chicago Infrastructure Trust has released responses to the questions submitted on behalf of the Compressed Natural Gas (“CNG”) Open Bid Proposal, released on April 8, 2015. Please click here to view the responses. Please note that proposals are due on or before Friday, May 29, 2015 at 5PM CST.

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