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
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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Project will improve safety and quality-of-life in neighborhoods across Chicago by replacing nearly all of the city’s outdated and inefficient High Pressure Sodium (HPS) lamps.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
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
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.
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
Mayor Rahm Emanuel today announced a $32.5 million deal, brokered by the Chicago Infrastructure Trust, with America’s four major wireless providers – T-Mobile, AT&T, Verizon, and Sprint – to finance a network modernization project for the Chicago Transit Authority (CTA) to upgrade the wireless network in the City’s subway system. T-Mobile, AT&T, Verizon, and Sprint have collectively agreed to fund the entire upgrade related to
The Chicago Infrastructure Trust is pleased to welcome Michael Nicholas as Managing Director. He will provide financing, project management and relationship-building expertise to the Trust. Previously, Michael served in a variety of senior finance and strategy roles in the restaurant, retail and consulting industries. He has extensive experience in capital raising, operational finance, planning & budgeting, project management, board governance and restructuring/bankruptcy. Additionally, Charisse Conanan
The Chicago Infrastructure Trust has finalized an agreement with the National Renewable Energy Lab (NREL) that solidifies a working relationship in which the latter’s Clean Cities Technical Assistance (Tiger Team) will provide pro bono consulting services to the Trust over the next six months. Specifically, the Tiger Team will provide the Trust with dedicated technical and analytical alternative fuel expertise for its Compressed Natural Gas (CNG)
The Chicago Infrastructure Trust has announced the receipt of two, separate unsolicited proposals to implement Combined Heat and Power (CHP) systems throughout the City. As per the Trust’s Contracting Manual, an Open Bidding Process has been initiated, and any alternative proposals are due by October 24, 2014 at 9AM CT.
On August 11, 2014, the Chicago Infrastructure Trust relocated its headquarters from the Merchandise Mart to the historic Jewelers’ Building at 35 East Wacker Drive, Suite 1450, a map of which is available here. Additionally, the Trust is pleased to welcome Mike Miretti, Managing Director, and Rhea Coleman, Office Manager, as its newest full time employees.