The Chicago Infrastructure Trust was created in April 2012 by executive order of Mayor Emanuel and City Council resolution. The Trust’s purpose is to assist the people of the City of Chicago, the City government and its sister agencies in providing alternative financing and project delivery options for transformative infrastructure projects.
To better understand the Trust, we need to be on the same page regarding what’s infrastructure. For our purposes, infrastructure is the basic physical and organizational structures needed for the operation of a society or enterprise. These can be further divided into “hard” and “soft” infrastructure.