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
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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
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
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