Finance

Cook County Expands Down Payment Assistance Program with $8.6 Million Boost

Cook County Expands Down Payment Assistance Program with $8.6 Million Boost

CHICAGO — Cook County is stepping up its efforts to make homeownership more accessible by adding $8.6 million in funding to its Down Payment ...

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Chicago Transit Agencies Ordered to Prepare Two Budgets for 2026 Amid $771M Shortfall

Chicago Transit Agencies Ordered to Prepare Two Budgets for 2026 Amid $771M Shortfall

CHICAGO — Facing a projected $771 million budget shortfall, the Regional Transportation Authority (RTA) has instructed Chicago’s three main transit agencies — Metra, the ...

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Chicago Atlantic Declares $0.47 Dividend for Q2, Reinforcing Commitment to Shareholders

Chicago Atlantic Declares $0.47 Dividend for Q2, Reinforcing Commitment to Shareholders

CHICAGO — Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI), a leading commercial mortgage real estate investment trust (REIT), has declared a regular quarterly ...

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Illinois Report Reveals $2.5 Billion Projected Migrant Spending by 2025

Illinois Report Reveals $2.5 Billion Projected Migrant Spending by 2025

ILLINOIS — A new fiscal report has ignited statewide debate after revealing that Illinois is projected to spend $2.5 billion on migrant-related services by ...

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Illinois Faces New Wave of Pension Sweeteners for First Responders, Sparking Taxpayer Backlash

Illinois Faces New Wave of Pension Sweeteners for First Responders, Sparking Taxpayer Backlash

ILLINOIS — A controversial pension bill passed by the Illinois General Assembly is drawing sharp criticism from fiscal watchdogs and residents who fear it ...

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Pritzker’s Role Under Scrutiny as Chicago Faces Mounting Debt and Pension Pressure

Pritzker’s Role Under Scrutiny as Chicago Faces Mounting Debt and Pension Pressure

ILLINOIS — With Chicago already holding the title for the nation’s most severe debt crisis, critics are raising alarm over proposed new policies that ...

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Illinois Medicaid Spending on Undocumented Seniors Hits $623 Million After Lawmaker Predicted $2 Million

Illinois Medicaid Spending on Undocumented Seniors Hits $623 Million After Lawmaker Predicted $2 Million

ILLINOIS — A 2020 promise that healthcare for undocumented seniors would cost Illinois just $2 million per year has proven dramatically inaccurate, with state ...

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Illinois Budget Adds Retroactive Tax on Foreign Profits Targeting Corporations Through GILTI Rule

Illinois Budget Adds Retroactive Tax on Foreign Profits Targeting Corporations Through GILTI Rule

ILLINOIS — A controversial tax provision in Illinois’ newly passed budget would impose a retroactive tax on foreign corporate profits starting in tax year ...

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Chicago Condo Listing Prompts Concerns Over Property Taxes and HOA Fees

Chicago Condo Listing Prompts Concerns Over Property Taxes and HOA Fees

CHICAGO — A 2-bedroom, 2-bath condo listed for $135,000 in Chicago’s South Shore neighborhood has gone viral — not for its affordability, but for ...

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Illinois Dead Last in Economic Health Rankings for 2025

Illinois Dead Last in Economic Health Rankings for 2025

ILLINOIS — In a sobering report that could impact both policy perception and political futures, Illinois has been ranked 51st out of 51 for ...

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