More than $115 Million in TIF Assistance Approved for 20 Chicago Public Schools

July 20, 2022

312-744-9267

Twenty Chicago Public Schools facilities will receive $119 million in Tax Increment Financing (TIF) support for capital improvement projects through intergovernmental agreements approved by City Council today.

Under the Approved TIF funding agreements:

  • Perkins Bass Elementary School, at 1140 W. 66th St. in Englewood, will receive $2 million from the Englewood Neighborhood TIF for a roof replacement, window replacement and masonry repairs. CPS will fund the remainder of the $4 million project costs.
  • Calmeca Academy of Fine Arts and Dual Language, at 3456 W. 38th St. in Brighton Park, will receive $2.4 million from the Stevenson/Brighton TIF for a new artificial turf soccer field, running track and one-way road.
  • Henry R. Clissold Elementary School, at 2350 W. 110th Place in Morgan Park, will receive $2 million from the Western Avenue/Rock Island TIF for a roof replacement and masonry repairs. CPS will fund the remainder of the $4.22 million project costs.
  • Charles R. Darwin Elementary School, at 3116 W. Belden Ave. in Logan Square, will receive $10.13 million from the Fullerton/Milwaukee TIF for a roof replacement and plumbing system replacement. CPS will fund the remainder of the $14.984 million project costs.
  • Robert Nathaniel Dett Elementary School, at 2131 W. Monroe St. on the Near West Side, will receive $37.5 million from the Central West TIF for the construction of a new 17,750-square-foot gym annex, accessibility improvements, a new PA system and mechanical and plumbing upgrades.
  • James B. Farnsworth Elementary School, at 5414 N. Linder Ave. in North Lawndale, will receive $1.6 million from the Elston/Armstrong TIF for building refurbishments.
  • Franklin Elementary Fine Arts Center, at 225 W. Evergreen Ave. on the Near North Side, will receive $2.86 million from the Near North TIF for plumbing system replacement.
  • Frazier International Magnet School, at 4027 W. Grenshaw St. in North Lawndale, will receive $6 million from the Midwest TIF for exterior renovations and interior finishes addressing water infiltration.
  • Frederick Funston Elementary School, at 2010 N. Central Park Ave. in Logan Square, will receive $1.655 million from the Fullerton/Milwaukee TIF for replacement of building automation system controls and related repairs.
  • Hanson Park Elementary School, at 5411 W. Fullerton Ave. in Belmont Cragin, will receive $1.66 million from the Galewood/Armitage TIF for exterior renovations.
  • Charles N. Holden Elementary School, at 1104 W. 31st St. in Bridgeport, will receive $3.74 million from the 35th/Halsted TIF for a new elevator, accessible bathrooms, and exterior improvements.
  • Hope Learning Academy, at 1628 W. Washington Blvd. on the Near West Side, will receive $11.51 million from the Central West TIF for a roof replacement and masonry repairs.
  • George Manierre Elementary School, at 1420 N. Hudson Ave. on the Near North Side, will receive $6.952 million from the Near North TIF for a roof replacement, masonry repairs and replaced plumbing, mechanical and fire alarm systems.
  • Stephen T. Mather High School, at 5835 N. Lincoln Ave. in West Ridge, will receive $1.298 million from the Lincoln Avenue TIF to replace the school's fire alarm system.
  • Morton School of Excellence, at 431 N. Troy St. in Humboldt Park, will receive $3.1 million from the Kinzie Industrial Corridor TIF for a roof replacement, exterior renovations and interior repairs addressing water infiltration. CPS will fund the remainder of the $3.746 million project costs.
  • Manuel Perez Elementary School, at 1241 W. 19th St. on the Lower West Side, will receive $1 million from the Pilsen Industrial Corridor TIF for exterior renovations and masonry repairs. CPS will fund the remainder of the $2 million project costs.
  • Skinner North Classical School, at 640 W. Scott St. on the Near North Side, will receive $5.75 million from the Near North TIF for a mechanical system replacement.
  • Southside Occupational Academy High School, at 7342 S. Hoyne Ave. in West Englewood, will receive $1.845 million from the Greater Southwest TIF for a mechanical system replacement.
  • John A. Walsh Elementary School, at 2015 S. Peoria St. on the Lower West Side, will receive $3.5 million from the Pilsen Industrial Corridor TIF for a roof replacement and masonry repairs.
  • Whitney M. Young Magnet High School, at 211 S. Laflin St. on the Near West Side, will receive $12.42 million from the Central West TIF for a roof replacement, masonry repairs, exterior renovations, and an upgraded building automation system. CPS will fund the remainder of the $17.99 million project costs.

Except where noted, the TIF funding will pay for the entirety of project costs.

Chicago’s TIF program allocates property tax growth within designated TIF districts for public improvement projects, affordable housing, economic development, and other goals.

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