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The empowerment zone employment credit provides businesses with an incentive to hire individuals who both live and work in an empowerment zone. (An exception applies to the Washington, DC empowerment zone. Individuals who work in the Washington, DC empowerment zone may live anywhere in the District of Columbia.) You can claim the credit if you ...
The renewal community employment credit provides businesses with an incentive to hire individuals who both live and work in a renewal community. Employers can claim the credit if they pay or incur “qualified zone wages” to a “qualified zone employee”. The credit is for wages paid or incurred after 2001. The credit is 15% of the ...
On November 7, 2002, the City of Chicago Empowerment Zone/Enterprise Community Coordinating Council voted and recommended to Mayor Richard M. Daley to award a grant of $250,000 to the CBHA for the purpose of constructing new single-family and "two-flat" homes in the Englewood district of Chicago, as part of an Enterprise Community Zone. The ...
The city of Chicago is divided into 77 community areas for statistical and planning purposes. Census data and other statistics are tied to the areas, which serve as the basis for a variety of urban planning initiatives on both the local and regional levels. The areas' boundaries do not generally change, allowing comparisons of statistics across ...
The Chicago metropolitan area, also referred to as the Greater Chicago Area and Chicagoland, is the largest metropolitan statistical area in the U.S. state of Illinois, and the Midwest, containing the City of Chicago along with its surrounding suburbs and satellite cities. Encompassing 10,286 square mi (28,120 km 2), the metropolitan area ...
Cost. $7 billion. Size. 62 acres (25 ha) Map of The 78 highlighted in red. The 78 is a development in Chicago that will consist of several office and residential towers, high-rises, and will also include a riverwalk. [1] The name "The 78" refers to the existing 77 community areas in Chicago and the mega-development is to increase that number by ...
Albany Park (/ ˈ ɔː l b ə n i / ⓘ AWL-bə-nee) is one of 77 well-defined community areas of Chicago.Located on the Northwest Side of the City of Chicago with the North Branch of the Chicago River forming its east and north boundaries, it includes the ethnically diverse Albany Park neighborhood, with one of the highest percentages of foreign-born residents of any Chicago neighborhood.
Chicago and its suburbs is home to 35 Fortune 500 companies and is a transportation and distribution center. Manufacturing, printing, publishing, insurance, transportation, financial trading and services, and food processing also play major roles in the city's economy. The total economic output of Chicago in gross metropolitan product totaled ...