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Data shows Illinois lags behind nation in opportunity zone investment

(The Center Square) – A program designed to award tax breaks in an effort to drive investment in low-income communities is not catching on in Illinois as it is elsewhere. ....

University Of Illinois , United States , Center Square , Kenan Fikri , Michelle Layser , Economic Innovation Group , University Of Illinois Extension , Na University Of Illinois , Tax Cuts , Jobs Act , Illinois Extension , The Economy , Evenue Services ,

Data shows Illinois lags behind nation in opportunity zone investment

(The Center Square) – A program designed to award tax breaks in an effort to drive investment in low-income communities is not catching on in Illinois as it is elsewhere. Opportunity zones were established under the Tax. ....

University Of Illinois , United States , Center Square , Michelle Layser , Kenan Fikri , Na University Of Illinois , Economic Innovation Group , University Of Illinois Extension , Tax Cuts , Jobs Act , Illinois Extension ,

Historical context for housing crisis | WTAX 93.5FM/1240AM


4 hours ago
in Local
Photo: Shutterstock
Covid 19 has brought us an unpleasant blast from the past, recalling the housing crisis of 2008.
The pandemic has put a harsh spotlight on this, says Andrew Greenlee, an associate professor in the UI Department of Urban and Regional Planning.
“We will have to accept there is going to be a new normal, which presents us with unique opportunities, such as (to ask oneself) ‘how to reprioritize,” Greenlee says.
Michelle Layser, an assistant professor of law at Illinois, says there could be another wave of evictions: “Many people are behind on rent, and we have policies in place that have mitigated the immediate harm. But, in time. those payments are going to become due, and eviction freezes will lift, and, unless we have policies in place that can help get those people up to date on their rent, we could see evictions at a scale that we haven’t seen in years.” ....

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