Illinois Officials Review Applications for Enterprise Zones
Illinois law allows a limited number of zones each year that are aimed at improving conditions in economically depressed areas. Businesses there receive tax breaks, like an exemption for utility taxes.
The proposals are evaluated on several criteria, including a high vacancy rate of industrial or commercial buildings or being able to offer career skills programs at high schools…Please click here to read the Associated Press story on WSILTV.com.
South suburban applications include:
Cal Sag (Alsip, Blue Island, Calumet Park, Country Club Hills, Dixmoor, East Hazel Crest, Harvey, Hazel Crest, Homewood, Markham, Merrionette Park, Midlothian, Oak Forest, Phoenix, Robbins, Worth, Cook County)
Calumet (Calumet City, Dolton, Lansing, Riverdale, South Holland, Thornton, Cook County)
Lincoln & 394 Corridor (Beecher, Chicago Heights, Crete, Ford Heights, Glenwood, Olympia Fields, Sauk Village, South Chicago Heights, Steger, Cook County, and Will County) Collar Counties (Lake, McHenry, Kane, DuPage, Will) (5)
Will – Cook (Matteson, Monee, Park Forest, Richton Park, University Park, Will County, Cook County)