Cook County Board Approves Tax Incentives to Support Economic Growth

Lawndale News Chicago's Bilingual Newspaper - Business

Lawndale News Chicago's Bilingual Newspaper - Business

Cook County commissioners approved proposals by President Preckwinkle’s Bureau of Economic Development (BED) that will provide tax incentives to business in six suburban communities, as well as save and create jobs. A total of eight tax Incentives were approved in the following communities: Bedford Park (two), Bellwood, Bridgeview, Calumet City, Elk Grove Village, Franklin Park and Homewood. As a result of the redevelopment activities these incentives should yield an estimated 74 new private sector jobs created and 130 jobs retained. “Helping businesses create and retain good-paying jobs is a major focus of our economic development efforts,” said Cook County President Toni Preckwinkle. “The companies receiving these incentives have demonstrated their commitment to their communities and our residents, and deserve our assistance in growing their businesses.” For more about the tax incentive programs offered by the Cook County Bureau of Economic Development, go to www.cookcountyil.gov/economicdevelopment.

Comments are closed.