NW Suburb Gets Grant For Riverfront Face-Lift

ELGIN, Ill. (AP) – A northwest suburban Chicago community will receive $8 million in state money to help revitalize its urban riverfront.

LISTEN: Newsradio 780’s Michele Fiore Reports

Elgin Mayor Ed Schock says the money will enable his city to push ahead with a long-planned project along the Fox River. The hope is that the waterfront revitalization will, in turn, encourage other development.

The money comes in the form of a so called River Edge Redevelopment grant that’s part of the Illinois Jobs Now! capital program. It’s administered by the Illinois Department of Commerce and Economic Opportunity.

The River Edge Redevelopment Zone program also offers tax incentives. Elgin, Rockford, Aurora and East St. Louis have all been approved as River Edge Redevelopment Zones.

© 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • john

    The state is $13 billions in debt, cannot pay its suppliers for needed service but it can find the money to do this.

  • Meredith

    The state is cutting education and social services due to lack of funds, but can send $8M to a riverboat community? Why doesn’t the Grand Victoria pay for that??

  • ryan

    well at least the bums will have a nice place to sleep. downtown elgin is a dump.

    • Denoosh KIng

      Ryan obviously doesn’t know what he is talking about the downtown is far from a dump// take a ride sometime you may be surprised

  • http://www.rvtimes.ca/rv-blog-news/lastest-hope-river-news-26/ Lastest Hope River News

    […] will receive $ 8 million in state money to help revitalize its urban riverfront. Read more on CBS 2 Chicago Share and […]

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