Chicago mayoral candidate and progressive Ald. Bob Fioretti (2nd) is puting a spotlight on the controversial, mayor-backed $55 million tax increment financing project for a new Marriott hotel near McCormick Place.
A day after taking office, Chicago Treasurer Kurt Summers hit the ground running launching a 77 communities in 77 days listening tour throughout the city.
That tour brought Summers to the Bronzeville neighborhood last week, where he met with residents and business owners to discuss black communities getting a slice of the $50 billion fiscal pie the city has to invest each year. Summers spoke to a group of 50 at the Bronzeville Visitor Information Center, located at 3501 S. King Dr.
Summers told the crowd that his office manages a combined $50 billion in investments as well as employee pension funds and retirement plans. He said he would like to see some of that money invested in neighborhoods like Bronzeville.
"I don't view a neighborhood investment strategy as a risky strategy," said Summers, a product of Bronzeville. "I don't view that as any more risky than investing in Korea's debt, which we do, or investing in a cement company in Mexico. I don't believe investing in Bronzeville is any riskier than that."
The "state of the arts" in the Chicago Public Schools district has improved over the past two academic years, but there remains much work ahead to ensure all students have access to quality arts instruction, according to a recent report by Ingenuity Inc., a Chicago-based arts education advocacy organization.
For the report issued last week, Ingenuity examined the progress that's been made towards the goals and recommendations in the city's three-year CPS Arts Education Plan, which was approved by the Chicago Board of Education in November of 2012 and made arts a core subject.
Over the first two academic years under the plan, "growth was seen in almost all categories of arts instruction, including minutes of weekly instruction, staffing, arts integration and professional development, and number of arts partnerships," the report reads.