Finance Committee backs $425 million in tax subsidies for infrastructure near new Chicago Fire stadium

Source CBS Local
Original Load Date July 13, 2026, 5 p.m.
Last Updated July 13, 2026, 5 p.m.
Original URL https://www.cbsnews.com/chicago/news/finance-committee-vote-tif-funds-chicago-fire-stadium-infrastructure/

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The City Council Finance Committee on Monday backed a plan to spend $425 million in taxpayer funds for new roads, utilities, and other infrastructure supporting Chicago Fire FC's new South Loop stadium in the megaproject known as The 78. The tax increment financing money, also known as TIF funds, w...