Chico and Nunes helps with TIF Grant for Mobile Home project
With the help of Chico and Nunes, a mobile-home park on Chicago's Southeast side is getting a $257 million makeover. On June 10, 2008, the Chicago Development Commission voted unanimously to approve the Tax-Increment Financing (TIF) grant. A City panel signed off on a $26.5 million subsidy to help finance a 953 unit residential development, which is replacing the last mobile home park in Chicago.