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News items related to Invest SouthWest

Artists in Residence in four INVEST South/West neighborhoods - Auburn Gresham Selected Dorian Sylvain!

Mayor Lightfoot announced the artist residence program in four neighborhoods on the south and west sides. artists were selected through a community led process. This will lead to public art and cultural programs for Auburn Gresham, Austin, Englewood and new city back of the yards!

AUBURN GRESHAM SAYS THANK YOU TOO AS-- Mayor Lightfoot Celebrates Accomplishments of Invest South/West on One-Year Anniversary!

AUBURN GRESHAM SAYS THANK YOU and LET'S GET STARTED! AS Mayor’s signature initiative has laid the foundation for equitable, long-term economic development in 10 South and West Side communities and catalyzed nearly $400 million of committed investment. 

CDFI Fund Announces More Than $3.5 Billion in New Markets Tax Credits

Washington-- The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced $3,548,485,000 in New Markets Tax Credits today that will spur investment and economic growth in low-income urban and rural communities nationwide. A total of 76 Community Development Entities (CDEs) were awarded tax credit allocations, made through the calendar year (CY) 2019 round of the New Markets Tax Credit Program (NMTC Program).

Invest SouthWest Proposed Community Plans

DPD and the Department of Cultural Affairs and Special Events (DCASE) hosted events  across the South and West sides to launch INVEST South/West. The family-friendly events where well attended and included a  broad overview of the initiative, performances by local artists, and an open house with planning exercises for each community area, youth activities and food from local chefs.

Mission

To foster and promote revitalization of the community by designing and implementing programs that improve the community’s economic viability; increase availability of quality housing to people of different income levels, while maintaining and improving existing affordable housing; and enhance delivery of social services, particularly to senior citizens.

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