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Emanuel To Review TIF After Report Finds Preferential Treatment For Maggie Daley

via Alex Keefe, WBEZ

Chicago Mayor Rahm Emanuel said Wednesday he will review a city program that funnels public money to non-profits, after the city’s inspector general this week revealed that a group led by Chicago’s former first lady disproportionately benefited from the program.

But Emanuel stopped short of commenting in on the merits of the report, which found that After School Matters, founded by former Mayor Richard Daley’s wife, Maggie, may have received preferential treatment by the city.

The report by Inspector General Joseph Ferguson found After School Matters received $915,000 in subsidies through the city’s tax increment financing program, or TIF. The money comes from cash contributions made by companies who benefit from the TIF program.

Fifty-nine percent of TIF agreements that benefited non-profits between 1985 and 2009 went to After School Matters, the report found. But it said the city unilaterally decided which non-profits would get that money, and found that, when asked, city officials could not explain how non-profits were chosen for the benefit.

Continue Reading at WBEZ



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