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Revitalize Local Businesses and Neighborhoods

Thriving commercial corridors support local communities across Chicago and Cook County.  Prior to the pandemic, however, many corridors struggled.  As Chicago emerges from the pandemic and local communities confront a new economic landscape, a strong coalition of stakeholders is needed to advocate for policies and initiatives which will revitalize, empower and connect commercial corridors and neighborhoods.

  • Advocacy Initiatives:
    • Reduce Commercial Vacancies:  We are advocating for an ordinance that will reduce commercial vacancies in struggling Cook County commercial corridors.  One line and the ordinance
    • Encourage Local Investment: We are researching and formulating policies that will encourage local investment in local businesses and neighborhoods
    • Reduce Red Tape:  We are formulating policies to reduce red tape which impacts small businesses in struggling commercial corridors

Check out the full Neighborhood Revitalization Coalition (NRC) website here.

Insights Archive

Property Tax Reform

By patti@sbacil.org | December 1, 2020

Citizens Empowerment Act The state of Illinois has the second highest property taxes in the US. Property taxes are a huge burden on Illinois residents and small businesses, and often drive people out of the state. Illinois also has 6,918 local units of government, according to the latest Census Bureau data, which is more than…

Make Minority Contracting Reforms Now

By steve@sbacil.org | November 25, 2020

The COVID-19 pandemic has had a devastating impact on the small business community. With businesses struggling, government contracts are even more important to many small businesses, including minority owned businesses with limited cash reserves and access to capital. The failure of governmental entities at all levels to ensure that minority businesses receive a fair share…

Urge Politicians to Make PPP Loans Deductible

By steve@sbacil.org | November 24, 2020

ACTION CALL: Urge Politicians to Make PPP Loans Deductible to Support Small Businesses The Paycheck Protection Program Flexibility Act of 2020, or PPP, was passed in order to provide small businesses across the United States crucial relief during widespread government shutdowns due to the COVID-19 pandemic. These loans can be forgivable when proceeds are used…

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