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LaSalle committee approves recommendation to apply for Illinois Opportunity Zone consideration
Summary
The LaSalle Economic Development Committee voted to recommend that the city apply to the Illinois Department of Commerce and Economic Opportunity to be considered for an Illinois Opportunity Zone; staff said applying signals interest and is census-tract–based, and no public hearing is required at this stage.
The LaSalle Economic Development Committee voted to recommend that the City Council proceed with an application to the Illinois Department of Commerce and Economic Opportunity (DCEO) to be considered for an Illinois Opportunity Zone.
Kirk told the committee that DCEO has reopened a time-limited process to nominate additional Opportunity Zones and that…
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