Illinois quick hits: Pritzker praises credit upgrade; Cook County approves $20M quantum grant

Illinois quick hits: Pritzker praises credit upgrade; Cook County approves $20M quantum grant

October 23, 2025/
Spread the love

By Jim Talamonti | The Center Square
The Center Square

Pritzker praises credit upgrade

Moody’s Investors Service has upgraded Illinois’ credit rating to A2 for the state’s general obligation bonds.

Gov. J.B. Pritzker celebrated the news, saying it reflected the state’s continued commitment to growing the economy and maintaining fiscal stability.

News of the upgrade comes exactly one month after Pritzker ordered state agencies to identify efficiencies and reductions.

Cook County approves $20M quantum grant

The Cook County Board of Commissioners have approved a $20 million grant to the University of Illinois Board of Trustees to fund costs associated with the purchase and installation of a cryogenic facility at PsiQuantum, the anchor tenant of the Illinois Quantum and Microelectronics Park.

PsiQuantum has received hundreds of millions of dollars in tax incentives from Illinois, Cook County and city of Chicago governments.

Building initiative applications open

The Illinois Housing Development Authority and the Local Initiatives Support Corporation announced that individuals may now apply to be part of the 2026 class of the Next Gen Capacity Building Initiative.

The program is designed for emerging developers to gain knowledge in the Low-Income Housing Tax Credit industry. Next Gen applications will be accepted through Dec. 4.

Leave a Comment





Latest News Stories

New York, New Jersey sue feds over Hudson Tunnel funding cuts

New York, New Jersey sue feds over Hudson Tunnel funding cuts

By Christen SmithThe Center Square New York and New Jersey are taking the Trump administration to court over its move to "illegally" claw back $15 billion in federal funding for...
Parents sound alarm over Illinois high school voter registration bill

Parents sound alarm over Illinois high school voter registration bill

By Catrina BarkerThe Center Square A proposal backed by Illinois Democrats to expand voter registration opportunities for high school students is raising concerns among some parents and education advocates, who...
Illinois Quick Hits: Violent Crime down, arrest rates up in Chicago

Illinois Quick Hits: Violent Crime down, arrest rates up in Chicago

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – New research from the Illinois Policy Institute shows that violent crime declined in nearly 90% of Chicago’s...
Judicial manual pushes climate agenda, critics say

Judicial manual pushes climate agenda, critics say

By Emily Rodriguez and Andrew RiceThe Center Square The Federal Judicial Center, the judiciary’s research and education branch, provided a manual for judges based on policies preferential to climate activists,...
Meeting Briefs

Meeting Summary and Briefs: Will County Planning and Zoning Commission for Jan. 20, 2026

Will County P&Z Commission Meeting | Jan. 20, 2026 The Will County Planning and Zoning Commission met on Tuesday, January 20, 2026, to adjudicate a series of zoning variances and...
Jail Fight

Three Charged After Pitcher Attack Sparks Fight at Will County Jail

Article Summary: A fight involving six inmates broke out at the Will County Adult Detention Facility on Sunday afternoon, requiring intervention by the Emergency Response Team. Authorities have charged three...
summit-hill-junior-high-school-frankfort-161

Deniz Aslan Named Director of Curriculum and Instruction

Summit Hill School District 161 Meeting | Jan. 21, 2026 Article Summary: After serving as the interim director, Deniz Aslan was officially hired as the Director of Curriculum and Instruction...
Palatine teacher fired over anti-BLM posts turns to SCOTUS

Palatine teacher fired over anti-BLM posts turns to SCOTUS

By Jonathan Bilyk | Legal NewslineThe Center Square A former Palatine High School teacher who was fired for posting anti-Black Lives Matter content to her personal Facebook page has asked...
Attorneys seek to remove prosecutors in Tyler Robinson trial

Attorneys seek to remove prosecutors in Tyler Robinson trial

By Dave MasonThe Center Square Utah County Attorney Jeff Gray stressed his decisions on defendant Tyler Robinson – including his intention to seek the death penalty if Robinson is convicted...
Plastic surgeons recommend delaying gender surgery until 19

Plastic surgeons recommend delaying gender surgery until 19

By Brett RowlandThe Center Square The American Society of Plastic Surgeons on Tuesday recommended delaying gender-related surgery for those 19 and younger, given low-quality data and emerging concerns about surgical...
Congress begins two-week battle over DHS funding bill

Congress begins two-week battle over DHS funding bill

By Thérèse BoudreauxThe Center Square U.S. lawmakers face a rocky path forward as they begin negotiations over the last remaining appropriations bill for fiscal year 2026. During the next two...
Chicago mayor defends ICE order, calls for progressive revenue from state taxpayers

Chicago mayor defends ICE order, calls for progressive revenue from state taxpayers

By Jim TalamontiThe Center Square Chicago Mayor Brandon Johnson has clarified his stance about the Cook County State’s Attorney’s support for his executive order directing police to refer federal immigration...
Unrealized Education Department cuts cost taxpayers up to $38 million

Unrealized Education Department cuts cost taxpayers up to $38 million

By Brett RowlandThe Center Square A watchdog report found that an unrealized plan to cut U.S. Department of Education staff cost taxpayers up to $38 million, as many workers were...
Illinois Quick Hits: Illinois to join WHO's alert network

Illinois Quick Hits: Illinois to join WHO’s alert network

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker says Illinois is joining the World Health Organization’s Global Outbreak Alert and Response Network....
GOP candidates for Illinois governor challenge Pritzker on state finances

GOP candidates for Illinois governor challenge Pritzker on state finances

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker has proposed ways for Illinois to better fund pensions, but one of the governor’s...