Illinois quick hits: Pritzker praises credit upgrade; Cook County approves $20M quantum grant
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.
Chance Showers And Thunderstorms then Showers And Thunderstorms Likely
Latest News Stories
Meeting Summary and Briefs: Green Garden Township Board for August 11, 2025
Illinois quick hits: Fatal crash involved Guatemalan national; tentative Chicago firefighters contract
WATCH: Sonya Massey bill requiring full employment history for police candidates now law
Chicago group says Illinois officials break laws as they blast Trump
Pritzker continues fielding presidential question ahead of State Fair rally
WATCH: Illinois In Focus Daily | Tuesday Aug. 12th, 2025
About Us
Everyday Economics: CPI takes center stage as tariff-driven price pressures mount
Net negative migration is harmful to the economy, economists say
Details pending on billions in foreign investments coming from trade deals
Will County Health Department Seeks $1 Million to Avert ‘Drastic’ Service Cuts from Expiring Grants
Will County’s “First-in-Nation” Veterans Center to House Workforce Services, Sparking Debate
Improved Vendor Service Creates $1.2 Million Shortfall in Sheriff’s Medical Budget
Will County Public Works Committee Unveils 25-Year Transportation Plan, Projects $258 Million Gap
