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.
Mostly Sunny then Showers And Thunderstorms Likely
Latest News Stories
Report: 2025 third most violent year on record for American Jews
Meeting Summary and Briefs: Joliet Junior College Board of Trustees for April 15, 2026
International human smuggling ring exploiting Canadian visa system thwarted by US
Frankfort Village Administrator Rob Piscia Retires After 40-Year Career; John Burica Appointed
Pro-life org: Informed consent for abortion pill impossible without doctor visit
Illinois Quick Hits: Swipe fee case returned to district court
Trump announces three-day ceasefire, prisoner swap between Russia, Ukraine
Bill to tax global profits from Illinois meets opposition protesting ‘double tax’
Analysis finds short-term stability, lack of long-term growth in state budget
WATCH: Let’s Go Washington launching initiative to repeal income tax
Ferguson first WA governor found in violation of ethics laws in over 30 years, state website shows
Court strikes tariff, Trump moves ahead with replacement
