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.
Partly Sunny then Chance Showers And Thunderstorms
Latest News Stories
JJC Board Meeting Halted by Lack of Quorum; New Student Trustee Sworn In
Johnson, municipal leaders statewide clash with Pritzker over local funding cuts
Democrats ‘Red to Blue’ targets 18 seats in 12 states in November
Frankfort Village Board Adopts $61.8 Million Budget for Fiscal Year 2027
Illinois bill would force employers to pay employees regular wages for jury duty
VA suicide screening doubles after watchdog found mass failures
Trump says Iran agrees to no nuclear weapon, claims deal is close
Democrats call on Lutnick to resign over Epstein ties
Texas congressional delegation calls for federal investigation into H-1B visa fraud
Foxx: Prosecutors’ ‘silence’ on murder exonerations doesn’t mean ‘innocent’
Illinois Quick Hits: ISU union workers reach deal, return to work
Trump’s Iran objective moves from ‘surrender’ to nuclear deal
