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.

More Stories
Weather Full forecast →
Today Jul 21
Mostly Sunny
74° 55°

Mostly Sunny

💨 10 mph 💧 1%
Data: National Weather Service • Updated Jul 22, 2:23 PM Full Forecast →
Site Sections

Leave a Comment





Latest News Stories

Mullin reveals 250k non-citizens registered to vote in just four states

Mullin reveals 250k non-citizens registered to vote in just four states

By Sarah Roderick-FitchThe Center Square Following allegations of foreign adversaries meddling in U.S. elections during a primetime address Thursday by President Donald Trump, Homeland Security Secretary Markwayne Mullin laid out...
Walz again questions deportation of convicted sex offender

Walz again questions deportation of convicted sex offender

By Elyse ApelThe Center Square Minnesota Gov. Tim Walz is once again defending a criminal illegal immigrant who was deported by the Trump administration. In a press conference earlier this...
Trump calls out Michigan elections in primetime address

Trump calls out Michigan elections in primetime address

By Elyse ApelThe Center Square President Donald Trump made the accusation of election fraud in Michigan during a primetime address Thursday night. Trump referenced potential election crimes during the 2020...
OBGYN group leader says she posed as teen, ordered abortion drug via mail

OBGYN group leader says she posed as teen, ordered abortion drug via mail

By Tate RosentreterThe Center Square An organization of pro-life OBGYNs is calling on Congress to end the mail-order abortion system after the group’s CEO said she posed as a 13-year-old...
Secretary of State dismisses calls for clarity on migrant's license status

Secretary of State dismisses calls for clarity on migrant’s license status

By Sean Reed | The Center SquareThe Center Square (The Center Square) – The Illinois Secretary of State is pushing back against claims from conservatives that his department has issued...
Illinois news in brief: Prosecutors indict felon on pretrial release for fentanyl trafficking; Rockford men charged after child abuse investigation; Cairo bridge to reopen

Illinois news in brief: Prosecutors indict felon on pretrial release for fentanyl trafficking; Rockford men charged after child abuse investigation; Cairo bridge to reopen

By Jim Talamonti | The Center SquareThe Center Square Prosecutors indict felon on pretrial release for fentanyl trafficking A federal grand jury has indicted a Chicago man for allegedly trafficking...
Trump highlights election integrity threats, accuses China of meddling

Trump highlights election integrity threats, accuses China of meddling

By Sarah Roderick-FitchThe Center Square In a primetime address Thursday, President Donald Trump highlighted the need for election integrity while accusing China of meddling in U.S. elections, citing over a...
Judge calls for SCOTUS ‘benchslaps’ on Second Amendment cases

Judge calls for SCOTUS ‘benchslaps’ on Second Amendment cases

By Jonathan Bilyk | Legal NewslineThe Center Square (Legal Newsline) - A conservative federal appeals court judge has teed off once again on his left-wing judicial colleagues on the U.S....

WATCH: Washington candidates clash over Trump endorsement for House

By Carleen JohnsonThe Center Square As Central Washington voters begin filling out primary ballots as soon as this weekend, some may be a bit confused about who President Donald Trump...
Congressional candidates debate housing, immigration

Congressional candidates debate housing, immigration

By Andrew RiceThe Center Square Voters in Arizona will head to the polls Tuesday to make decisions in consequential congressional primaries that could determine the balance of power in Congress...
Med school dean questioned over antisemitism, DEI

Med school dean questioned over antisemitism, DEI

By Jim Talamonti | The Center SquareThe Center Square (The Center Squarre) – The interim dean of the University of Illinois College of Medicine testified before Congress that the school...
Illinois Quick Hits: Unemployment holds at 5.1% in Illinois

Illinois Quick Hits: Unemployment holds at 5.1% in Illinois

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Based on data from the U.S. Bureau of Labor Statistics, the Illinois Department of Employment Security says...
Ammons pleads not guilty, wants to delay House investigation

Ammons pleads not guilty, wants to delay House investigation

By Sean Reed | The Center SquareThe Center Square (The Center Square) — Illinois State Rep. Carrol Ammons, federally indicted on multiple charges of wire fraud, pleaded not guilty in...
Advocate calls for stronger IDOC oversight after payroll fraud guilty plea

Advocate calls for stronger IDOC oversight after payroll fraud guilty plea

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Calls for stronger oversight of the Illinois Department of Corrections are growing after a former department...
Illinois Quick Hits: FAFSA applications rise with increase in state taxpayer funding

Illinois Quick Hits: FAFSA applications rise with increase in state taxpayer funding

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – According to the National College Attainment Network’s Free Application for Federal Student Aid Tracker for the Class...