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
Latest News Stories
Illinois quick hits: Southwest to lay off 107 as O’Hare service ends
State House passes 133 bills, many potential impacts for Illinoisans
Forest Preserve District Advances Major Extensions and Repairs on Plum Creek Greenway Trail in Crete Township
Will County Survey Reveals Widespread AI Use as IT Drafts Governance Policy
Meeting Summary and Briefs: Will County Board for March 19, 2026
AARP Urges Will County to Ban Cryptocurrency Kiosks Amid Exploding Senior Fraud Rates
Will County Approves $2.9 Million Engineering Contract for Bluff Road Reconstruction in Channahon
Sunny Hill Nursing Home Implements Enhanced Infection Control and Safety Measures
Consultant Updates Finance Committee on Homer Glen Police Cost Study
Frankfort Approves New Employment Agreement for Village Administrator John Burica
Fish fight: action-packed eagle pic wins March photo contest
Illinois State Police Investigating Fatal Officer-Involved Shooting in Bradley
Fire Department Responds to Monee Car Fire
New Lenox Firefighters Extinguish Garage Fire, Rescue Pets on Somerset Court
