COOK COUNTY PROGRAMS

To make it easier for businesses and municipalities located in suburban Cook County to access county resources, enterpriz has assigned responsibility for all county programs to regional managers:

Southern Cook County

Bill Browne

312.603.0143

wabrowne@enterpriz.org

Northern Cook County

Tom Alexander

312.603.0141

talexander@enterpriz.org

PROPERTY TAX INCENTIVES

Contact: Gwen Thomas, 312.603.5331

Class 6b—Industrial Development

Up to 50 percent reduction in manufacturing, warehousing or distribution company’s total property tax bill for 12 years. Renewable.

Class 6c—Environmental Cleanup and Development

Up to 50 percent reduction in property taxes for 12 years. For commercial and industrial redevelopment of brownfields. May be combined with Class 6b or Class 8 incentives.

Class 7a and 7b—Commercial Development

Up to 50 percent reduction in a company’s total property tax bill for 12 years. For projects in redevelopment areas..

Class 8—Industrial or Commercial Development

Up to 50 percent reduction in a company’s total property tax bill for 12 years. For facilities in areas in need of substantial revitalization.

Class 9—Multifamily residential development

Up to 50 percent reduction in an owner’s total property tax bill for 10 years. Renewable. Available for rental buildings in any area of Cook County.

Class L—Industrial or Commercial Development

Up to 50 percent reduction in property taxes for 12 years. For commercial or industrial rehabilitation of landmark buildings. Renewable.

FINANCING AND GRANTS

Contact Bud Stoka, 312.603.1031

Business Loan Fund

Low interest business loans from $25,000 to $300,000. One half of prime rate. No points. Low and moderate-income persons must fill a minimum of 51 percent of jobs.

Industrial Revenue Bonds

Below market financing for industrial expansion. Projects can range from $1 million to $10 million.

Infrastructure Grants

Municipalities request grants for public improvements to support private development.

INTERNATIONAL TRADE

Contact Sidney Salvadori, 312.603.1005

International Trade Partnership Program

Bilateral trade and investment opportunities with companies in partner regions around the world.

European Union Desk

Special matchmaking services for Cook County companies interested in European Union markets, especially the Italian and Irish markets.

Cook County Trade Trends

Chicago-US Customs District export and import data and Illinois export statistics. Custom reports by export or import commodities for leading foreign trade partners.

Matchmaking & Market Information Services

Local market statistics and company profiles. Matching foreign companies with Cook County companies by industrial sector for distribution, strategic alliances, or joint ventures.