Suffredin- For a Better Cook County  
 

Accountability
Forest Preserves
Public Safety
Cook County Budget
Forest Pres. Budget
Property Tax Appeal
Health & Hospitals
Land Bank Authority
Policy Resolutions
Unsung Heroine

 

   
 
   
   
 
   
     
  Office phone numbers:  
   
 
 

The Cook County Code of Ordinances are the current laws of Cook County.

   
 

Search current and proposed Cook County Legislation in Larry's exclusive legislative library.

   
  Eighteen of the 20 largest banks in the world and more than 50 foreign banks have offices in Cook County.
   
     
     
     



Cook County announces $10 million COVID-19 relief fund for suburban businesses, gig workers
The Community Recovery Fund, which is part of the county’s community recovery initiative, will offer one time, zero interest loans to small businesses with up to 25 employees and independent contractors who make up to half their income from their contracting work in the county’s suburbs.

Tuesday, April 07, 2020
Chicago Sun-Times
by Rachel Hinton

Cook County Board President Toni Preckwinkle announced a $10 million immediate relief fund for suburban businesses and gig workers on Tuesday, building on ongoing efforts crafted to help those hit hard by the coronavirus pandemic.

“This fund has been designed to meet the immediate needs of the most vulnerable local businesses and workers during the pandemic,” Preckwinkle said.

Wearing a protective face mask, the board president announced the latest economic relief effort at a news conference at the County Building. Following Centers for Disease Control and Prevention guidelines, Preckwinkle required other officials participating in the conference to also wear masks, a spokesman said.

The Community Recovery Fund, which is part of the county’s community recovery initiative, will offer one-time zero interest loans to small businesses with up to 25 employees and independent contractors who make up to half their income from their contracting work in the county’s suburbs. Loans for small businesses could be as high as $20,000, while contractors can apply for up to $10,000 starting in mid-April.

The fund will be administered by the Chicago Community Loan Fund. The county is investing $10 million into the fund and hopes to augment it with dollars from philanthropists and private sector organizations “to provide loans to as many businesses and gig workers as we possibly can.”

Gig work is generally part-time or temporary and often involves an on-line platform, such as ride-hailing services.

Xochitl Flores, the head of the county’s Bureau of Economic Development, said the designation of resources for suburban Cook is to make sure the county is using resources strategically to help as many businesses as possible.

“This niche and gap that currently exists within suburban Cook County really needed our immediate attention,” Flores said. “We realize that $10 million seeding is an initial start and there will be a greater need, but we’re trying to be impactful in the areas that are currently not able to access other resources.”

Last week, Preckwinkle announced a technical assistance program for “mom-and-pop” businesses, non-profits, gig workers and others to help them get their share of the $377 billion of federal funds set aside to help keep them afloat during the coronavirus pandemic. The first webinar to help people apply for funds will happen Wednesday at noon.

The week before that, Preckwinkle waived some fines and fees, and deferred the collection of some home rule taxes, to help businesses as they deal with coronavirus containment efforts that have forced them to shutter.

Those taxes, which include the alcoholic beverage, amusement, tobacco, gasoline and hotel accommodations taxes, were deferred for the February and March tax periods until May.

No penalties or interest will be applied during the extension period.



Recent Headlines

Coronavirus in Illinois updates: Here’s what’s happening Tuesday with COVID-19 in the Chicago area
Tuesday, May 26, 2020
Chicago Tribune

Officials see signs COVID-19 is contained at Cook County Jail, while experts caution measures need to remain in place
Tuesday, May 26, 2020
Chicago Tribune

Preckwinkle vetoes plan to give first responders addresses of COVID-19 positive residents
Tuesday, May 26, 2020
Chicago Sun-Times

Daywatch: Pritzker announces reopening rules for businesses, an exclusive look at Cook County Hospital
Tuesday, May 26, 2020

4 days in Springfield: What passed, what stalled and next steps
Tuesday, May 26, 2020
The Daily Line

Four South Side hospitals call off $1.1 billion merger plan after state lawmakers fail to allocate funding
Tuesday, May 26, 2020
Chicago Tribune

Cook County backs property tax incentives for 3 suburban businesse
Monday, May 25, 2020
Daily Herald

May 25 COVID-19 cases per county; search by ZIP code
Monday, May 25, 2020
Daily Herald

What is Cook County doing to provide property tax relief for homeowners?
Monday, May 25, 2020
WGN Radio

Family distraught after officials say Cook County Jail detainee died by suicide
Saturday, May 23, 2020
Chicago Tribune

75 more Illinois coronavirus deaths; state testing tops 700K
Saturday, May 23, 2020
Chicago Sun-Times

See who's hunkering down at home—and who isn't
Friday, May 22, 2020
Crain's Chicago Business

Cook County Jail sees signs of COVID-19 containment
Friday, May 22, 2020
Chicago Tribune

Column: An exclusive look at the reborn Cook County Hospital:
Friday, May 22, 2020
Chicago Tribune

Cook County Health projects up to $100 million revenue gap
Friday, May 22, 2020
Chicago Sun-Times

Cook County juvenile detention center reports first COVID-19 cases in its general population
Friday, May 22, 2020
Chicago Sun-Times

Cook County passes COVID property-tax relief
Thursday, May 21, 2020
Crain's Chicago Business

Cook County Board passes Sept. 30 disaster proclamation extension, property tax late fee waiver
Thursday, May 21, 2020
Chicago Tribune

COVID crisis makes 28 percent of Cook households vulnerable to housing loss
Thursday, May 21, 2020
Crain's Chicago Business

Residents say they are being kept in the dark about COVID-19 as nearly 90 deaths are recorded at low-income housing in Chicago. ‘This is dangerous.'
Thursday, May 21, 2020
Chicago Tribune

all news items

Paid for by Larry Suffredin and not at taxpayer expense. A Haymarket Production.
^ TOP