October 23, 2025/

Illinois quick hits: Pritzker praises credit upgrade; Cook County approves $20M quantum grant

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.

Leave a Comment





Latest News Stories

WATCH: GOP U.S. Sen. candidate Tracy on shutdown, tariffs; state expands sanctuary

WATCH: GOP U.S. Sen. candidate Tracy on shutdown, tariffs; state expands sanctuary

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop talks live with...
Former Vice President Dick Cheney dies

Former Vice President Dick Cheney dies

By Sarah Roderick-FitchThe Center Square Dick Cheney, vice president to former President George W. Bush, has died. He was 84. His family was with him Monday evening and said the...
Illinois quick hits: Ceremonies planned for new lawyers; energy efficiency grants announced

Illinois quick hits: Ceremonies planned for new lawyers; energy efficiency grants announced

By Jim Talamonti | The Center SquareThe Center Square Ceremonies planned for new lawyers Bar admission ceremonies are scheduled across the state Wednesday for the 1,637 people who passed the...
26 states participate in federal SAVE program to ensure only US citizens are voting

26 states participate in federal SAVE program to ensure only US citizens are voting

By Bethany BlankleyThe Center Square In less than a few months, 26 states have begun working with the U.S. Citizenship and Immigration Services to ensure only U.S. citizens are voting...
Key races across U.S., redistricting at stake as voters head to polls Tuesday

Key races across U.S., redistricting at stake as voters head to polls Tuesday

By Andrew RiceThe Center Square Governor’s races, city mayoral campaigns and redistricting initiatives will bring voters to the polls on Tuesday for a consequential off-year Election Day. Elections in California,...
Meeting Briefs

Meeting Summary and Briefs: Casey Township Library Board of Trustees for October 2, 2025

Casey Township Library Board of Trustees Meeting | October 2, 2025 The Casey Township Library Board made a key financial decision at its meeting on Thursday, October 2, 2025, voting...
Nigeria leaders deny Christian genocide, UN attributes violence to 'climate change'

Nigeria leaders deny Christian genocide, UN attributes violence to ‘climate change’

By Bethany BlankleyThe Center Square Nigerian leaders continue to deny that Christian genocide has been occurring for years as the United Nation has attributed the violence to “climate change.” Over...
Congressional Perks: House members, staff get daycare, on-call doctor

Congressional Perks: House members, staff get daycare, on-call doctor

By Arthur KaneThe Center Square Job perks like an on-call doctor, on-site daycare and millions of dollars for food, beverages and bottled water sound like something offered to employees of...
California leaders hope for high voter turnout for Prop. 50

California leaders hope for high voter turnout for Prop. 50

By Madeline ShannonThe Center Square With only one day to go in California before Election Day, legislators expect to see a relatively high voter turnout for the Golden State’s congressional...
Voters to decide two statewide measures, nearly 100 local proposals

Voters to decide two statewide measures, nearly 100 local proposals

By Elyse ApelThe Center Square As Colorado voters prepare for Election Day, they will vote on two statewide ballot measures and nearly 100 local measures across 30 counties. Those measures...
WATCH: Coalition sues to protect student loan forgiveness

WATCH: Coalition sues to protect student loan forgiveness

By Dave MasonThe Center Square Democratic attorney generals from 22 jurisdictions sued the U.S. Department of Education Monday over its new rule limiting Public Student Loan Forgiveness for government and...
WATCH: California attorney general talks about Prop. 50

WATCH: California attorney general talks about Prop. 50

By Dave MasonThe Center Square California has nothing to hide. That’s Attorney General Rob Bonta’s response to The Center Square’s question about the U.S. Department of Justice assigning monitors to...
Illinois quick hits: Man charged with threatening Trump; judge grants injunction in shelter funding case

Illinois quick hits: Man charged with threatening Trump; judge grants injunction in shelter funding case

By Jim Talamonti | The Center SquareThe Center Square Man charged with threatening Trump For the second time in less than a week, a person from Illinois has been charged...

WATCH: IL GOP Rep: Sanctuary expansion bill may expose many to civil lawsuits

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois House and Senate leaders are touting legislation they say will protect people from federal immigration enforcement,...
Senators introduce legislation to codify Antifa terror designation

Senators introduce legislation to codify Antifa terror designation

By Sarah Roderick-FitchThe Center Square More than a month after President Donald Trump designated Antifa a domestic terror organization, a group of senators is proposing legislation to codify the president’s...