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

Johnson: Republicans 'have plans' to 'fix' Obamacare

Johnson: Republicans ‘have plans’ to ‘fix’ Obamacare

By Thérèse BoudreauxThe Center Square As the ongoing government shutdown enters its third week, Republican leaders are reminding Democrats that by blocking the House-passed funding bill, they are also delaying...
Illinois House Speaker: 'Mr. Trump, tear down this fence!'

Illinois House Speaker: ‘Mr. Trump, tear down this fence!’

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The speaker of the Illinois House has compared a fence outside U.S. Immigration and Customs Enforcement in...
MIT rejects White House education demands

MIT rejects White House education demands

By Esther WickhamThe Center Square The Massachusetts Institute of Technology refused to sign the White House agreement that would grant federal funds linked to the administration's demands. The Trump administration...
Energy cost concerns loom as legislators look at policy changes

Energy cost concerns loom as legislators look at policy changes

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois legislators are set to begin the fall veto session Tuesday with some worried electric rate increases...

WATCH: Trump touts ‘historic’ ‘Peace Summit’ as world leaders convene in Egypt

By Sarah Roderick-FitchThe Center Square President Donald Trump is celebrating a historic, whirlwind trip to the Middle East that concluded with a “Peace Summit” in Sharm el-Sheik, Egypt, of over...
PJM exit: A price solution or power move?

PJM exit: A price solution or power move?

By Lauren Jessop | The Center Square contributorThe Center Square (The Center Square) – Surging electricity demand, an aging grid, and generation sources retiring faster than new ones can be...
U.S. consumers to pay 55% of tariff costs, Goldman Sachs says

U.S. consumers to pay 55% of tariff costs, Goldman Sachs says

By Brett RowlandThe Center Square U.S. consumers will end up paying the bulk of the cost for President Donald Trump's tariffs, according to a report from Goldman Sachs. The report...
JPMorganChase to invest $10B in U.S. firms key to national security

JPMorganChase to invest $10B in U.S. firms key to national security

By Brett RowlandThe Center Square JPMorganChase said Monday it would invest $10 billion in industries tied to U.S. national security as part of a decade-long plan to help protect the...
Broadview, Illinois reduces ICE protest zone after ‘chaos,’ 15 arrests

Broadview, Illinois reduces ICE protest zone after ‘chaos,’ 15 arrests

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – The village of Broadview, Illinois is reducing the area where protesters can stage near the Immigration and...
Louisiana: Voting Rights Act 'balkanizes' competing racial factions

Louisiana: Voting Rights Act ‘balkanizes’ competing racial factions

By Nolan MckendryThe Center Square Louisiana will argue on Wednesday at the U.S. Supreme Court that part of the Voting Rights Act is “is inconsistent with the letter and spirit...
Illinois’ ‘F’ grade leaves taxpayers on the hook for billions, watchdog says

Illinois’ ‘F’ grade leaves taxpayers on the hook for billions, watchdog says

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Budget gimmicks, pension debt and late financial reports are leaving Illinois taxpayers in the dark, according...
Democrat Mills to challenge Collins with for U.S. Senate

Democrat Mills to challenge Collins with for U.S. Senate

By Chris WadeThe Center Square Maine's Democratic Gov. Janet Mills is expected to announce a bid for the U.S. Senate with a challenge to Republican Sen. Susan Collins in next...
Some New York school districts spend almost or more than $100,000 a student

Some New York school districts spend almost or more than $100,000 a student

By Mark StricherzThe Center Square A half-dozen school districts in New York state reported spending more than $70,000 per student recently, with two districts spending almost or more than $100,000,...
Illinois quick hits: Chicago Jewish Alliance on peace developments; Blue Ribbon Schools announced

Illinois quick hits: Chicago Jewish Alliance on peace developments; Blue Ribbon Schools announced

By Jim Talamonti | The Center SquareThe Center Square Chicago Jewish Alliance on peace developments The Chicago Jewish Alliance has offered a response to the release of 20 hostages held...
WATCH: Trump’s emergency Guard appeal denied; Fiscal Fallout reviews state salaries

WATCH: Trump’s emergency Guard appeal denied; Fiscal Fallout reviews state salaries

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 gets to the...