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

Google says Biden admin 'pressed' it to censor some COVID-19 content

Google says Biden admin ‘pressed’ it to censor some COVID-19 content

By Thérèse BoudreauxThe Center Square Senior Biden administration officials pressured Google to remove COVID-19-related content that did not violate YouTube’s policies but the administration considered alarming, new information reveals. Following...
Judge’s questions during IL gun ban arguments gives rights advocates ‘hope’

Judge’s questions during IL gun ban arguments gives rights advocates ‘hope’

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – With Illinois’ gun ban now in the hands of a three judge panel of the federal appeals...
Illinois agencies to post monthly investment reports, lawmaker calls symbolic

Illinois agencies to post monthly investment reports, lawmaker calls symbolic

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Illinois agencies must now post monthly reports on how taxpayer dollars are invested, a move supporters...
Illinois quick hits: Pritzker orders 'efficiencies' for state spending; Marshalls recover missing child

Illinois quick hits: Pritzker orders ‘efficiencies’ for state spending; Marshalls recover missing child

By Jim Talamonti | The Center SquareThe Center Square Pritzker orders 'efficiencies' for state spending Gov. J.B. Pritzker is directing state agencies to identify up to 4% of Fiscal Year...
WATCH: AR15s protected by 2nd Amendment; advocate reacts to appeals court hearing

WATCH: AR15s protected by 2nd Amendment; advocate reacts to appeals court hearing

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 provides highlights from...
Fiscal Fallout: Illinois spending swells 43% under Pritzker

Fiscal Fallout: Illinois spending swells 43% under Pritzker

By Jared Strong | The Center SquareThe Center Square (The Center Square) – Discretionary spending by Illinois state leaders has increased more than $16 billion since J.B. Pritzker became governor...
Lake Land College.6

Lake Land College to Name Nursing Simulation Lab for HSHS St. Anthony’s After Major Gift

Article Summary: Following a significant financial gift from HSHS St. Anthony's Memorial Hospital, the Lake Land College Foundation has recommended naming the new Nursing Simulation Lab at the Effingham Technology...
Casey Westfield School Board.3

New Incentives and Homecoming Plans Underway at Casey-Westfield Schools

Article Summary: School principals updated the Board of Education on a variety of new programs and upcoming student events, including a new "Boo Bucks" incentive program at Monroe Elementary and...

White House does not expect arrests of sanctuary mayors and governors

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – White House Press Secretary Karoline Leavitt says she doesn’t expect mayors or governors of sanctuary jurisdictions like...
ICE puts California, Illinois, New York on notice for refusing to cooperate

ICE puts California, Illinois, New York on notice for refusing to cooperate

By Bethany Blankley | The Center Square contributorThe Center Square (The Center Square) – U.S. Immigration and Customs Enforcement Acting Director Todd Lyons has contacted the attorneys general of California,...
Appeals judge questions ‘uphill battle’ for IL gun ban found unconstitutional

Appeals judge questions ‘uphill battle’ for IL gun ban found unconstitutional

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – A three judge panel in a federal appeals took the challenge to Illinois’ gun and magazine ban...
Illinois library staff to be trained with overdose antidotes under new law

Illinois library staff to be trained with overdose antidotes under new law

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Starting next year, Illinois public libraries must stock opioid overdose antidotes and train staff, a move...
Illinois quick hits: Driver's blood alcohol over legal limit; Fed survey shows growth below trend

Illinois quick hits: Driver’s blood alcohol over legal limit; Fed survey shows growth below trend

By Jim Talamonti | The Center SquareThe Center Square Driver's blood alcohol over legal limit The Stephenson County Sheriff’s Office says toxicology results show that a Guatemalan national’s blood-alcohol level...
Trump relays words from Charlie Kirk: 'Please sir, save Chicago'

Trump relays words from Charlie Kirk: ‘Please sir, save Chicago’

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – President Donald Trump says Charlie Kirk asked him to save Chicago. The president addressed tens of thousands...
Illinois quick hits: Edgar remembered at funeral service; Iranian charged for re-entry of removed alien

Illinois quick hits: Edgar remembered at funeral service; Iranian charged for re-entry of removed alien

By Jim Talamonti | The Center SquareThe Center Square Edgar remembered at funeral service Gov. J.B. Pritzker says former Gov. Jim Edgar had a unique ability to bring people together...