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: Newsom deploys state police to help local law enforcement

WATCH: Newsom deploys state police to help local law enforcement

By Dave MasonThe Center Square New California Highway Patrol teams will work with local law enforcement to fight crime in Los Angeles, San Diego, Sacramento, the San Francisco Bay Area,...
Appeals court rejects Trump's tariffs, but leaves them in place

Appeals court rejects Trump’s tariffs, but leaves them in place

By Brett RowlandThe Center Square A federal appeals court said Friday that President Donald Trump doesn't have the authority to issue blanket tariffs, in a blow to the president's domestic...
Denver Public Schools accused of violating Title IX

Denver Public Schools accused of violating Title IX

By Esther WickhamThe Center Square The U.S. Department of Education for Civil Rights announced this week that Denver Public Schools' policies on “all-gender” facilities violate Title IX. The department's Office...
Poll: 41% of parents worried about school safety before Minneapolis shooting

Poll: 41% of parents worried about school safety before Minneapolis shooting

By Morgan SweeneyThe Center Square Four in 10 parents of K-12 students are worried for their children’s safety at school, according to a new Gallup poll. The poll was collected...
Report: Offshore wind critics played role in Revolution Wind work stoppage

Report: Offshore wind critics played role in Revolution Wind work stoppage

By Tom JoyceThe Center Square Offshore wind opponents in the fishing industry helped shape the Trump administration’s decision to halt work on the Revolution Wind project, a $4 billion development...
Nevada governor addresses statewide cyberattack

Nevada governor addresses statewide cyberattack

By Liam HibbertThe Center Square Nevada Gov. Joe Lombardo spoke publicly for the first time on a cyberattack that shut down government websites and kept state employees at home, four...
Illinois quick hits: Mine manager pleads guilty; Johnson issues food executive order

Illinois quick hits: Mine manager pleads guilty; Johnson issues food executive order

By Jim Talamonti | The Center SquareThe Center Square Mine manager pleads guilty A former Franklin County mine manager has pleaded guilty to conspiring to defraud the U.S. Mine Safety...
Op-Ed: Chicago-area transit needs an intervention, not another fix

Op-Ed: Chicago-area transit needs an intervention, not another fix

By Brad Weisenstein | The Center Square contributorThe Center Square If Illinois were a family, it would have 1,313 siblings – its cities, towns and villages. One of them is...
WATCH: ‘Partisans’ who want to should ‘get up and move’ from Illinois, Pritzker says

WATCH: ‘Partisans’ who want to should ‘get up and move’ from Illinois, Pritzker says

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – If you’re not willing to stick around and help make the state better, Illinois Gov. J.B. Pritzker...
Victims identified in Minneapolis Catholic school shooting

Victims identified in Minneapolis Catholic school shooting

By Jon StyfThe Center Square “As a family, we are shattered, and words cannot capture the depth of our pain.” Those are the words of the parents of 10-year-old Harper...
Pentagon to build new task force to counter drone threats

Pentagon to build new task force to counter drone threats

By Brett RowlandThe Center Square The Pentagon is creating a new task force to counter drone threats and keep U.S. airspace safe. Defense Secretary Pete Hegseth said the Department of...
Whisk + Lollies Logo

Bakery and confectionery a big hit in Casey

Pictured are (from left): sisters Carlene Richardson and Natasha Hickox were special guests of Rotarian Chris Snedeker at the Aug. 26 meeting of Casey Rotary. The...
'Horrendous' religious freedom violation leads to payout by Chicago Public Schools

‘Horrendous’ religious freedom violation leads to payout by Chicago Public Schools

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A court-approved settlement of over $2.6 million is being paid to 207 former Chicago Public School students...
Extended Secret Service protection canceled for Kamala Harris

Extended Secret Service protection canceled for Kamala Harris

By Sarah Roderick-FitchThe Center Square More than seven months after leaving office, President Donald Trump is revoking the taxpayer-funded Secret Service protection detail of former Vice President Kamala Harris. Former...
Du Quoin State Fair gets $50M as senator defends two state fairs in Illinois

Du Quoin State Fair gets $50M as senator defends two state fairs in Illinois

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – The Du Quoin State Fairgrounds have received over $50 million in upgrades, part of Gov. J.B....