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

Aldermen say lawmakers failed to address illegal cannabis sales near schools

Aldermen say lawmakers failed to address illegal cannabis sales near schools

By Sean Reed | The Center SquareThe Center Square (The Center Square) – As the Chicago City Council’s public safety committee moved forward with an ordinance that would increase penalties...
Strikes on Iran to continue, Trump threatens to take Kharg Island

Strikes on Iran to continue, Trump threatens to take Kharg Island

By Sarah Roderick-FitchThe Center Square After trying to negotiate with Iran through talks for over two months, President Donald Trump is back to using bombs to pressure the Islamic Republic...
Nonprofit working on gender, climate issues got millions in federal cash

Nonprofit working on gender, climate issues got millions in federal cash

By Mark StricherzThe Center Square The federal government gave about $2.5 million in two years to a Washington, D.C.-based nonprofit that says it aims to be a “trusted bipartisan source...
Illinois Quick Hits: Oak Park woman charged with child care fraud

Illinois Quick Hits: Oak Park woman charged with child care fraud

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – An Oak Park woman is charged with defrauding the state of Illinois out of more than $30,000...
Medical watchdog urges Congress to protect children from transgender procedures

Medical watchdog urges Congress to protect children from transgender procedures

By Tate RosentreterThe Center Square Medical watchdog Do No Harm is urging Congress to “codify safeguards” to protect children from transgender ideology after a member of the group testified Wednesday...
Education Department admits it violated court order in Title IX cases

Education Department admits it violated court order in Title IX cases

By Tom JoyceThe Center Square The U.S. Department of Education confirmed a whistleblower’s allegations that the agency violated a federal court order while handling Title IX cases tied to gender...
Florida attorney general appeals Chicago judge’s ‘lawless’ transgender ruling

Florida attorney general appeals Chicago judge’s ‘lawless’ transgender ruling

By Jonathan Bilyk | Legal NewslineThe Center Square Saying a Chicago federal judge overstepped his constitutional authority, Florida's state attorney general has asked a federal appeals court to quickly reverse...
HHS investigating CAIR in response to Texas-led congressional delegation request

HHS investigating CAIR in response to Texas-led congressional delegation request

By Bethany BlankleyThe Center Square The U.S. Department of Health and Human Services is investigating the Council on American Islamic Relations-California in response to a request made by a congressional...
U.S. lawmakers discuss Social Security, have no plan to prevent insolvency

U.S. lawmakers discuss Social Security, have no plan to prevent insolvency

By Thérèse BoudreauxThe Center Square One day after federal trustees warned Congress that Social Security’s retirement trust fund will go insolvent by 2032, a U.S. House subcommittee met to question...
Congressman calls out Chicago schools' academic woes

Congressman calls out Chicago schools’ academic woes

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago Public Schools Superintendent Macquline King testified before Congress that math and reading proficiency rates for CPS...
Trump: 100M barrels of oil passed through Strait of Hormuz

Trump: 100M barrels of oil passed through Strait of Hormuz

By Morgan SweeneyThe Center Square A secret U.S. military mission has enabled more than 100 million barrels of oil to traverse the Strait of Hormuz in roughly the past month,...
Over 500 hospitals warned of fines if they continue hiding prices from patients

Over 500 hospitals warned of fines if they continue hiding prices from patients

By Tate RosentreterThe Center Square The Trump Administration put over 500 hospitals on notice for failure to comply with the president’s executive order requiring price transparency, with continued noncompliance resulting...
Free speech issues raised as calls come for Pritzker to veto social media safety bill

Free speech issues raised as calls come for Pritzker to veto social media safety bill

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Since the Illinois General Assembly passed a bill aiming to increase protections for children online, concerns have...
Illinois Quick Hits: Small business optimism index falls

Illinois Quick Hits: Small business optimism index falls

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – New data shows declining optimism and rising uncertainty for small business owners. The NFIB Small Business Optimism...
Budget allows Arizona to fully implement Trump's tax cuts

Budget allows Arizona to fully implement Trump’s tax cuts

By Zachery SchmidtThe Center Square The Arizona Legislature has agreed to a new $18.29 billion bipartisan budget, making the state the first in America to fully implement President Donald Trump’s...