Lois Scott
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The Chicago Infrastructure Trust as a Way to Fund Big Public Projects
In conjunction with this week’s American Planning Association conference, which brought 5,000 urban planners to Chicago, last night the Chicago Architecture Foundation hosted the roundtable “No Small Plans: The Chicago Infrastructure Trust.” Approved by City Council in April 2012, the trust is a nonprofit organization whose mission is to raise capital from private investors for large-scale public works projects that might be too expensive to be paid for by public funds. It has a five-member board of directors appointed by Mayor Rahm Emanuel.
April 17, 2013