The zones would work similarly to Tax Increment Financing districts, which receive subsidies to encourage redevelopment and community-improvement projects in areas in need of revitalization, said Jen Walling, executive director of the Illinois Environmental Council, which supports the legislation.
Climate cash coming to Illinois
“This week President Biden is expected to sign the Inflation Reduction Act (IRA), which includes an unprecedented $370 billion for climate change mitigation. Why it matters: Much of