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Mayor Chis Koos said the $5.4 million settlement to end Alan Beaman's civil lawsuit against the town and its police over a wrongful murder conviction is solely related to risk.
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The McLean County Regional Planning Commission has released a draft of its regional housing recovery plan for public comment. That's supposed to draw a road map for Bloomington-Normal and the region to address housing shortages and housing needs of specific groups of people.
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The lack of housing and affordable housing means Bloomington-Normal is losing out on some of the economic benefits created by Rivian. The shortage also is increasing the number of unhoused people in the community and has the potential to cause an exponential growth in homelessness.
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An organization that tries to stimulate economic development in central Illinois says it can help address the housing shortage in McLean County. The Tri-County River Valley Development Authority (TRVDA) helps issue lower cost bonds.
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Carl Teichman, a longtime fixture at Illinois Wesleyan University, is moving to a new role with the Bloomington-Normal Economic Development Council.
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In recent years, economic development efforts in Bloomington-Normal have focused on workforce development and creating a standard incentive package for prospective new businesses to locate in McLean County. That's about to change.
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The Unit 5 school board expects to vote next month on whether to join a collaborative effort to create standardized incentives in the local enterprise zone.
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The mayor of Normal supports offering economic development incentives for the Trail East and West projects. The town is negotiating a development agreement with Cedar Falls, Iowa-based Eagle View Partners.
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The Mid-Illinois Realtors Association is urging Bloomington and Normal municipal governments to use pandemic relief money to encourage home ownership.
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The Normal Town Council will take up a long-awaited economic development initiative on Monday.