Scope of Cook County Operations
Provides more than five million residents with vital services for public safety, health, and property.
Also responsible for providing municipal services to areas of unincorporated Cook County.
Uniquely positioned to foster economic development and job growth.
Cook County Demographic Characteristics
Cook County IllinoisPopulation, 2010 5,194,675 12,830,632Population, percent change, 2000 to 2010 -3.40% 3.30%Population, 2000 5,376,741 12,419,293Persons under 5 years, percent, 2010 6.60% 6.50%Persons under 18 years, percent, 2010 23.70% 24.40%Persons 65 years and over, percent, 2010 11.90% 12.50%
Data Source: U.S. Decennial Census
Key Industry Clusters in Cook County
Cook County
62%
Rest of MSA 36%
Business Services
Cook County
53%
Rest of MSA47%
Freight and Logistics
Cook County
57%
Rest of MSA43%
Health and Medical
Cook County
60%
Rest of MSA40%
Food Manufacturing
Council of Economic Advisors (CEA)
Appointed by President Preckwinkle in July 2012
Provides high level advice on economic trends and regional strengths
Released Partnering for Prosperity - An Economic Growth Action Agenda for Cook County in April 2013
Bureau of Economic Development
MISSION STATEMENT: • To foster community development, economic development
and workforce development within Cook County
• To strategically leverage resources and provide efficient professional management
• To stimulate: Sustainable community investment Business growth, attraction, and retention Affordable housing Regional planning
Bureau of Economic Development
The Bureau is made up of the following Departments:
• Capital Planning and Policy• Planning and Development• Real Estate Management• Building and Zoning• Zoning Board of Appeals
Department of Planning and Development
• DPD is the primary agency which develops, administers, and manages economic development centric programming in Cook County
• DPD includes the following divisions: Economic Development Community Development Affordable Housing Finance
Department of Planning and Development
The Cook County Department of Planning and Development is committed to developing sustainable communities by:
fostering economic development; preserving and expanding the supply
of safe, decent and affordable housing; Facilitating infrastructure
improvements; promoting fair housing; and supporting programs that address
the problems of homelessness.
Department of Planning and Development
Key Goals:• Support Expansion of
Economic Opportunities• Support Sustainable
Community Development• Support Homelessness
Prevention Activities • Implement Affordable Housing
Strategies• Improve Grants Management
Department of Planning and Development
• Annual Federal Programs: (1) promote grant opportunities (2) improve response to reflect innovative approaches, best practices, or new models (3) review applications in accordance with HUD requirements and applicable plans (4) provide support to funding recipients
• Grant Management: (1) deploy and track grant funds, (2) disburse funds, (3) report accomplishments & performance measures regularly, (4) identify and apply for mission-aligned grants.
Department of Planning and Development
• Business Incentive Programs: (1) assist businesses with growth and job retention/attraction, (2) process/review incentive requests through administrative and legislative processes, (3) track incentives awarded for compliance.
• Regional Planning: (1) identify innovative approaches to solving regional economic development issues, (2) engage active regional partners, (3) apply new strategies to problem-solving with Cook County in the leadership role, (4) encourage collaboration among municipalities.
Department of Planning and DevelopmentPrior Year Performance
CDBG Funds
ESG Funds HOME Funds
$0
$2,000,000
$4,000,000
$6,000,000
$8,000,000
$10,000,000
$12,000,000
PY 2010PY 2011PY 2012PY 2013PY 2014
Recent HUD Funding Summary
Department of Planning and DevelopmentPrior Year Performance
Outreach: • 1500+ People• 50+ Businesses • 130+ Municipalities• 30 Townships
Assistance (Funding and/or Technical): • 38,150 People• 57 Businesses• 49 Municipalities • 114 Taxing Districts • 2 Townships
Department of Planning and DevelopmentPrior Year Performance
Housing:• 149 Rental Units Produced• 73 For Sale Units Produced • 68 Units Sold
Jobs:• 2,214 Estimated Jobs Created by Incentives • 1,195 Estimated Jobs Retained by Incentives • 830 Construction Jobs Supported by CDBG/HOME • 151 Service Jobs Supported by CDBG/ESG
Department of Planning and DevelopmentPrior Year Performance
Leverage• Generated more than $161 million in private investment in
Cook County from $26 million in tax savings - Ratio of 6.19 to 1 for County’s investment
• Leveraged $819,407 with 2013 ESG Funds
• Leveraged $4.8 million with 2013 CDBG Funds
• Leveraged $39.3 million in other public/private financing against $4.5 million in HOME funds for projects active in 2013
Department of Planning and DevelopmentPrior Year Performance
New Resources• Based upon increasingly strong performance,
the County is also receiving $83 million from HUD to support flood disaster projects in suburban Cook County.
• Received Investing in Manufacturing Communities Partnership (IMCP) designation for regional metal manufacturing consortium.
• Continued coordination of seven-County Presidents’ collaborative.
Department of Planning and DevelopmentRecent Economic Development Efforts
DPD works diligently to promote regional economic development opportunities, structure and facilitate financing and incentives to attract/retain businesses as well as create/maintain jobs, and resolve delinquent tax issues to return properties to productive use and enhance the local tax base through:
Department of Planning and DevelopmentRecent Economic Development Efforts
• Reconfiguration and renewal of the Economic Development Advisory Committee (EDAC)
• Launch of the $30 million Section 108 BUILT in Cook Loan program and solicitation/review of prospective transactions
• Creation of two (2) new property tax incentives to address concerns of the commercial real estate community in Cook County
Temporary Emergency Economic Recovery Modification (TEERM)
Sustainable Emergency Relief (SER) – Class 6b
Department of Planning and DevelopmentRecent Economic Development Efforts
Fox Ford Chicago2501 North Elston Avenue Chicago, IL
DPD Assistance:• Class 7b• $57 million in private investment • $4.6 million in tax savings• 25 jobs retained and 292 jobs created• Construction to start Spring 2014
• A strategic planning process that will guide resource development, investments, and partnerships from 2015-19
• CMAP is providing technical assistance • Coordinated effort consisting of two plans in one• Covers economic development, affordable housing, and
community development
Planning for Progress Status Update
• Significant outreach conducted to date through formal kickoff meeting, three suburban regional workshops, interactive website survey, targeted topical focus groups, e-blasts, and social media.
• Over 2,000 individuals representing public, private, and non-profit stakeholder groups as well as the general public have participated.
Planning for Progress Status Update
• Feedback to Date:- #1 Priority: Infrastructure- #2 Priority: Workforce Development - #3 Priority: Business Development- #4 Priority: Affordable Housing
• Overall focus on economic development • Emphasis on connecting people with jobs and housing in
coordination with public and active transit • Social services and planning/capacity building less
emphasized
Planning for ProgressInfrastructure Strategies
• Key findings– Need for additional job growth – Focus on better connecting
people to jobs– Emphasis on coordinating with
other housing, community, and economic development investments
Planning for ProgressInfrastructure Strategies
• Proposed Strategy– Prioritize multi-jurisdictional funding requests – Seek funding for planning and infrastructure
construction projects that address the jobs/housing disconnect
– Prioritize projects that have a clear economic development connection
– Coordinate more closely with other infrastructure funders
Planning for ProgressWorkforce Development Strategies
• Key findings– Existing workforce lacks necessarily
skills to obtain and sustain employment as well as advance professionally
– There is a need to better connect workers to employment in key industry clusters
– Industries with job growth are not easily accessible for prospective and current employees
Planning for ProgressWorkforce Development Strategies
• Proposed Strategy– Coordinate more effectively with employers and
workforce development providers – Collaborate with the Chicago Cook Workforce
Partnership and provide supplemental funding for workforce initiatives
– Develop a Section 3, MBE/WBE compliance system in partnership with other area agencies required to similarly comply
– Connect workforce development programming with other County economic development initiatives such as IMCP, BUILT in Cook loan fund, etc.
Planning for ProgressBusiness Development Strategies
• Key findings– Small businesses face challenges in launching and
sustaining operations – Existing County tax structure creates barriers to business
attraction, retention, and growth – Businesses lack some awareness of County economic
development resources
Planning for ProgressBusiness Development Strategies
• Proposed Strategy– Support small business creation in target areas– Coordinate the use of key incentive programs– Strategically make use of the County’s economic
development tools – Explore tax reforms that would break the cycle of low tax
base growth and high tax rates– Ensure the long-term viability of the manufacturing and
transportation specialized O’Hare and Midway job centers
For More Information
Our work has just begun. For more information, consult:
• http://www.cookcountyil.gov/economicdevelopment• http://
www.cmap.illinois.gov/programs-and-resources/lta/cook-county
For More Information
Our work has just begun. For more information, contact
• Herman Brewer, Bureau Chief, Bureau of Economic Development - 69 West Washington, Suite 3000, Chicago, IL 60602- 312-603-1077 - [email protected]
• Michael Jasso, Director - 69 West Washington, Suite 2900, Chicago, IL 60602- 312-603-1033- [email protected].