Kenwood Academy Improvements Approved for Additional City Financing

November 15, 2023

Department of Planning and Development    312.744.9267

Kenwood Academy High School in Kenwood will make long-planned upgrades to its campus through $4.75 million in additional Tax Increment Financing (TIF) assistance approved by City Council today.

The additional funding will cover cost escalations involving materials and labor for a planned pedestrian bridge between campus buildings and new heating, ventilation and air conditioning equipment in the gymnasium.

The project at 5015 S. Blackstone Ave. was approved in 2021 for $9.2 million in TIF assistance that was expected to fund the entire project. Under the new terms, Chicago Public Schools will contribute $450,000 toward the increased costs.

The City’s TIF program uses new property tax growth within designated districts to support public and private improvements within their boundaries.


News Release Facts

People We Serve:
Programs & Initiatives: