1 2 3<!DOCTYPE html> 4<html lang="en"> 5 <head> 6 <meta charset="utf-8"> 7 <meta name="viewport" content="width=device-width, initial-scale=1.0, minimum-scale=1"> 8 9 <title> 10 11 About 12 13 | Equitable Financial Incentives</title> 14 15 <meta content="Letâs make how we fund development in Chicago work for everyone. This interactive website provides information on where and how financial incentives have been used over the past 10 years and advocates for changes to root programs and processes in equity." name="description" /> 16 <meta content="Equitable Financial Incentives" name="author" /> 17 18 <!-- Facebook metadata --> 19 <meta property="og:site_name" content="Equitable Financial Incentives"> 20 <meta property="og:type" content="website"> 21 <meta property="og:title" content="About | Equitable Financial Incentives"> 22 <meta property="og:description" content="Letâs make how we fund development in Chicago work for everyone. This interactive website provides information on where and how financial incentives have been used over the past 10 years and advocates for changes to root programs and processes in equity."> 23 <meta property="og:url" content="https://www.equitableincentives.org/"> 24 <meta property="og:image" content="https://www.equitableincentives.org/static/images/mpc-efi-card.jpg"> 25 26 <!-- Twitter metadata --> 27 <meta name="twitter:card" content="summary_large_image"> 28 <meta name="twitter:site" content="Equitable Financial Incentives"> 29 <meta name="twitter:creator" content="Metropolitan Planning Council"> 30 <meta name="twitter:title" content="About | Equitable Financial Incentives"> 31 <meta name="twitter:url" content="https://www.equitableincentives.org/"> 32 <meta name="twitter:description" content="Letâs make how we fund development in Chicago work for everyone. This interactive website provides information on where and how financial incentives have been used over the past 10 years and advocates for changes to root programs and processes in equity."> 33 <meta name="twitter:image" content="https://www.equitableincentives.org/static/images/mpc-efi-card.jpg"> 34 35 <!-- Override this block to add extra meta tags --> 36 37 38 <link rel="shortcut icon" type="image/ico" href="/static/images/favicon.5efe7de060f7.ico"/> 39 40 <!-- Bootstrap core CSS --> 41 <link href="/static/css/bootstrap.min.d432e4222814.css" rel="stylesheet"> 42 <link href="/static/css/custom.e3dcf7016d09.css" rel="stylesheet"> 43 44 <!-- Override this block to add extra stylesheets --> 45 46 47 <!-- Load JavaScript translation script --> 48
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48 49 </head> 50 51 <body> 52 53 <div class="container-fluid border-bottom"> 54 <nav class="navbar navbar-expand-lg navbar-light text-dark bg-white"> 55 <a class="navbar-brand" href="/en/"> 56 <img src="/static/images/mpc-logo.cfa7499269a0.png" alt="Equitable Financial Incentives"> 57 </a> 58 <button class="navbar-toggler" type="button" data-toggle="collapse" data-target="#navbarSupportedContent" aria-controls="navbarSupportedContent" aria-expanded="false" aria-label="Toggle navigation"> 59 <span class="navbar-toggler-icon"></span> 60 </button> 61 <div class="collapse navbar-collapse " id="navbarSupportedContent"> 62 <ul class="navbar-nav"> 63 64 65<li class="nav-item"> 66 <a class="nav-link" href="/en/">Home</a> 67</li> 68<li class="nav-item"> 69 <a class="nav-link" href="/en/efi-map/">Map</a> 70</li> 71 72 73 74 75 <li class="nav-item"> 76 <a class="nav-link" href="/en/recommendations/" hreflang=""> 77 Recommendations 78 </a> 79 </li> 80 81 82 83 84 85 86 <li class="nav-item dropdown"> 87 <a class="nav-link dropdown-toggle" href="#" id="navbarDropdown-2" role="button" data-toggle="dropdown" aria-haspopup="true" aria-expanded="false">About</a> 88 <div class="dropdown-menu dropdown-menu-right" aria-labelledby="navbarDropdown"> 89 <a class="dropdown-item" href="/en/about/">Overview</a> 90 91 <a class="dropdown-item" href="/en/about/methodology-and-process/">Methodology and Process</a> 92 93 <a class="dropdown-item" href="/en/about/references/">Incentive Programs</a> 94 95 </div> 96 </li> 97 98 99 100 101 </ul> 102 <ul class="navbar-nav ml-auto"> 103 104 105 106 <li class="nav-item"> 107 <a class="nav-link" href="/es/acerca-de/" rel="alternate" hreflang=""> 108 Español 109 </a> 110 </li> 111 112 113 </ul> 114 </div> 115 </nav> 116 </div> 117 118 <div id="main-body"> 119 120 <div class='container py-4'> 121 <h1>About</h1> 122 123 124 125 126 127 128 129 <div class='justify-content-center'> 130 <div class='row my-4'> 131 <div class="col"> 132 <a href="https://www.equitableincentives.org/documents/7/EFI_Partner_Toolkit__User_Guide.pdf" class="btn btn-lg btn-primary">Download the Partner Toolkit</a> 133 </div> 134 </div> 135 </div> 136 137 138 139 <div class="col-md-12 map-container"> 140 <h2 data-block-key="mc8mj"></h2><hr/><p data-block-key="1kahc"></p><h2 data-block-key="v4rc"><b>Project goals</b></h2><p data-block-key="cv28f">Metropolitan Planning Councilâs (MPCâs) Equitable Financial Incentives research was designed to better understand how equity is centered in the way the City of Chicago uses financial incentives to attract investments to communities. We looked at how and where six incentives have been used in Chicago and whether the funding has gone to areas that are considered economically disadvantaged. Our definition of disadvantage was based on socio-economic factors that indicate longstanding symptoms of disinvestment.<br/><br/>MPC conducted this research with the guidance of an Advisory Group. With their experience and expertise, we developed recommendations for rooting the process and outcomes for financial incentives in equity to better address longstanding issues of inequitable investment in Chicagoâs communities. These recommendations are being tested out with public users via this website.<br/><br/>This research was designed to accomplish the following goals:<br/></p><p data-block-key="37qe7"><b>Provide basic information about six public funding sources that are classified as incentives</b>. Information exists in multiple locations and often does not provide a simple, clear definition of how and where the incentive can be used, what some of the intended outcomes are, as well as additional background on the incentive and easy links for applying or finding out more information.<br/></p><p data-block-key="50l86"><b>Understand how equity has or has not been a driver of incentive use.</b> Although equity is not typically an explicit goal of many incentive programs, narratives within the media and amongst community organizations and stakeholders frequently question the fairness of these programs, particularly since they rely on public resources. MPC believes that investments should prioritize equity.<br/></p><p data-block-key="2d72f"><b>Provide a clear, accessible picture of where and how incentives have been used in Chicago for the past 10 years</b>. This information is not readily accessible to the average resident. Often data is provided on each incentive individually, which makes it difficult to understand the total amount used in any one area. MPC believes that this information should be aggregated and accessible to everyone so we all have a better understanding of how and where financial incentives are being provided.
140<br/></p><p data-block-key="agd56"><b>Determine whether incentive use aligns with socio-economic factors that can indicate areas of advantage and disadvantage</b>. This research provides a simple framework for showing how much and how often financial incentives have been used in areas that have factors that indicate disadvantage. MPC believes that creating an index and tracking incentive use is critical to crafting recommendations and policies with a sharper focus on areas of disadvantage.<br/></p><p data-block-key="cno8l"><b>Identify recommendations to improve incentive programs in collaboration with advisors</b>. The Advisory Group and other external reviewers provided clear direction: They are interested in refining incentives programs to ensure that local and small business owners and entrepreneurs are able to access the resources and that use is tied to equitable outcomes for neighborhoods and residents. MPCâs recommendations focus on strategies to achieve this.</p><p data-block-key="j9d9">To learn more about our research, please visit the <a href="/en/about/methodology-and-process/">methodology</a> page.</p><p data-block-key="8njak"></p><p data-block-key="f54uo"></p><hr/><p data-block-key="3i40h"><b>PROJECT CONTACTS & CONTRIBUTORS</b></p><p data-block-key="f7846">This project was a joint effort between MPCâs Land Use and Planning and Research teams and included the support and dedication of multiple staff members, research assistants, advisors, and external reviewers.. For more information about this research and recommendations, please contact the following:</p><p data-block-key="5fvtc">Jordan Bailly, Associate of Land Use and ETOD: <a href="mailto:[email protected]">[email protected]</a><br/>Daniel Cooper, Research Director: <a href="mailto:[email protected]">[email protected]</a><br/>Christina Harris, Director of Land Use and Planning: <a href="mailto:[email protected]">[email protected]</a></p><p data-block-key="5eumq">Learn more about the <a href="https://www.equitableincentives.org/documents/8/EFI_Contributors_List_v2.pdf" target="_blank" rel="noopener noreferrer">project contributors</a>.</p> 141 </div> 142 143 144 145 146 147 </div> 148 149 </div> 150 151 <footer> 152 <div id="survey-banner" class="bg-lightblue p-5 container-fluid text-dark text-center"> 153 <h2 class="mb-3"><strong>Take our survey</strong></h2> 154 <p class="mb-4">What do you think of our recommendations? We want to hear from you.</p> 155 156 <!-- set the survey URL based on language --> 157 158 <a class="btn btn-dark" href="https://www.surveymonkey.com/r/JWH3HGR"> 159 160 <strong>TAKE SURVEY</strong> 161 </a> 162 </div> 163 164 165 166 <div class="container"> 167 <nav class="navbar navbar-expand d-flex navbar-default text-dark bg-white p-3"> 168 <ul class="navbar-nav justify-content-between d-flex flex-wrap flex-grow-1"> 169 170 171<li class="nav-item"> 172 <a class="nav-link" href="/en/">Home</a> 173</li> 174<li class="nav-item"> 175 <a class="nav-link" href="/en/efi-map/">Map</a> 176</li> 177 178 179 180 181 <li class="nav-item"> 182 <a class="nav-link" href="/en/recommendations/" hreflang=""> 183 Recommendations 184 </a> 185 </li> 186 187 188 189 190 191 192 <li class="nav-item dropdown"> 193 <a class="nav-link dropdown-toggle" href="#" id="navbarDropdown-2" role="button" data-toggle="dropdown" aria-haspopup="true" aria-expanded="false">About</a> 194 <div class="dropdown-menu dropdown-menu-right" aria-labelledby="navbarDropdown"> 195 <a class="dropdown-item" href="/en/about/">Overview</a> 196 197 <a class="dropdown-item" href="/en/about/methodology-and-process/">Methodology and Process</a> 198 199 <a class="dropdown-item" href="/en/about/references/">Incentive Programs</a> 200 201 </div> 202 </li> 203 204 205 206 207 </ul> 208 </nav> 209 </div> 210 211 <div class="bg-white p-1 container-fluid text-dark"> 212 <hr /> 213 <div class="d-flex justify-content-center"> 214 <p class="text-secondary">Built by <a href="https://datamade.us" target="_blank" class="text-secondary">DataMade</a></p> 215 </div> 216 </div> 217 </footer> 218 219 <!-- Load external scripts --> 220
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