American Blues Theater Getting $2.5 Million In City Funds For New Lincoln Square Home
by Alex V. Hernandez / Block Club Chicago / February 1, 2023
The money from tax-increment finance funds will support the theater's $6.5 million fundraising campaign for the new headquarters.
LINCOLN SQUARE — The American Blues Theater is getting a boost from the city toward building its first permanent home on North Lincoln Avenue.
The theater announced plans in 2022 for its first headquarters at 5627 N. Lincoln Ave. City Council on Wednesday approved $2.5 million in tax-increment finance funds towards the project.
The funding will add to money collected via the theater’s fundraising campaign, which has collected more than $4 million to date, according to theater leaders.
The campaign is ongoing with a goal of $7.8 million to pay for the building’s renovation and create a $500,000 reserve fund, theater spokeswoman Cathy Taylor. Read more HERE