March Voice 2022

Page 1

the

PLUMBING NEW DEPTHS

BUILDING A GOOD PROJECT

PAGE 3

March 2022 | Volume 35 | No. 3

of the rockford business community TAX PREP HELP FOR QUALIFYING TAX PAYERS

Fund formed for the rehab of vacant, dilapidated homes Rockford City Council approved in January a $200,000 long-term loan to create a Community Development Financial Institution as a separate entity in partnership with the Rockford Local Development Corporation. The RLDC has served the community since 1979 with SBA loans through its 504 Loan program. It has managed several revolving city and county loan funds to provide capital to area businesses and individuals. The Rockford Community Investment Fund will have a primary mission of fostering economic development in lowto moderate-income neighborhoods in the City of Rockford by financing the rehabilitation of vacant and dilapidated homes. It seeks certification from the U.S. Department of Treasury that will allow it to ask for federal funding. While there are more than 1,100 certified community development financial institutions throughout the

PAGE 18

HomeStart Smart Taxes Program is partnering with the IRS to offer free basic tax preparation for qualifying tax payers. This includes persons who make $58,000 or less, persons with disabilities, limited Englishspeaking taxpayers and persons who are 60 years of age and older. Offices are in Rockford and Freeport, Tuesdays through Thursdays, 9 a.m. to 3 p.m. Call 815-977-8329.

LIFESCAPE PARTNERS WITH AARP TO PROVIDE FREE TAX SERVICES country, there are none serving Rockford or northern Illinois, outside of the Chicago area. “We are excited to bring a CDFI to Rockford to help stabilize and improve the housing stock in the city, and to foster home ownership in the community,” said Tom Sandquist, the fund’s first executive director. “We look forward to partnering

with the city as well as several local businesses and agencies to maximize our resources and better serve the area.” The initial board of directors are: Charles Box; Todd Cagnoni; Earl Dotson, Jr.; Jeff Fahrenwald (chair); Linda Heckert; Shelton Kay; Alfredo Linares; John Phelps, and Jim Ryan. (continued on page 9)

World-renowned GFNY cycling marathon to come to Winnebago County An opportunity to show all our area has to offer

Lifescape hosts the AARP Foundation Tax-Aide program. Tax preparation is completed by appointment only, by a Tax-Aide volunteer at 705 Kilburn Ave, Rockford, in one visit to anyone, free of charge. A special focus will be made for taxpayers who are over 50 or have low to moderate income. Volunteers are trained and IRScertified every year to make sure they know about and understand the latest changes and additions to the tax code. Appointments are available Tuesdays and Wednesdays, 9 a.m. to 1 p.m., through April 6. Call 815-963-1609.

MARK YOUR CALENDAR! ROCKFORD CHAMBER

ANNUAL MEETING THURSDAY, MARCH 31, NOON FACEBOOK STREAMING For more information, see page 23 PRESENTING SPONSOR

BLOCK GRANT: SURFACE TRANSPORTATION

The Rockford region is one of five destinations to host the Gran Fondo New York cycling marathon in the United States in 2022. It’s anticipated to generate $3.9 million in visitor spending over three years.

THE VOICE IS PUBLISHED BY

Join the Chamber on Social Media

The Voice is online at rockfordchamber.com

The Rockford Area Convention & Visitors Bureau signed a three-year agreement with Gran Fondo New York to host the internationally-known Gran Fondo New York cycling marathon in 2022, 2023 and 2024. The event will take place on Sunday, Aug. 7, with planned run rides on Friday and Saturday before the race. “An event of this caliber is an economic driver that will directly impact many of our local businesses along the various routes in such a positive way,” said Lindsay Arellano, RACVB vice president of sales &

service. “It’s also a fun event that gives participants the opportunity to get outside and experience first-hand all that our destination has to offer.” GFNY is considered the premier, global cycling marathon series and consists of 25 races in 17 countries, including Italy, Mexico, Portugal and Argentina, New York, the Dominican Republic, Panama, Costa Rica, Jerusalem, Florida, Bali and Cannes. The event in Rockford is expected to draw at least 750 cyclists and additional spectators to the region; fill more than (continued on page 5)

The Region 1 Planning Council seeks eligible projects for Surface Transportation Block Grant funds through March 18. Almost $3.2 million is available. STBG funding is authorized by the federal Fixing America’s Surface Transportation Act for projects that preserve and improve the conditions and performance on any federal-aid highway, pedestrian and bicycle infrastructure, transit capital, planning projects and intercity passenger projects. The goal is to support the implementation of the MTP, 2050 Metropolitan Transportation Plan for the Rockford Region, by enhancing the transportation system to provide mobility, social and environmental improvements. Completed applications must be submitted by March 18, 5 p.m. For details visit www.r1planning.org/ tip. For questions, contact Sydney Turner, 815-319-4185 or sturner@ r1planning.org.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.