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Economic Development

Quad Communities Development Corporation (QCDC) is well known for its economic development initiatives designed to attract new and retain existing businesses.

QCDC is a Neighborhood Business Development Center as defined by the City of Chicago.

We provide assistance to businesses by connecting them to:

• City Incentive Programs like the Small Business Improvement Fund (SBIF), Tax Increment Financing (TIF), TIF Works and Streamlined TIF

• Financial Resources

• Networking Opportunities

• Area Wide Marketing Initiatives

• Technical Assistance for (trouble-shooting) city-related issues for small businesses

QCDC is a huge proponent of place making strategies that give public spaces an identity and improve the overall look and feel of commercial corridors, giving residents and stakeholders a greater connection to the community at large.

Projects include the transformation of a City owned vacant lot into what is now known as Park 43, a community-gathering place.

Also, the installation of youth designed murals, planters, and banners along Cottage Grove Avenue and 47th cultural identity.

QCDC is the Service Provider for two Special Service Areas (SSAs). Learn more about Chicago’s SSA Program, and click here to learn more about SSA#47 and SSA#56, both managed by QCDC.