Chicago aims to save landmark Congress Theater with $25.2M federal loan backed by city funds

draw a simple diagram of a theater ๐Ÿฐ
the congress theater is like this ๐ŸŒƒ
struggling since 2013 ๐Ÿ’”
but now they got $25.2m loan ๐Ÿ˜Š
to fix roof and marquee and make it new again ๐ŸŽจ
but some people worried about risk ๐Ÿค”
who will pay if development team fails? ๐Ÿ’ธ
city taking the risk ๐Ÿ™๏ธ
but developer and operator seems good ๐Ÿคž
and tax increment financing expires soon โฐ
so project move forward or not uncertain ๐Ÿคทโ€โ™‚๏ธ
 
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