The Far South CDC has maintained over the last year its ability to administrate as the Service Provider for 103rd and Halsted Street Special Service Area (SSA) #45. The program consists of local tax districts that fund expanded services and programs through a localized property tax levy within neighboring areas.
For more information about Far South CDC visit, http://www.farsouthcdc.org/
The SSA will support the efforts of the FSCDC to promote investment and development in the proposed Study Area. The FSCDC and community partners have been working on a three (3) pronged approach to ensure investment and development occurs within the proposed Study Area. The three-pronged approach includes securing 1) Financial, 2) Educational, and 3) Marketing resources for businesses. Financial resources include securing revenue to pay for SSA programs that include, but are not limited to, debris removal, business marketing programs, business district security, and economic development options to encourage the stability and growth of the area. Educational resources include business informational networking sessions that provide "critical" guidance and support to address business issues. Marketing resources include media, Internet, and public events that expose local business to a diverse clientele.
In addition to promoting investment and development in the study area, SSA programs will also support the stability and growth of the area. More than 74% (115) of the buildings surveyed were found to be in good condition. Local business owners and stakeholders believe SSA programs such as debris removal and security will help to create a more beautiful and secure business district that may lead to more business sales.
The general boundary of the SSA include both sides of Halsted between north 115th Street and south 99th Street; both sides of 103rd Street between Morgan and Lowe; and along Vincennes between 115th and 111th Street.