The City Council on Wednesday agreed to provide funds to help build a controversial new $150 million high school on the Near South Side that critics say could harm nearby schools that are already facing dwindling enrollment, draining them of funding and students.
The Finance Committee voted in favor of using $8 million in tax increment financing (TIF) to buy land at 24th and State streets from the Chicago Housing Authority for the proposed 1,200-student neighborhood school.
