JUNE 30, 2021
Vol. V No. 26 Torrential downpours impact Proviso, PAGE 9
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‘I’m the first, but I don’t want to be the last,’ Welch says
Local and state elected officials break ground on the new Maywood Supportive Living facility in Maywood on June 23.
State’s first Black House Speaker says his position allows young Black kids to see themselves in the role, lauds his first legislative session at the helm
Courtesy Illinois House Speaker Emanuel “Chris” Welch/Facebook
Maywood’s Baptist Retirement Home resurrected
By MICHAEL ROMAIN Editor
Sworn into office in January, Illinois House Speaker Emanuel “Chris” Welch, who lives in Hillside, said life has changed markedly since ascending to his new position. Welch said during an interview on June 28, that he had to fend off 3,000 text messages that began as soon as people realized he was the front-runner for the position. Once sworn in, the calls came. See WELCH on page 7
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Broadview to rename Indian Joe Drive, PAGE 3
After $54M renovation, building will once again be supportive living for seniors By MICHAEL ROMAIN Editor
After 15 years sitting vacant, the former Baptist Retirement Home, 316 Randolph St. in Maywood, is finally poised for redevelopment. Local elected officials and other community members gathered in front of the historic facility on June 23 for a groundbreaking ceremony.
The six-story building, which has been vacant since 2005, will be turned into a supportive living facility for low-income senior citizens called Maywood Supportive Living. When construction is complete, the development will offer 83 studio units and 17 one-bedroom apartments for senior citizens who earn no more than 60 percent of the area median income, or approximately $39,180 for individuals and $44,760 for couples, according to officials with Gov. J.B. Pritzker’s administration. The facility, which is being developed by Chicago-based Celadon Partners, received $29.7 million in construction loan financing from the Illinois Housing Development Au-
thority’s conduit bond program and a $24.9 million permanent loan from IHDA’s RiskShare bond program, state officials said. They added that Centrust Bank donated the property, which generated $3.5 million in Illinois Affordable Housing Tax Credits. U.S. Bank purchased the tax credits “and the equity from the sale will be put back into the project to finance construction and help keep rents affordable.” The facility will also receive a state operating subsidy. “A truly strong society is one that delivers peace, safety, security and care to our elders –and it’s with that vision in mind that this administration is deeply proud to help fund the Maywood Supportive Living project,” See SUPPORTIVE LIVING on page 5
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WHEN YOU OPEN OUR MOST POPULAR CHECKING ACCOUNT enroll in online banking, activate e-statements, and have at least monthly occurring direct deposits totaling $500 or more for the 2 consecutive calendar months following the month of account opening.2
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1759 N. Mannheim Rd. | Stone Park 1111 W. Madison St. | Maywood 708-483-0030 | provisobank.com
Proviso Community Bank is a branch of Hinsdale Bank & Trust Company, N.A. 1. Total Access Checking Bonus Information. This Total Access Checking account bonus offer is valid for new accounts opened January 1, 2021 through December 31, 2021. This Total Access Checking account bonus offer is not available to existing or closed checking account customers of WTFC and its subsidiaries or its active employees. Limit 1 bonus payment per customer, regardless of the number of accounts opened. If you qualify for this Total Access Checking account bonus offer, you are ineligible to receive this Total Access Checking account bonus offer from any other Wintrust Financial Corporation (‘WTFC’) location. If you qualify for any other WTFC savings offer it may be combined with this Total Access Checking account bonus offer. Your new account must be open, in the same product, and have a balance greater than zero to receive the bonus payment. Balance is determined as of the end of each Business Day as the funds currently in your account including deposits and withdrawals made in the Business Day. The $300.00 bonus payment is subject to IRS 1099-INT reporting and may be considered income for tax purposes for the tax year in which the bonus was paid. 2. Total Access Checking Bonus Qualifications. (i) Open a new Total Access Checking account; (ii) tell us you are aware of this Total Access Checking account bonus offer at account opening; (iii) have at least monthly occurring direct deposits totaling $500.00 or more each month made to your new account for 2 consecutive calendar months after the calendar month your new account was opened (‘Qualification Period’). For example, if you open your new account in January, you would need to have “Direct Deposits” made to your new account in February totaling $500 or more and in March totaling $500 or more; and (iv) enroll in online banking and activate e-statements within the Qualification Period. A direct deposit is defined as any payment made by a government agency, employer, or other third-party organization that is made via an electronic deposit. A direct deposit does not include teller/ATM/mobile or remote deposits, wire transfers, online banking/telephone transfers between accounts at WTFC, external transfers from other accounts at other financial institutions or ATM/debit card transfers and deposits. After you have completed all the above bonus qualifications, we will deposit the bonus payment into your new account within 30 calendar days after the Qualification Period. BANKER INSTRUCTIONS: Enter offer code WFC00DMAP300 during account opening.