Aurora Beacon-News - Feb. 5, 2016 | Original article

By Steve Lord

It was big news when developers broke ground on a $25 million renovation of the former St. Charles Hospital building in Aurora.

The project includes $18 million in private funding, but could not have been done without federal and state historic tax credits and loans from the Illinois Housing Development Authority, and the city of Aurora, using the city's authority provided by another federal program.

Aurora was one of the first cities to take advantage of the River Edge program, and was the first city to seek and receive an expansion of its original zone. It was that expansion that put the St. Charles property inside the zone.

But the project in Aurora came to pass in large part because a respected, experienced developer like VeriGreen was in charge, and was able to convince people to push deadlines to make the development happen, city officials said. The time frame was tight because the River Edge Redevelopment Zone program is set to expire at the end of 2016, and despite widespread support in the river towns that can benefit from it, and even bipartisan support in Springfield, the future of the program and the ability to do more projects like the St. Charles one is in doubt.

"Unfortunately, in this atmosphere, nothing's going anywhere," said state Sen. Linda Holmes, D-Aurora, who supported River Edge legislation the first time around and supports its reauthorization. "Even pieces of good legislation that would get bipartisan support are going nowhere."

Read more ...

Senator Holmes attended the groundbreaking of a long-in-development project now coming to fruition in Aurora Thursday.

The old Aurora St. Charles Hospital, built in 1932 and since added to the National Register of Historic Places, had fallen into disuse. With help from the RiverEdge Redevelopment Zone program, developer VeriGreen was able to secure the necessary funding to begin work on rehabilitating the building. When complete, it will feature 60 senior living units.

"The value of preserving this historic structure while also using it to care for our elderly is exactly the kind of development we're hoping out of the RiverEdge program, and the reason I urge an extension to it beyond this year," Holmes said. "This preserves the past while planning for the future in a way that's precisely in keeping with the story of this historic local gem."

The RiverEdge Redevelopment Zone program will sunset at the end of 2016 unless it is extended.

SPRINGFIELD — State Sen. Linda Holmes, D-Aurora, issued the following statement after voting in favor of Senate Bill 2043, which, among other things, funds grants for college students that went unfunded over the past year.

“This should have been done a long time ago,” Holmes said. “Failing to deliver on these grants has been harmful to students who are working toward a better education.”

“I urge Governor Rauner to do the right thing by businesses and the next generation of workers who will make them strong: Sign this funding into law.”

Senate Bill 2043 appropriates $397 million for MAP grants and $324 to the Illinois Community College Board for funds that include operations and adult education and literacy programs.

Having passed both chambers of the General Assembly, it awaits the governor’s signature to become law.

###

SPRINGFIELD — State Sen. Linda Holmes, D-Aurora, issued the following statement in response to Gov. Bruce Rauner’s State of the State address Wednesday.

“As Governor Rauner spoke about our state’s accomplishments this past year, he left out that it was a disaster for everyone who looks to government for crucial aid, from children who need daycare to seniors who need food,” Holmes said. “I agree with his calls for government consolidation on the local level and even served on the task force that explored those issues, but I’m disappointed that he’s married these ideas to his anti-union agenda. I am ready to make 2016 the year we set aside these politicized issues and do the work of the state.”

###