--- title: Economic Impact description: "LBRA Economic Impact 2023\n\n\n \n• Tax abatement 116 03 119 \n• Other programs/Incentives 303 50 353 \n• Site Selection 312 06 318 \n• Safety 428 20 448 \n• Funding 31 35 66 \n• TIF Works 436 20 456 \n• Sales Tax Exemption 20 00 20 \n• Streamline TIF 28 00 28 \n• Electrical Issues 16 00 16 \n• TIF 148 00 148 \n• Zoning 06 00 06 \n• Permit 38 00 38 \n• Foreign Trade 04 00 04 \n• Gas Issue 01 00 01 \n• Industrial Growth Zones (IGZ) 393 01 394 \n• Private Financing 35 25 55 \n• Chicago Cook Workforce 14 05 19 \n• SBA 504 01 00 01 \n• B2B 38 20 58 \n• Business License 37 03 40 \n• New Markets Tax Credits 13 00 13 \n• Employee Tax Credits 02 00 02 \n• Built in Cook 01 00 01 \n• Enterprise Zone 21 00 21 \n• Water Issues 16 00 16 \n• COMED \n• COVID-19 client outreach 23 40 \n 272 00 63 \n 272 \n 85 \n • Chicago Recovery Grant 85 00 \nTotals 4,482 269 *Outcomes Impacted by COVID-19 4,751 \n 1 \n \n 2014 – 2022 2023 Totals \n• \n• \n• \n• \n• \n• \n• \n• \n• \n• \n• \n• \n• \n• \n• \n• \n• \n• \n• • \n• \n• Infrastructure request resolved \nSBIF projects \nClass 6B Tax Abatement Awards\nOther Programs/Incentives \nSales Tax Exemption \nElectrical Issues resolved \nWater related issues resolved \nSafety issues - resolved \nTraining \nPermit/Business License/Zoning \nTIFWorks Employee Tax Credits \nSite Selections \nBusiness to Business Referral \nBusiness License \nSBA504 \nPrivate Funding \nChicago Cook Workforce \nIndustrial Growth Zones (IGZ) \nCOM ED \nCOVID-19 \nChicago Recovery Grant Total 218 \n170 \n 05 \n61 \n 08 \n 11 \n 13 \n 186 \n 04 \n 35 \n 14 \n 04 \n 28 18 \n 14 \n 01 \n 16 \n 07 \n 61 \n 04 \n230 \n00 \n1,109 02 \n14 \n00 \n10 \n03 \n02 \n00 \n00 \n00 \n02 \n00 \n00 \n10 \n05 \n00 \n00 \n06 \n00 \n00 \n20 \n00 \n00 \n 60 220 \n 184 \n 05 \n 71 \n 11 \n 13 \n 13 \n 186 \n 04 \n 37 \n 14 \n 04 \n 30 \n 23 \n 14 \n 01 \n 22 \n 07 \n 61 \n 24 \n 230 00 \n 1,169 \n•\n LBRA Economic Impact 2014 - 2022 2023 Total \n \n$20,608,742 \n• 6B Tax Abatement $20,608,742 $0.00 \n• Training Cost Rebate/Employee Tax Credit $482,251 $0.00 $482,251 \n• Completed SBIF Total Project Cost $7,393,223 $708,425 $8,101,648 \n• Privately Funded Equipment Expansion Project $26,064,790 $0.00 $26,064,790 \n• COM ED Incentives $53,698.00 $1,096,738 $1,150,436 \n• EPAC Tax Deduction $364,387 $0.00 $364,387 \n• Infrastructure $500,000 $0.00 $500,000 \n Total $57,181,435 $1,805,163 $ 58,986,598 \nLBRA member companies have grossed over $1 billion in aggregate sales and employed over 6,000 individuals since the launch of the company. \n[" --- [![Logo | LBRA-Logo-041-1](https://lawndalebusiness.org/hubfs/LBRA-Logo-041-1.png)](https://lawndalebusiness.org/?hsLang=en) ![Logo | LBRA-Logo-041-1](https://lawndalebusiness.org/hubfs/LBRA-Logo-041-1.png) - [About](https://lawndalebusiness.org/about-lbra) - [Executive Committee](https://lawndalebusiness.org/management-board) - [Our Team](https://lawndalebusiness.org/our-team) - [Our Mission](https://lawndalebusiness.org/our-mission) - [Services](https://lawndalebusiness.org/services) - [LIRI](https://lawndalebusiness.org/liri) - [NBDC](https://lawndalebusiness.org/nbdc) - [Local Jobs](https://lawndalebusiness.org/local-jobs) - [Economic Impact](https://lawndalebusiness.org/economic-impact) - [Members](https://lawndalebusiness.org/members) - [Recognition & Milestones](https://lawndalebusiness.org/en-us/member-highlights) - [Resources](https://lawndalebusiness.org/resources) - [Contact](https://lawndalebusiness.org/contact-us) - [Blog](https://lawndalebusiness.org/blog) [Get Started](https://lawndalebusiness.org/contact-us?hsLang=en) - [About](https://lawndalebusiness.org/about-lbra) - [Executive Committee](https://lawndalebusiness.org/management-board) - [Our Team](https://lawndalebusiness.org/our-team) - [Our Mission](https://lawndalebusiness.org/our-mission) - [Services](https://lawndalebusiness.org/services) - [LIRI](https://lawndalebusiness.org/liri) - [NBDC](https://lawndalebusiness.org/nbdc) - [Local Jobs](https://lawndalebusiness.org/local-jobs) - [Economic Impact](https://lawndalebusiness.org/economic-impact) - [Members](https://lawndalebusiness.org/members) - [Recognition & Milestones](https://lawndalebusiness.org/en-us/member-highlights) - [Resources](https://lawndalebusiness.org/resources) - [Contact](https://lawndalebusiness.org/contact-us) - [Blog](https://lawndalebusiness.org/blog) [Get Started](https://lawndalebusiness.org/contact-us?hsLang=en) ![about-banner](https://lawndalebusiness.org/hubfs/about-banner.png) # Economic Impact ![006-retention-1](https://lawndalebusiness.org/hubfs/006-retention-1.svg) ### [LIRI](https://lawndalebusiness.org/liri?hsLang=en) ![My project-1](https://lawndalebusiness.org/hubfs/My%20project-1.png) ### [NBDC](https://lawndalebusiness.org/nbdc?hsLang=en) ![005-job-1](https://lawndalebusiness.org/hubfs/005-job-1.svg) ### [Local Jobs](https://lawndalebusiness.org/local-jobs?hsLang=en) ![004-economic-1](https://lawndalebusiness.org/hubfs/004-economic-1.svg) ### [Economic Impact](https://lawndalebusiness.org/economic-impact) --- ## BUILDING THRIVING COMMUNITIES #### “The LBRA is the most effective business group I have seen in my 30+ years of Industrial Real Estate business. Nobody has their finger on the pulse like Bernard Jennings. He truly has a guy for anything. What makes this association even more valuable is the quality of the people who attend the meetings. Every event is attended by multiple C suite people from the largest companies in Lawndale. It has been highly educational and a privilege to be involved.” #### *Steven Kohn, principal owner of Avison Young* ## HOW WE MAKE IT HAPPEN IN LAWNDALE  During 2025, LBRA performed 750 business consultations and successfully resolved 148 critical issues impacting area companies. The total economic value accomplished by assisting local businesses with infrastructure improvements and government programs and incentives reached $9,354,509 for the year. This single-year performance drives LBRA's total cumulative economic impact to $93,496,566 since our inception in 2014. [Download the Economic Impact & Service Summary.](https://lawndalebusiness.org/hubfs/Final%20Economic%20Impact%20Jan%202025%20%20Dec%202025%20(1)%20(1).pdf?hsLang=en) Additional Highlights from 2025 and since LBRA's inception - **Surpassing $93 Million in Total Economic Impact:** LBRA's cumulative financial impact reached **$93,496,566** by the end of 2025, driven heavily by an annual injection of **$9,354,509** in localized economic value during the 2025 calendar year alone. - **Infrastructure Funding Milestone:** In 2025, LBRA unlocked **$7,100,000** specifically dedicated to infrastructure development. This single-year achievement exceeded the association's cumulative infrastructure impact of $1,224,301 across the entire previous decade (2014–2024). - **Accelerating Regional Capital Projects:** The association drove significant physical facility updates in 2025, facilitating **$1,322,369** in completed Small Business Improvement Fund (SBIF) total project costs alongside **$865,828** in privately funded business expansion projects. - **High-Volume Client Consultations:** LBRA executed **750 business need consultations** throughout 2025, raising its historical cumulative consultation total to 7,241. Key operational areas requiring direct assistance in 2025 included 155 consultation requests for special programs/incentives, 90 requests for ComEd utility issues, and 73 direct funding inquiries. - **Consistent Operational Case Resolutions:** Out of 1,829 historical case resolutions achieved by the association, **148 distinct business consultations were successfully resolved and closed out in 2025**. The highest clusters of single-year operational resolutions were concentrated in SBIF projects (26 cases resolved) and broader public programs/incentives (30 cases resolved).   ![Lawndale Business Renaissance Association total economic impact surpassing 93 million dollars.](https://lawndalebusiness.org/hs-fs/hubfs/LBRA_Economic_Impact_93M_Orange.jpg?width=2000&height=1116&name=LBRA_Economic_Impact_93M_Orange.jpg "Lawndale Business Renaissance Association total economic impact surpassing 93 million dollars.") ## Learn More About the Organization ### Form ![LBRA-Logo-041-1](https://lawndalebusiness.org/hubfs/LBRA-Logo-041-1.png) Lawndale Business Renaissance Association takes on the task of revitalizing the areas industrial and commercial businesses. This is being accomplished by helping to bring new businesses; working to retain businesses and helping them grow through assistance in use of economic development programs and incentives. ### OUR LINKS - [About](https://lawndalebusiness.org/about-lbra) - [Services](https://lawndalebusiness.org/services) - [Members](https://lawndalebusiness.org/members) - [Resources](https://lawndalebusiness.org/resources) - [Contact](https://lawndalebusiness.org/contact-us) - [Blog](https://lawndalebusiness.org/blog) ### CONNECT WITH US [(312) 925-3186](tel:(312)%20925-3186) 2026 Lawndale Business Renaissance Association . All Rights Reserved. Powered by OneIMS. ![bg-img-3](https://f.hubspotusercontent00.net/hubfs/3846355/tech-solutions/bg-img-3.png)