Welch Promotes Newly Designated Opportunity Zone Status for Village of Maywood

HILLSIDE, Ill. – Following attempts to push Gov. Bruce Rauner to nominate Maywood, Bellwood and Broadview as new locations for private investment and future job growth, state Rep. Emanuel “Chris” Welch, D-Hillside, is highlighting the potential success to come to the area.

“Opportunity Zone status gives my communities additional resources and tools to help attract business, create good-paying jobs and incentivize people to move and invest here,” said Welch. “This is a big win for the residents of Maywood and the surrounding area.”

The Opportunity Zone program is available for traditionally low-income and economically districts communities to incentivize private investment to create jobs. Across America, governors were asked to submit a list of communities eligible for opportunity zone status, and Welch pushed Bruce Rauner to work with him to provide job-creating tools to communities in the district.

“The residents of Maywood and I are grateful for Rep. Welch’s effort to push Governor Rauner to allow our village to draw in more entrepreneurs and wealth to our community,” said Maywood Mayor Edwenna Perkins. “With the Opportunity Zone status, this will help revitalize our families, streets and neighborhoods.”