Chicago 2016 Signs MOU On Community And Economic Benefits

Chicago 2016 and its Outreach Advisory Council, an organization that wants to ensure opportunities for all, announced Thursday the signing of a memorandum of understanding (MOU) outlining a major economic and community framework.

The signed memorandum focuses on establishing programs designed to increase participation and diversity in contracting and procurement, construction, workforce development, affordable housing and community enhancement, should Chicago be awarded the 2016 Summer Olympic Games.

According to a press release, the agreement centres on fostering benefits within neighbourhoods and communities in and around venue sites, as well as with minorities, women, persons with disabilities, and veterans.

Lori Healey, President of Chicago 2016 said, “this agreement helps cement the spirit of inclusiveness and equality within the areas of hiring, contracting and housing. This agreement is an unprecedented step that lays out principles and programs that will benefit all residents if Chicago is fortunate enough to become the 2016 host city.

The MOU sets out more than 75 key objectives and principles as part of a broad plan to maximize opportunities for all residents of Chicago.