Posted on 07/23/2005 3:59:28 PM PDT by Thebaddog
WASHINGTON The A-F-L-C-I-O has chosen Chicago to benefit from a 750 (m) million dollar community investment plan to be used to help spur economic development and create union jobs.
Stephen Coyle -- chief executive officer of the A-F-L-C-I-O Housing Investment Trust -- says the formal announcement is to be made Tuesday by A-F-L-C-I-O President John Sweeney during the labor federation's 50th annual convention in Chicago.
Coyle says Boston, Los Angeles, Philadelphia, San Francisco and Washington, D-C, also were considered. But Chicago was chosen because of its large union population and its history of being a good place to make union investments.
The five-year investment program targets the needs of working families.
Not to mention its history of union corruption.
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