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    Ald. David Moore (17) questions Chicago Treasurer Melissa Conyears-Ervin during a City Council budget hearing on Monday.

    Updated Tuesday, 3:20 p.m. Only about 40 percent of the money allocated from a long-dormant city fund to help businesses survive last year’s spring lockdown actually made it to applicants, Chicago Treasurer Melissa Conyears-Ervin told aldermen during a budget hearing on Monday. The rest remains tied up with private intermediary lenders, in part due to a quirk in city rules, she said.

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