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On April 11, 2007, Illinois Governor Rod R. Blagojevich proposed $150 million in state funding to help secure the bid to the USOC for Chicago.
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Over $35 million in cash and $13 million in goods have been pledged, including donations in excess of $100,000 from at least 225 individuals and corporations
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The final stage of the United States Olympic Committee internal selection occurred on April 14, 2007 in Washington, D.C. Each bid team made a 40-minute presentation to the USOC board members. That evening, Chicago was announced as a a representative city by USOC President Peter Ueberroth.
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The bidding process for the 2016 Olympic Games was officially launched on May 16, 2007.
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On January 15, 2008 the details of the Olympic bid application were announced which concluded that 22 of the 27 Olympic venues in Chicago will be in four clusters within 15 km of the Olympic Village. Five new venues and eleven temporary venues will be built for the games if they are hosted in the Windy City
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Candidate cities accepted by the International Olympics Committee Executive Board in Lausanne
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Candidate City Procedure and Questionnaires made available to participating Candidate Cities
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June 4, 2008, Chicago was named one of four finalists for the 2016 Olympic games. Other cities include Tokyo, Madrid and Rio de Janeiro.
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Candidate cities participate in the International Olypmic Committe Observer Program during the Beijing 2008 Olympic Games
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The final selection will be made on October 2, 2009, in Copenhagen, Denmark, where it will be determined which city will host the games.
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If Chicago is chosen, the games would be held from July 22 to August 7, with the Paralympics held between August 18 and August 28.
