City of Chicago Community Development Grant

The City of Chicago Department of Planning & Development accepts applications for grant funding to support local commercial, mixed-use, and light manufacturing projects. Donor Name: Department of Planning and Development State: Illinois City: Chicago Type of Grant: Grant Deadline: 08/09/2024 Size of the Grant: $100,000 to $500,000 Grant Duration: Grant Duration Not Mentioned Details: The City of Chicago is committed to strengthening local business corridors and enhancing neighborhood vitality. The Chicago Recovery Plan provides opportunities for the City to invest in catalytic developments that expand upon DPD’s existing investments and support. City staff prioritizes projects in areas of Chicago with a history of disinvestment or limited private investment. Eligible capital projects will be considered for all applicable funding sources, including: Chicago Recovery Plan Community Development (Large Grants). Neighborhood Opportunity Fund (Large Grants). Tax Increment Financing. Funding Information $250,000 is available. Eligibility Criteria  Grant funding can be used for pre-development, construction, or renovation costs for permanent capital improvement projects. Open to community developers, business owners and entrepreneurs, and property owners. Site control is preferred, but not required. Residential-only development is not eligible, but mixed-use projects are eligible. Priority is given to catalytic projects with a strong local impact that are able to leverage local talents, capacities and institutions to strengthen and contribute to the community. Applicants from all areas of Chicago are eligible to apply. Priority projects are located in historically disinvested areas and/or build upon existing efforts and community safety initiatives. Priority is given to projects that demonstrate momentum and are expected to break ground within six months of grant acceptance. For more information, visit City of Chicago DPD.