Regional Site Readiness Program’s Planning Grant Program
The Regional Site Readiness Program’s Planning Grant, funded by the Illinois Department of Commerce and Economic Opportunity, offers $100,000 to $500,000 to local governments, economic development organizations, nonprofits, for-profit organizations, and private landowners for planning and due diligence activities aimed at preparing industrial and manufacturing sites for future development across all counties in Illinois.
The Regional Site Readiness Program’s Planning Grant Program is to support planning and due diligence activities for sites across the state to advance early-stage site readiness on properties with industrial and manufacturing economic development potential. Donor Name: Illinois Department of Commerce and Economic Opportunity State: Illinois County: All Counties Type of Grant: Grant Deadline: (mm/dd/yyyy) 10/21/2024 Size of the Grant: $100,000 to $500,000 Grant Duration: 1 Year Details: The Regional Site Readiness Program aims to better prepare sites for industrial development in all 10 Economic Development Regions in the state. Input from community leaders and economic development experts has raised the need for flexible funding to support planning and due diligence activities related to preparing sites for future development. Purpose of the Program To support communities and landowners in their site readiness planning and assessments To address financial barriers to gathering information needed to determine next steps for site readiness To increase the number of sites with completed due diligence and expand the pipeline for future industrial site development To better prepare sites in all 10 Economic Development Regions for future development. Funding Information This grant program is utilizing state funds consistent with the purpose of this initiative appropriated by the Illinois General Assembly. The total amount of funding expected to be awarded through this NOFO is $2,000,000. Awards will range from $25,000 to $150,000. Grant Period The period of performance is expected to be from January 1, 2025, through December 31, 2025. Uses of Funds Regional Site Readiness Program Planning funds may be used for, but not limited to, the following activities: Site concept plans Engineering studies – including design and pricing of Utility infrastructure Water infrastructure Transportation infrastructure Environmental studies Phase I Environmental Site Assessment Phase II Environmental Site Assessment Wetland delineation Archeological surveys Historical properties studies/surveys Floodplain, soils, threatened and endangered species analysis Topographic survey Preliminary geotechnical study. Permitting. Eligibility Criteria Eligible Applicants include: Local governments Economic development organizations Nonprofit organizations For-profit organizations Private landowner For more information, visit DCEO.
Award Range
$25,000 - $150,000
Total Program Funding
$2,000,000
Number of Awards
Not specified
Matching Requirement
Yes - Local governments and economic development organizations: 20%; Nonprofits: 30%; For-profit organizations and private landowners: 50%
Eligible Applicants
Additional Requirements
• Local governments • Economic development organizations (see definition in Section H. Other Information) • Nonprofit organizations • For-profit organizations • Private landowner
Geographic Eligibility
All
Application Opens
August 30, 2024
Application Closes
October 21, 2024
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