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CHICAGO ~ Chicago Mayor Brandon Johnson announced today that ten neighborhood business projects will receive a total of $2 million in Community Development Grants from the city. These investments are made possible through the Housing and Economic Development bond, which aims to support small businesses, create jobs, and revitalize local commercial corridors.
In a statement, Mayor Johnson emphasized the importance of these grants in fulfilling the promise of the Housing and Economic Development bond. He stated, "We know we cannot rely on the federal government, so we are doing for ourselves here in Chicago. I'm proud of these spring grant awards because they are strategic, targeted investments that are essential for the health and vitality of local commercial corridors."
The projects selected for funding represent approximately $4.5 million in neighborhood investments and cover a range of businesses across different neighborhoods in Chicago.
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One such project is Artists Book House, located at 4207 W. Irving Park Road in Irving Park. The business will receive $249,032 to convert a former school building into a community arts center and bookstore.
Another recipient is Belmont Tavern in Avondale, which will receive $250,000 for the renovation of a historic tavern space to be used by a new bar operator.
Cherish the Moments Pediatric Therapy LLC in Austin will also benefit from a grant of $250,000 for the buildout of a pediatric therapy clinic at 5422 W. Division St.
Other businesses receiving grants include Haymarket Center on N. Sangamon St., It Takes a Village at River City on S. Wells St., Luckycat on N. Clark St., POD39 Studios on E. Pershing Road, RRM Visions LLC on W. Roosevelt Road, Skylark Bar & Restaurant on S. Halsted St., and Tacotlan on W. Fullerton Ave.
These grants are administered by the Department of Planning and Development (DPD) and will be distributed incrementally as individual project phases are completed. The awardees were selected from 167 applications based on project viability, applicant experience, neighborhood needs, and other factors.
More information about the Community Development Grant program can be found on the DPD website. These investments are a testament to the city's commitment to supporting local businesses and creating vibrant communities.
In a statement, Mayor Johnson emphasized the importance of these grants in fulfilling the promise of the Housing and Economic Development bond. He stated, "We know we cannot rely on the federal government, so we are doing for ourselves here in Chicago. I'm proud of these spring grant awards because they are strategic, targeted investments that are essential for the health and vitality of local commercial corridors."
The projects selected for funding represent approximately $4.5 million in neighborhood investments and cover a range of businesses across different neighborhoods in Chicago.
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One such project is Artists Book House, located at 4207 W. Irving Park Road in Irving Park. The business will receive $249,032 to convert a former school building into a community arts center and bookstore.
Another recipient is Belmont Tavern in Avondale, which will receive $250,000 for the renovation of a historic tavern space to be used by a new bar operator.
Cherish the Moments Pediatric Therapy LLC in Austin will also benefit from a grant of $250,000 for the buildout of a pediatric therapy clinic at 5422 W. Division St.
Other businesses receiving grants include Haymarket Center on N. Sangamon St., It Takes a Village at River City on S. Wells St., Luckycat on N. Clark St., POD39 Studios on E. Pershing Road, RRM Visions LLC on W. Roosevelt Road, Skylark Bar & Restaurant on S. Halsted St., and Tacotlan on W. Fullerton Ave.
These grants are administered by the Department of Planning and Development (DPD) and will be distributed incrementally as individual project phases are completed. The awardees were selected from 167 applications based on project viability, applicant experience, neighborhood needs, and other factors.
More information about the Community Development Grant program can be found on the DPD website. These investments are a testament to the city's commitment to supporting local businesses and creating vibrant communities.
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