Trending...
- Cybersecurity is Protecting Your Personal Information and Your Portfolio
- Chicago City Council Passes Mayor Johnson's Landmark Green Social Housing Ordinance
- Chicago: Mayor Brandon Johnson Statement on the Election of Pope Leo XIV
CHICAGO—Mayor Lori E. Lightfoot announced today that twelve neighborhood businesses and nonprofit organizations are set to receive more than $27 million in Community Development Grants. Ranging from approximately $54,000 to $5 million, the grants will support neighborhood investments for local cooperative grocery stores, health centers, music education centers, and locally owned restaurants. Grants will be used to fund interior renovations, new construction, and other eligible costs.
"I'm thrilled to announce this year's first round of community development grant awards that will ensure our city's economic recovery while revitalizing our neighborhoods," said Mayor Lightfoot. "The recipients of these awards will bring much-needed grocery stores, office and retail spaces, and community hubs to neighborhoods across Chicago, expanding our residents' access to nutritious food, healthcare, education, and job opportunities."
The Community Development Grant program is part of Mayor Lightfoot's Chicago Recovery Plan, the City's $1.2B new investment strategy to enable Chicago's economic recovery post-Covid. The program has committed more than $150M toward more than 170 projects across the city since the beginning of 2022 and leverages additional funding sources to better support catalytic growth. The grants are designed to support neighborhood vitality, economic development, community wealth building, public health, and local planning goals.
Funding sources include City of Chicago bond funds and proceeds from the Department of Planning and Development's (DPD) Tax Increment Financing program.
"These grants are being strategically allocated through a competitive application process that considered multiple criteria, including community needs, project viability, team diversity, and other factors," DPD Commissioner Maurice Cox said. "The selection process and the City's ongoing technical assistance will collectively ensure these investments have a maximum impact at the neighborhood level."
More on illi News
Recipients and grant amounts include the following:
Applications for City financial assistance are currently being accepted by the DPD. Opportunities for funding include projects focused on business expansion, community development, community wealth-building, equitable transit-oriented development, and climate infrastructure improvements. The next application due date is Friday, Feb. 24th, 2023.
More on illi News
To apply or for more information, see the Chicago Recovery Plan web site.
"I'm thrilled to announce this year's first round of community development grant awards that will ensure our city's economic recovery while revitalizing our neighborhoods," said Mayor Lightfoot. "The recipients of these awards will bring much-needed grocery stores, office and retail spaces, and community hubs to neighborhoods across Chicago, expanding our residents' access to nutritious food, healthcare, education, and job opportunities."
The Community Development Grant program is part of Mayor Lightfoot's Chicago Recovery Plan, the City's $1.2B new investment strategy to enable Chicago's economic recovery post-Covid. The program has committed more than $150M toward more than 170 projects across the city since the beginning of 2022 and leverages additional funding sources to better support catalytic growth. The grants are designed to support neighborhood vitality, economic development, community wealth building, public health, and local planning goals.
Funding sources include City of Chicago bond funds and proceeds from the Department of Planning and Development's (DPD) Tax Increment Financing program.
"These grants are being strategically allocated through a competitive application process that considered multiple criteria, including community needs, project viability, team diversity, and other factors," DPD Commissioner Maurice Cox said. "The selection process and the City's ongoing technical assistance will collectively ensure these investments have a maximum impact at the neighborhood level."
More on illi News
- Plan Signed to Purchase Kadima Neuropsychiatry Institute as Clinical Treatment Model and Leading Investigative Site Addressing Suicidal Depression
- Tribeca Film Festival Official Podcast Selection Lead Features Hollywood Stars, Focuses On Ending Childhood Lead Poisoning In New York!
- Industrial Parts Fittings Champions the Revival of American Manufacturing
- $34 Billion Market in 2025 Advancing to $45 Billion in 2026 for Phase III Development of New Blood Thinner, Less Problematic Than Warfrain: $CVKD
- Jeron Electronic Systems, Inc. Celebrates 60 Years in Business
Recipients and grant amounts include the following:
Project Name | Community Area (Ward) | Description | Funding Amount |
BandWith | East Garfield Park (27) | Adaptive reuse of an existing industrial building for a community performing arts center and youth music education non-profit organization. | $5.0M |
Demera Ethiopian Restaurant | Grand Boulevard (4) | Adaptive reuse of an existing building for a ground floor restaurant with rooftop dining space, second floor office space, and second- and third floor residential units. | $3.1M |
Revive 360 | Woodlawn (20) | Redevelopment of the Washington Park National Bank Building for Class A office and retail space, including co-working space and a food hall, and complete renovation of the historic façade. | $5.0M |
Yellow Banana - Altgeld | Riverdale (9) | New construction of 10,000 SF grocery store. | $4.87M |
Sunshine's Place | North Lawndale (28) | Build out of a new restaurant in a currently vacant building in an INVEST South/West and Community Safety focus neighborhood. | $54,375 |
Circle Foundation | Bridgeport (11) | Build-out of a new student-run café in an existing community center. | $154,875 |
Southside Market | Chatham (6) | Buildout of a micro-grocery co-operative. | $239,826 |
Kilwins | Hyde Park (4) | Expansion of an existing chocolate and ice cream shop to include private outdoor patio space. | $250,000 |
88 Plates LLC | Uptown (48) | Buildout of new Asian restaurant/café in recently vacated restaurant space. | $156,750 |
La Catrina LLC | East Side (10) | Renovation of vacant property to create a new small banquet hall and event space. | $250,000 |
Tapestry 360 Health | Uptown (46) | A new community health center to replace the current location, which will provide primary care, behavioral health, and dental services with expanded healthcare offerings and increased patient capacity. | $3.8M |
IMAN Health Center | Chicago Lawn (16) | 20,053 sf expansion to provide critical holistic healthcare services and further stabilize the 63rd/California intersection. | $5M |
TOTAL | $27.9M |
Applications for City financial assistance are currently being accepted by the DPD. Opportunities for funding include projects focused on business expansion, community development, community wealth-building, equitable transit-oriented development, and climate infrastructure improvements. The next application due date is Friday, Feb. 24th, 2023.
More on illi News
- Pikmykid Launches $100,000 School Safety Grant Giveaway to Support K–12 Schools Across the U.S
- Smart Dental Introduces Cutting-Edge Cosmetic Dentistry Services in Northbrook, IL
- Good Trouble Kentucky Straight Bourbon Whiskey Wins Gold at 2025 San Francisco World Spirits Competition
- Slotozilla Data Report: Unveiling 2024's Gaming Statistics
- BK Flooring Releases Their Top Reasons to Upgrade Kitchen Tile Flooring in 2025
To apply or for more information, see the Chicago Recovery Plan web site.
0 Comments
Latest on illi News
- Lamar Odom Issues Public Challenge to X Platform Over Censorship of His Anti-Addiction Crypto Campaign
- PBK Miner completes $80 million Series B financing to support AI cloud mining and increase user investment return by 25%
- Asset-Backed Green Crypto: Fueling the Trillion-Dollar Revolution
- Isaiah Grass Celebrates the Premiere of "The Isaiah Grass Show" on CAN TV
- Gino's East of Chicago in LA announces the Pope-roni Pizza
- Chicagoland Truck Shop Offers Truck Bed Covers
- Mid-West Moving & Storage 2025 Best Places to Work
- HABEMUS PAPAM - We Have a Pope!
- A.J. Rhem & Associates Launches AI Center of Excellence to Drive Ethical and Scalable AI Innovation
- Mad Farmer Tour Brings National Spotlight to Chicago Block Leaders Reclaiming Soil and Community
- Fairmint Introduces First Fully Onchain and Open Cap Table Infrastructure
- Vortex Brands Begins Gold Purchases Under New Joint Venture with Dubai-Based Partner
- Chicago: Mayor Brandon Johnson Statement on the Election of Pope Leo XIV
- City of Naperville Fleet Services Division Ranks No. 7 in the NAFA 100 Best Fleets Competition
- This Budget Didn't Break the System—It Exposed the Truth
- Statement From EWTN Chairman & CEO Michael P. Warsaw On The Election of Pope Leo XIV
- NBA Champion Lamar Odom Launches Anti-Addiction Meme Coin, Ushering in a Disruptive Innovation in Web3
- Mentor Agile Empowers Illinois Residents with Free Access To Product Management Training
- Midwest Pond Features & Landscapes Hits 100 Cleanouts This Spring, Expands Services Across Chicago
- Aureli Construction Sets the Standard for Seamless Home Additions in Greater Boston