DCEO Grants Available to Local Governments
As revenues decline during the COVID-19 pandemic, we are reminding local governments that the Illinois Department of Commerce and Economic Opportunity (DCEO) regularly posts available grants on its website. The following DCEO funding opportunities are presently available to local governments. Applicants must pre-qualify through the GATA Grantee Portal.
Rebuild Illinois Competitive Public Infrastructure Grant Program
This program helps local governments complete vital public infrastructure projects that will increase economic development opportunities and improve the quality of life in the areas improved. Local governments may also submit “on behalf of” applications for local entities otherwise ineligible to apply (e.g., rural water system, sanitary district, or an unincorporated area). The estimated total funding is $50,000,000, with single awards ranging between $250,000 and $5,000,000. Applicants must apply by June 30, 2020 at 5:00 p.m. Applicants must submit all required documents to DCEO’s Springfield Office. Cost sharing or matching is not required for this program. Applicants can charge indirect costs to a grant only if the entity has an annually negotiated indirect cost rate agreement (NICRA). For more information on the program, click here.
Rebuild Illinois Regional Economic Development Grant Program
This program provides grants to strengthen local economies and encourage the development of industry clusters. The estimated total funding available for the program is $16,500,000, with single awards ranging between $250,000 and $2,000,000. Cost sharing or matching is not required for this program. Applicants can charge indirect costs to a grant only if the entity has an annual NICRA. Applications can be made at any time until all available funding is exhausted. Applicants must submit all required documents to DCEO’s Springfield Office. For more information on the program, click here.
Rebuild Illinois Shovel Ready Sites Grant Program
This program provides funding for projects that entail substantial improvements to underused sites to make them “shovel ready” for future development and investment. When the project is complete, the site must be confirmed as available for sale and/or development, has appropriate zoning, boundary survey, clear title, environmental conditions, soil conditions, and infrastructure in place or engineer-planned. The estimated total funding available for the program is $13,000,000, with single awards ranging between $250,000 and $2,000,000. The program does not have cost sharing or matching requirements. Applicants can charge indirect costs to a grant only if the entity has an annual NICRA. Grant applications may be made at any until all available funding is exhausted. Applicants must submit all required documents to DCEO’s Springfield Office. For more information on the program, click here.
Opportunity Zone Program
DCEO is interested in attracting investment to Opportunity Zones throughout the state to boost under-served and economically distressed communities. DCEO will award grants to qualified applicants best demonstrating a plan to leverage the grant award towards impacting metrics like increasing local employment numbers, growing community businesses, increasing property values and obtaining further Opportunity Zone investment dollars. The estimated total funding available for the program is $12,000,000. This grant opportunity requires at least 50% of total project costs to be matched by the grantee. These matching funds can come in the form of local municipal funds, federal funds, or private investment. This grant opportunity is limited to capital improvement expenses. The grant will not compensate for indirect costs, overhead or administrative expenses associated with the execution of the program. All required documentation must be submitted electronically here and must be received no later than 5:00 p.m. on May 7, 2020. For more information on the program, click here.
Post authored by Eugene Bolotnikov, Dan Bolin, and Chris Welch, Ancel Glink
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