Rebuild Downtowns & Main Streets Capital Grant

$250,000 - $2,000,000
Applications Due: Closed
State
Illinois Commerce And Econ Opp

Description

The Illinois Department of Commerce and Economic Opportunity (DCEO) is offering the Rebuild Downtowns & Main Streets (RDMS) Capital Grant Program to support capital projects aimed at revitalizing commercial corridors and downtown areas in Illinois. This initiative is part of the effort to accelerate economic recovery following the pandemic, targeting areas that have experienced significant disinvestment. The program will fund projects such as the improvement and repair of infrastructure (roads, sidewalks, lighting), development of public spaces, and mixed-use developments. Grants range from $250,000 to $2,000,000, with an anticipated total funding of $20,000,000. Eligible applicants include economic development organizations, local units of government, and private businesses. The application period is from April 22, 2024, to July 22, 2024.

Eligibility

States
Illinois
Regions
All
Eligible Entities
Exclusive - see details, City or township governments
PDF Link

Funding

Program Funding
$20,000,000
Award Ceiling
$2,000,000
Award Floor
$250,000
Award Count
20

Timing

Posted Date
May 24, 2024
App Status
No Longer Accepting Applications
Pre-app Deadline
Application Deadline
July 22, 2024

Funder

Funding Source
Source Type
State
Contact Name
Contact Email
Contact Phone
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