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.
Description
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.