City of Chicago Community Development Grant
The City of Chicago Department of Planning & Development (DPD) offers grant funding to support local commercial, mixed-use, and light manufacturing projects. This initiative aligns with the city's broader mission to strengthen local business corridors and enhance neighborhood vitality, particularly through the Chicago Recovery Plan. The program aims to invest in catalytic developments that build upon DPD's existing investments, supporting a resilient and thriving urban environment. The target beneficiaries for this grant program include community developers, business owners, entrepreneurs, and property owners within Chicago. While applicants from all areas of Chicago are eligible, priority is given to projects located in historically disinvested areas or those with limited private investment. The impact goals are to foster economic growth, enhance community safety initiatives, and leverage local talents, capacities, and institutions to contribute to neighborhood strength. The program prioritizes capital improvement projects, including pre-development, construction, or renovation costs. Mixed-use projects are eligible, though residential-only developments are not. A key focus is on catalytic projects that demonstrate a strong local impact and have clear momentum, with an expectation to break ground within six months of grant acceptance. Site control is preferred but not strictly required. Expected outcomes include the successful completion of vital community projects, increased economic activity in targeted areas, and the creation of more vibrant and resilient neighborhoods. Measurable results would involve the number of projects funded, the scale of investment leveraged, and the tangible improvements in business corridors and community infrastructure. The city's strategic priority is to address historical disinvestment and ensure equitable development across Chicago, utilizing funding sources such as the Chicago Recovery Plan Community Development (Large Grants), Neighborhood Opportunity Fund (Large Grants), and Tax Increment Financing to achieve these goals.
Award Range
$250,000 - Not specified
Total Program Funding
Not specified
Number of Awards
Not specified
Matching Requirement
No
Eligible Applicants
Additional Requirements
The City of Chicago is committed to strengthening local business corridors and enhancing neighborhood vitality.
Geographic Eligibility
Chicago
Application Opens
June 3, 2024
Application Closes
August 9, 2024
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