Illinois Regional Site Readiness Program
The Regional Site Readiness Program is a grant aimed at providing flexible funding for planning, due diligence activities, and infrastructure improvements to prepare various sites across 10 Economic Development Regions for future industrial development.
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, as well as construction and infrastructure improvements to prepare sites for future development.
Award Range
$250,000 - $3,000,000
Total Program Funding
$40,000,000
Number of Awards
24
Matching Requirement
Yes - 20-50% match required.
Eligible Applicants
Additional Requirements
Eligible Applicants include: • Local governments • Economic development organizations (see definition in Section H. Other Information) • Nonprofit organizations • For-profit organizations • Private landowner
Geographic Eligibility
All
Application Opens
July 23, 2024
Application Closes
October 21, 2024
Grantor
Illinois Department of Commerce and Economic Opportunity
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