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.

$3,000,000

Closed

Grant Description

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.

Funding Details

Award Range

$250,000 - $3,000,000

Total Program Funding

$40,000,000

Number of Awards

Matching Requirement

Yes - 20-50% match required.

Eligibility

Eligible Applicants

City or township governments

County governments

Nonprofits

For profit organizations other than small businesses

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

Key Dates

Application Opens

July 23, 2024

Application Closes

October 21, 2024

Contact Information

Grantor

Illinois Department of Commerce and Economic Opportunity

CEO.Sites@Illinois.gov

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