Chicago Community Development Grant - Large
City of Chicago
About the Grant
The City of Chicago helps support business and neighborhood vitality through Community Development Grant (CDG) awards. CDGs use proceeds from the 2024 Housing and Development Bond and other funding sources to support a variety of eligible, business-related investments in construction and real estate development.
Large grants exceeding $5 million are intended to support eligible commercial, cultural, industrial, institutional, social service and mixed-use projects. Grants are intended to support approximately 25% of total project costs involving new construction, rehabilitation or both.
Private and non-profit developers, tenants and property owners are eligible to apply individually or jointly during competitive, semi-annual funding rounds.
Notes
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