Chicago Community Development Grant - Small
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.
Small grants up to $250,000 are intended to support eligible commercial, mixed-use and light manufacturing projects. Grants provide funding for up to 75% of total eligible project costs involving new construction, rehabilitation or both.
Priority is given to projects with strong local impacts that leverage local talents, capacities and institutions and contribute to community vitality. Private and non-profit developers, property owners and businesses are eligible to apply.
Notes
Related Grants
MD Economic Development Opportunities Program Fund (Sunny Day)
Maryland Department of Commerce
The Sunny Day fund supports extraordinary economic development opportunities that create and retain employment as well as create significant capital investments. Projects must generate significant jobs in areas of high unemployment; they are evaluated on a competitive basis and must be consistent with the state's strategic economic development plan.
Coral Springs Economic Development Program
City of Coral Springs
The Incentive Program is designed to significantly improve the appearance of the exterior of commercial properties within the City of Coral Springs. Local businesses can receive up to $50,000 for physical improvements to their business, with specific restrictions varying based on the program selected.
Virginia Economic Development Incentive Grant
Virginia Economic Development Partnership
Virginia Economic Development Incentive Grants are designed to attract competitive projects to Virginia. Projects must be significant, creating hundreds of jobs in Virginia by relocating headquarters, administrative, or service sector operations to Virginia. Depending on location and wages offered, companies must create between 200 and 400 jobs, ranging from 150 to 200 percent of the local prevailing wage, and meet minimum capital or job investment requirements. Award amounts vary and are calculated based on a return-on-investment analysis, jobs and wages, capital investment, regional unemployment and poverty figures, and more.