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IRPT Member Spotlight: 5R Enterprises LLC

Funding Opportunity (Illinois)

Funding Opportunity (Illinois)

DCEO offers Rebuild Illinois programs listed below.

Public infrastructure: Units of local government are eligible to apply for public infrastructure grants of up to $5 million by June 30th. Funds can be used to support investment in publicly-owned infrastructure such as water and sewer main replacement, improvements to rail, air, or water ports; repair, or extension; gas and utility extensions; improving publicly owned industrial and commercial sites; upgrading water purification and waste disposal systems; water tower maintenance; and dredging waterways, among other public uses. Applicants will be required to identify the jobs and economic development impacts of their projects and how they align with the Governor’s Five-Year Economic Plan. As required under state law, local governments that commit funding as part of a match of requested state funds must conduct a public hearing prior to submitting an application. Applications for public infrastructure grants must be submitted by June 30th, 2020. For additional information on these funds, prospective applicants can visit DCEO’s website here. This link will take you to DCEO’s website where you will find the guidebook and Q&A documents this program. Interested parties can send questions to ceo.ocd@illinois.gov or call 217-785-6174.

Regional Economic Development: Local governments, economic development organizations, non-profit organizations, and private companies will be eligible to apply for grants of up to $2 million on a rolling basis. Funds can be used to support a range of activities including architectural planning and engineering design, land and building acquisition, demolition, costs related to site selection and preparation, utility work, and new construction, among other uses. Applicants will be asked to frame how their proposed projects align with any regional economic plans as well as the Governor’s Five-Year Economic Plan. Successful applicants will be able to demonstrate strong regional support for their projects and lay out a clear vision for job creation by the proposed investment. DCEO will accept applications for regional economic development on a rolling basis. For additional information on these funds, prospective applicants can visit DCEO’s website here. This link will take you to DCEO’s website where you will find the guidebook and Q&A documents for this program. Interested parties can send questions to ceo.ocd@illinois.gov or call 217-785-6174.

Shovel-Ready Sites: Local governments, economic development organizations, non-profit organizations, and private companies will be eligible to apply for grants of up to $2 million for most projects and $1 million for brownfield rehabilitation on a rolling basis. These funds will support investment in sites with great economic development potential that require additional investment in order to become shovel-ready, which includes costs such as site acquisition, environmental site assessment, architectural planning and engineering design, demolition, utility work, and other construction work related to site preparation and improvement. DCEO will seek strong grounding of proposed projects in the Governor’s Five-Year Economic Plan along with any regional economic plans or site-specific plans available. DCEO will accept applications for shovel ready sites on a rolling basis. For additional information on these funds, prospective applicants can visit DCEO’s website here. This link will take you to DCEO’s website where you will find the guidebook and Q&A documents for this program. Interested parties can send questions to ceo.ocd@illinois.gov or call 217-785-6174.