Construction and/or Renovation to Buildings, Additions, or Structures

The State of Illinois is offering a grant opportunity for construction and/or renovation to buildings, additions, or structures. The goal of this program is to improve the quality of life of Illinoisans. The funded project must meet bondable requirements as set forth in 30 ILCS 425 The Build Illinois Bond Act. The successful grantee will be required to report on the expenditure of funds and the specific improvements rendered as a result of this funding. Key points to consider include: • The grant is for capital improvements at or near specific locations in Chicago. • The grantee must be a not-for-profit organization with ownership or control of property located at the specified locations. • The grantee must demonstrate capacity, economic impact, need, and quality in their application. • The grant is limited to $100,000. • Indirect costs, general operation overhead, and administrative expenses are not allowed for coverage by bond funds. • The grantee must comply with various regulations, including the Prevailing Wage Act and the Employment of Illinois Workers on Public Works Act. • The grantee must submit periodic performance and financial reports. • The grant is subject to fiscal and programmatic monitoring visits by the Department.