The State of Illinois is offering a grant opportunity for capital improvements, specifically for the construction and/or renovation of buildings, additions, or structures. The goal of this program is to improve the quality of life of Illinoisans. The grant will fund costs associated with capital and/or infrastructure improvements to a facility located at or near 584951 West Chicago Avenue in Chicago. The successful grantee will be required to report on the expenditure of funds and the specific improvements rendered as a result of this funding.
• The grant is funded by state funds appropriated by the Illinois General Assembly.
• The total amount of grant funds for this award is $1,500,000.
• The grant is limited to capital improvement expenses and is funded via bond funds.
• Indirect costs, general operation overhead, and administrative expenses are not allowed for coverage by bond funds.
• The grantee will be required to comply with various laws and regulations, including the Prevailing Wage Act and the Illinois Works Jobs Program Act.
• The grantee will be required to submit periodic performance and financial reports.
• The grant agreement will specify the payment terms and schedule.
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