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 aspects of this opportunity include:
• The grant is for a non-profit organization headquartered in Chicago that provides coordinated programs and services to combat poverty and low educational attainment.
• 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 the Business Enterprise Program for Minorities, Females, and Persons with Disabilities Act.
• The grantee will be required to report on Prevailing Wage Act compliance on a monthly basis.
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