The Illinois Department of Commerce and Economic Opportunity 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 is limited to $450,000 and will be awarded to a non-profit organization that provides after-school programs for over 500 youth in Champaign and Urbana. The grantee will be required to report on the expenditure of funds and the specific improvements rendered as a result of this funding.
Some key points to consider:
• 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 comply with the Prevailing Wage Act and the Illinois Works Jobs Program Act.
• The grantee will be required to submit periodic performance and financial reports.
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