UPDATE: Neighborhood Opportunity Fund is open! Apply by Friday, Sept. 24
Published: September 6, 2021
The Neighborhood Opportunity Fund is now open for grant applications, with more than $4 million in funding available for small businesses, non-profits and cultural institutions across Chicago’s West, Southwest and South sides. The deadline for applications is Friday, Sept. 24.
The Department of Planning and Development (DPD) program supports private rehabilitation and construction projects that add economic vitality to neighborhood commercial corridors and support local needs. Grants of up to $250,000 are available.
The Neighborhood Opportunity Fund represents a key funding tool for Mayor Lori E. Lightfoot’s INVEST South/West initiative, which is marshaling more than $750 million in public and private investment to revitalize 12 commercial corridors across 10 South and West side neighborhoods.
A map of eligible areas, application details, and recent grant winners can be found on the program’s website.
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Neighborhood Opportunity Fund staff will host two more virtual informational sessions this week to assist entrepreneurs in preparing their applications for the highly competitive program.
NOF Info Session: English
NOF Info Sessions: Spanish
10:30 a.m., Thursday, Aug. 19 | Register
Grants may be applied toward costs including building rehabilitation, new construction, design, site acquisition and preparation, technical services and other expenses.
Questions and comments will be accepted throughout the application process at nof@cityofchicago.org.
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Keywords:
Auburn Gresham, City of Chicago, department of planning, Invest SouthWest, NOF, South Side
Posted in The Vision, Local Businesses, Business, Housing, Economic Development, Community Highlights, Newsletter