The Rebuild Downtowns & Main Streets Capital Grant Program (“Rebuild Downtowns & Main Streets”) will provide grants of up to $3 million to support improvements and encourage investment in commercial corridors and downtowns that have experienced disinvestment, particularly in communities hardest-hit by COVID-19.

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Fiscal Year 2020 appropriation bill (Public Act 101-0029) enacted by the Illinois General Assembly

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The intent of this program is to facilitate capital projects that make economically challenged downtown areas and commercial corridors more attractive for private investment, generate short-term and long-term employment opportunities, and improve quality of life in the community through high-quality infrastructure and amenities.

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Information about the Program Specific Terms and requirements can be found within the Notice of Funding Opportunity.

Government Organizations; Education Organizations; Public Housing Organizations; Nonprofit Organizations; For-Profit Organizations; Small Businesses;

Eligible applicants include units of local government, non-profit organizations, and private businesses. Projects must meet bondable requirements set forth in 30 ILCS 425 Build Illinois Bond Act, as summarized below. Allowable expenses include but are not limited to: - architectural planning and engineering design; - site selection; - land and building acquisition; - demolition (in preparation for additional work); - site preparation and improvement; - utility work; - new construction of buildings and structures; - reconstruction or improvement of existing buildings or structure; - original furnishings and durable equipment; - replacement of currently utilized assets by a better asset; - expansion of existing buildings or facilities. Unallowable expenses include but are not limited to: - Operational and administrative expenses; - Lease payments for rental of equipment or facilities; - Costs of staff or resident labor and material; - Expenditures to acquire or construct temporary facilities; - Purchase of automobiles, trucks, farm equipment, boats or rolling stock; - Livestock or laboratory animals; - Unpredictable or unusual legal expenses; - Costs for archaeological digs, research or exploration

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Project Grants

Economic Development

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A standard application package must be submitted and reviewed by the Department. Each package should contain the following items: 1. Uniform Grant Application 2. Uniform Capital Budget 3. Conflict of Interest Disclosure 4. Mandatory Disclosures 5. Project Narrative Grant proposals will be reviewed on a competitive basis. Each proposal will be scored on a 100- point scale. DCEO shall consider the following criteria when evaluating the application submittal: • Need: Up to 25 points will be awarded to the applicant that can demonstrate the need for capital investment in the project’s commercial corridor or downtown area. • Capacity: Up to 35 points will be awarded to the applicant which demonstrates the ability to successfully complete the proposed capital improvement project. • Quality: Up to 40 points will be awarded to the applicant that the demonstrates the value of the proposed project to businesses and residents in the community and clearly and appropriately addresses questions and considerations posed by this notice of funding opportunity.

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A standard application package must be submitted and reviewed by the Department. Each package should contain the following items: 1. Uniform Grant Application 2. Uniform Capital Budget 3. Conflict of Interest Disclosure 4. Mandatory Disclosures 5. Project Narrative Grant proposals will be reviewed on a competitive basis. Each proposal will be scored on a 100- point scale. DCEO shall consider the following criteria when evaluating the application submittal: • Need: Up to 25 points will be awarded to the applicant that can demonstrate the need for capital investment in the project’s commercial corridor or downtown area. • Capacity: Up to 35 points will be awarded to the applicant which demonstrates the ability to successfully complete the proposed capital improvement project. • Quality: Up to 40 points will be awarded to the applicant that the demonstrates the value of the proposed project to businesses and residents in the community and clearly and appropriately addresses questions and considerations posed by this notice of funding opportunity.

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Successful grantees will be required to submit Periodic Performance Reports (PPRs) and Periodic Financial Reports (PFRs) electronically to their assigned grant manager on at least a quarterly basis. Grantees will also be subject to monitoring and audit requirements. Grantees must comply with all applicable Illinois statutes and administrative requirements, including those related to COVID-19 mitigation efforts.

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Various

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500 East Monroe, Springfield IL 62701

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10/19/2021