Megasites Development Program
CSFA Number: 420-35-3069
STATE AGENCY INFORMATION
Agency Name
Department Of Commerce And Economic Opportunity (420)
Agency Identification
91-4
Agency Contact
PROGRAM INFORMATION
Short Description
Gallatin County is home to important economic development port facilities. This opportunity will fund electrification of a dewatering pump system to make land more developable by ensuring minimal impacts from high water and rain events.
Federal Authorization
N/A
Illinois Statue Authorization
30 ILCS 425/4(b
Illinois Administrative Rules Authorization
N/A
Objective
The intent is to invest capital resources to enable more rapid and certain industrial development. Investments will shorten business development and attraction deal time frames by supporting infrastructure (electric, natural gas, water & sewer, etc) and other site preparation activities.
UGA Program Terms
Information about the Program Specific Terms and requirements can be found within the Notice of Funding Opportunity associated with this program.
Eligible Applicants
Government Organizations;
Applicant Eligibility
Please see NOFO for applicant and project site eligibility.
Beneficiary Eligibility
N/A
Types of Assistance
Project Grants
Subject / Service Area
Economic Development
Credentials / Documentation
Please see NOFO for required documents to be submitted
Preapplication Coordination
N/A
Application Procedures
Standard submission via Smartsheet link in NOFO
Criteria Selecting Proposals
Grant proposals will be reviewed and merit scored
Award Procedures
Merit-based review; reimbursement based on quarterly reporting
Range of Approval or Disapproval Time
45-60 days
Appeals
The Merit Based Review process is subject to appeal. However, competitive grant appeals are limited to the evaluation process. Evaluation scores may not be protested. Only the evaluation process is subject to appeal. The appeal must be submitted in writing to the Department within 14 calendar days after the date that the grant award notice has been published. The written appeal shall include the name and address of the appealing party, the identification of the grant and a statement of reasons for the appeal. To file an appeal, applicants must submit the appeal in writing and in accordance with the Merit-Based Application Review Appeals Process listed on the Grant Opportunities page of the DCEO website: https://www2.illinois.gov/dceo/AboutDCEO/GrantOpportunities/Pages/MeritAppReview.aspx.
Renewals
Negotiate extensions, as needed
Uses and Restrictions
See the two NOFOs as part of this program for uses and restrictions
Reports
Quarterly reporting using PPR and PFR
Account Identification
971-42045-4900-0500
Range and Average of Financial Assistance
$56,000.00
Program Accomplishments
Infrastructure added to support economic development at high-development potential sites in Gallatin County
Regulations, Guidelines, and Literature
N/A
Regional or Local Assistance Location
N/A
Headquarters Office
555 W Monroe St, 12th Floor Chicago, IL 60661, 1011 S 2nd St Springfield, IL 62704, 1020 S Spring St Springfield, IL 62704
Example Projects
See FY25 Capital Ready Round 1 Regional Site Readiness press release for project examples
FUNDING INFORMATION
Funding By Fiscal Year
FY 2022 : $1
FY 2023 : $40,000,000
FY 2024 : $3,000,000
FY 2025 : $3,000,000
FY 2026 : $56,000
Federal Funding
None
Notice of Funding Opportunities
| Agency ID | Award Range | Application Range |
TOP 5 ACTIVE AWARDS
| Agency ID | Grantee Name | Start Date | End Date | Amount |
| 24-914007 | Marquis Land Holdings LLC | 07/01/2023 | 06/30/2026 | 4,550,000 |
| 24-914004 | International Union of Operating Engineers Local 150 | 07/01/2023 | 06/30/2026 | 3,400,000 |
| 24-914010 | Jerseyville Economic Development Council | 05/01/2024 | 04/30/2026 | 3,000,000 |
| 24-914009 | Interchange City West, LLC | 07/01/2023 | 06/30/2026 | 1,395,000 |
| 24-914008 | Rock Creek LLC | 07/01/2023 | 06/30/2026 | 1,283,596 |