RISE Implementation Grant Program
RISE Implementation Grants
CSFA Number: 420-35-3304
STATE AGENCY INFORMATION
Agency Name
Department Of Commerce And Economic Opportunity (420)
Agency Contact
PROGRAM INFORMATION
Short Description
RISE Implementation Grants will be used to invest in capital, business attraction, and community amenities that require more investment for the purpose of boosting post-COVID-19 economic recovery. RISE implementation grants will fund activities such as establishing new initiatives, launching pilot projects or making capital investments intended to accelerate economic recovery in Illinois communities and regions.
Federal Authorization
N/A
Illinois Statue Authorization
20 ILCS 605/605-418
Illinois Administrative Rules Authorization
N/A
Objective
RISE Implementation grants are intended to support capital projects and non-capital initiatives to accelerate economic recovery in Illinois communities and regions. Grants will be tailored to the assets and needs of individual applicants.
Eligible Applicants
Government Organizations; Nonprofit Organizations;
Applicant Eligibility
Local units of government or Economic Development Organizations
Beneficiary Eligibility
N/A
Types of Assistance
Project Grants
Subject / Service Area
Economic Development
Credentials / Documentation
N/A
Preapplication Coordination
N/A
Application Procedures
submissions via the State Of Illinois Grant Management System
Criteria Selecting Proposals
Geographic balance across EDRs, rural vs urban communities, local vs regions scopes, adequate representation of underserved communities
Award Procedures
reimbursement based on quarterly reporting
Range of Approval or Disapproval Time
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
Extensions as needed
Uses and Restrictions
Projects must be consistent with initiatives identified by RISE Planning grants OR consistent with guidance provided on grant opportunity page reference in the NOFO
Reports
quarterly reporting using PPR and PFR
Account Identification
TBD
Obligations
TBD (estimated $20M-$45M as of 11/2023)
Range and Average of Financial Assistance
$45,000-$750,000
Program Accomplishments
TBD in consultation with grantee
Regulations, Guidelines, and Literature
N/A
Regional or Local Assistance Location
N/A
Headquarters Office
500 East Monroe Springfield, IL 62701 and 555 W Monroe St, 12th Floor Chicago, IL 60661
FUNDING INFORMATION
Funding By Fiscal Year
FY 2024 : $45,000,000
Federal Funding
Notice of Funding Opportunities
| Agency ID | Award Range | Application Range |
| Details | FY24-1 Rebuild Downtowns & Main Streets/RISE Implementation Grants | $250000 - $2000000 | 04/22/2024 - 07/22/2024 : 5:00PM |
ACTIVE AWARDS