Illinois Regional Site Readiness Program
Regional Site Readiness
CSFA Number: 420-35-3429
STATE AGENCY INFORMATION
Agency Name
Department Of Commerce And Economic Opportunity (420)
Agency Identification
91-4
Agency Contact
PROGRAM INFORMATION
Short Description
The Regional Site Readiness Program aims to better prepare sites for industrial development in all 10 Economic Development Regions in the state. Input from community leaders and economic development experts has raised the need for flexible funding to support planning and due diligence activities related to preparing sites for future development, as well as construction and infrastructure improvements to prepare sites for future development.
Federal Authorization
N/A
Illinois Statue Authorization
30 ILCS 425/4; 20 ILCS 605/605-420
Illinois Administrative Rules Authorization
N/A
Objective
Intent is to invest planning and capital resources to enable more rapid and certain industrial development. Investments to better understand needs to sites across the state including planning and due diligence (engineering, environmental, concept plans, etc) and investments to shorten development time frames include 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 two Notice of Funding Opportunities associated with this program.
Eligible Applicants
Government Organizations; Nonprofit Organizations; For-Profit Organizations; Small Businesses; Individuals;
Applicant Eligibility
Criteria an applicant must fulfill in order to be eligible to receive funding, and any restrictions on eligibility or specific criteria an applicant must fulfill (e.g. 'renewal applications only' or 'credit unions that meet the eligibility requirements defined in 12 C.F.R. Part 705' ). More in-depth information may be referenced (e.g. 'For a full list of criteria please see www.exampleagency.gov/exampleprogram').
Beneficiary Eligibility
Lists the beneficiaries of a program. These are NOT the subrecipients but rather the individuals receiving a benefit, where applicable.
Types of Assistance
Project Grants
Subject / Service Area
Economic Development
Credentials / Documentation
See NOFO
Preapplication Coordination
N/A
Application Procedures
See NOFO
Criteria Selecting Proposals
Grant proposals will be reviewed on a competitive basis. Geographical diversity; merit scores
Award Procedures
Merit-based review; reimbursement based on quarterly reporting
Range of Approval or Disapproval Time
30 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
See NOFO
Reports
quarterly reporting using PPR and PFR
Account Identification
$40M capital - 971-42045-4900-0500 $2M planning - 552-42045-4900-0323
Obligations
FY24-FY25 Expenditures of $3Mil
Range and Average of Financial Assistance
PY: $0; CY: $42M; BY: $0
Program Accomplishments
Planning and due diligence completed for future potential industrial development; infrastructure added to sites with high potential for future industrial development; investment leveraged
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 2025 : $42,000,000
Federal Funding
None
Notice of Funding Opportunities
| Agency ID | Award Range | Application Range |
| Details | FY25-1 Regional Site Readiness Program-Capital Ready | $250000 - $3000000 | 07/23/2024 - 10/21/2024 : 5:00PM |
| Details | FY25-2 Regional Site Readiness Program-Planning | $25000 - $150000 | 07/23/2024 - 10/21/2024 : 5:00PM |
ACTIVE AWARDS