Fast-Track Public Infrastructure (FTPI): The State has allocated approximately $25,000,000 in Rebuild Illinois funds through the Fast-Track Public Infrastructure (FTPI) program. A total of 17 projects across the state have received these capital grants, supporting hundreds of construction jobs for the summer season, and providing a boost for planned public works projects that may have otherwise been affected due to COVID-19 losses. Funded projects include a wide range of public infrastructure improvement projects, including projects that entail new construction and/or significant renovation or improvements. The objective of this program is to stimulate the economy in the wake of the COVID-19 health crisis by quickly getting Illinoisans back to work on public infrastructure projects that are valuable to their communities. See the full list of awardees.
Public Infrastructure: The State has allocated $25,000,000 in Rebuild Illinois funds to the competitive Public Infrastructure (RIPI) component. A grant ceiling of $5,000,000 per project has been established. Grants for less than $250,000 will not be awarded. The objective of the Rebuild Illinois Public Infrastructure (RIPI) component of the Rebuild Illinois plan is to provide grants funding public infrastructure improvements that can provide an improved foundation for economic growth in Illinois communities. The application deadline for this opportunity was June 30, 2020. Over 350 applications were received and will be competitively scored. The application period has ended. We anticipate awards announcements in the third quarter of 2021.
Regional Economic Development: The State has allocated $16,500,000 in Rebuild Illinois funds to the competitive Regional Economic Development (RIRED) component. A grant ceiling of $2,000,000 per project has been established. Grants for less than $250,000 will not be awarded. The objective of this program, in keeping with the Governor’s 5-year Economic Development plan, is to provide grants to strengthen local economies and encourage the development of regional industry clusters. Applications for this opportunity are now closed. We anticipate awards announcements in the second quarter of 2021.
Shovel Ready Sites: The State has allocated $13,000,000 in Rebuild Illinois funds to the competitive Shovel Ready Sites (RISRS) component. A total of 12 projects across the state have received notice of award for Shovel Ready capital grants, supported projects include: site acquisition, brownfield redevelopment, site preparation and rehabilitation of empty buildings and vacant spaces. Preference was given to projects in underserved communities. These projects will create hundreds of construction jobs and serve a variety of end-purposes, including after school programs, affordable housing, business incubators, job training, recreation, transportation, and urban farming. The program’s objective is to recognize there are sites across Illinois with great economic development potential that required additional investment to become “shovel-ready,” and unlock further community investment. The application period for this program has ended. See the full list of awardees.