Rebuild Illinois Programs

Rebuild Illinois Programs

Public Infrastructure:  The State has allocated $50,000,000 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.
Notice of Funding Opportunity

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.
Notice of Funding Opportunity

Shovel Ready Sites:  The State has allocated $13,000,000 in Rebuild Illinois funds to the competitive Shovel Ready Sites (RISRS) component.  A grant ceiling of $2,000,000 per project has been established. Grants for less than $250,000 will not be awarded,  The Governor’s Five-Year Economic Development Plan recognizes there are sites across Illinois with great economic development potential that require additional investment in order to become “shovel-ready.” Redevelopment in infill locations can use vacant buildings, parking lots, empty schools, or other underused sites for new amenities and businesses near existing neighborhoods. The purpose is to provide funding for site preparation for underutilized properties that can transform into economic development opportunities across Illinois.
Notice of Funding Opportunity