Community Development Grant Funding Round Opens Today

A new round of Community Development Grants (CDG) being made available through the Department of Planning and Development (DPD) can help pay up to 75% of eligible costs involving new construction, rehabilitation or both, Commissioner Ciere Boatright announced today.

• CDG-Small grants up to $250,000 are available for office, retail, light industrial and mixed-use projects. Deadline to apply is 11:59 a.m. Friday, Nov. 8, 2024.
• CDG-Medium grants from $300,001 to $5 million are available for office, retail, cultural, industrial and mixed-use projects. Deadline to apply is 11:59 p.m. Friday, Feb 14, 2025.
• CDG-Large grants above $5 million are available for office, retail, cultural, industrial and mixed-use projects. Deadline to apply is 11:59 p.m. Friday, Feb 14, 2025.

Grant uses may include hard costs, soft costs and acquisition costs. Private and non-profit developers, property owners and businesses are eligible to apply.

Funding is provided through proceeds from the Housing and Economic Development bond and other sources.

Applications are evaluated using criteria based on a project's anticipated impact, location, site characteristics, uses, documentation and financing. DPD also reviews applications for potential issues related to zoning, design and historic preservation.

Additional information, submission resources and program applications are available online at www.cityofchicago.org/CDG.

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