The Illinois Department of Commerce and Economic Opportunity offers grants to encourage infrastructure investments in the City of Rochelle and in Lee County in order to support large industrial economic development projects in the region.
Donor Name: Illinois Department of Commerce and Economic Opportunity
State: Illinois
County: Lee County (IL)
Type of Grant: Grant
Deadline: 03/10/2025
Size of the Grant: More than $1 million
Grant Duration: 2 Years
Details:
A grant provided through this opportunity will support site readiness infrastructure investments needed to prepare rail-served industrial property to support investment in the City of Rochelle and Lee County.
Funding Information
Total amount of funding expected to be awarded through this NOFO is $3,000,000.
Grant Period
The period of performance is expected to be May 1, 2025 through April 30, 2027.
Eligibility Criteria
- Must be a government entity located in the City of Rochelle
- Must have a documented agreement with a county Industrial Development Authority
- Must demonstrate ownership of municipal rail infrastructure.
For more information, visit DCEO.
