The Neighborhood Opportunity Fund (NOF) provides capital development grants to support small business and cultural projects located along commercial corridors on the West, Southwest, and South Sides.
Donor Name: City of Chicago
State: Illinois
City: Chicago
Type of Grant: Grant | Reimbursement
Deadline:11/14/2025
Size of the Grant: $100,000 to $500,000
Grant Duration: Grant Duration Not Mentioned
Details:
Funding Information
NOF grants are provided as reimbursement for up to 75% of eligible project expenses with a maximum grant of $250,000.
Eligible Expenses
- New construction
- Storefront buildouts
- Facade repair, window, and door replacement
- Plumbing, electrical, and HVAC work
- Roof repairs
- Acquisition costs – as part of a larger construction or renovation project
- Soft costs (design, technical assistance).
Eligibility Criteria
- Eligible commercial and cultural examples:
- Restaurants
- Groceries
- Cafes
- Offices
- Stores
- Mixed-use exteriors
- Museums
- Theaters
- Performance venues
- Art galleries
- Non-profit organizations are eligible, provided the scope of the grant covers permanent capital improvements for a revenue generating project.
Ineligible Examples
- Homes/residences
- Factories/industrial uses
- Social services (including daycare/elder care)
- Places of worship that do not have commercial components.
For more information, visit City of Chicago.