The Community Development Medium Grant is dedicated to support eligible commercial, cultural, industrial, institutional, social service and mixed-use projects.
Donor Name: City of Chicago
State: Illinois
City: Chicago
Type of Grant: Grant
Deadline: (mm/dd/yyyy) 08/14/2026
Size of the Grant: More than $1 million
Grant Duration: Grant Duration Not Mentioned
Details:
Medium grants are funded through proceeds from Tax Increment Financing (TIF), the Neighborhood Opportunity Fund (NOF), and the Housing and Economic Development (HED) bond. The source of funding for each Medium grant is determined at the discretion of DPD. Grants are intended to support up to 50% of total project costs involving new construction, rehabilitation or both.
Funding is provided on a reimbursement basis with payments made at either defined milestones during construction or upon project completion. At the discretion of DPD, funding may be offered as a loan rather than a grant.
Funding Information
Grants Up to $300,001 to $5 million.
Uses of Funds
Proposed projects must primarily comprise one of the following uses either independently or combined with another eligible use:
- Commercial (office, retail)
- Cultural (museums, theaters, performance venues)
- Industrial and manufacturing
- Institutional (health care)
- Mixed-use residential (10+ units with 100% ground floor commercial use)
- Social services (workforce development, unhoused interventions, etc.)
Eligibility Criteria
Tenants and lessees; property owners and lessors; business owners; and developers are eligible to apply for CDG-M. Eligible users can apply independently or in combination with another eligible user, such as an owner-occupied building. Non-profit, social service, and religious organizations are eligible to apply for CDG-M but the project must be an eligible use that is accessible to the public during normal hours of operation.
For more information, visit City of Chicago.
