The Department of Planning and Development (DPD) Medium Community Development Grant (CDG-M) program supports commercial, mixed-use and light manufacturing development citywide.
Donor Name: City of Chicago
State: Illinois
City: Chicago
Type of Grant: Grant | Reimbursement
Deadline: 02/14/2025
Size of the Grant: More than $1 million
Grant Duration: Grant Duration Not Mentioned
Details:
Medium grants is to support eligible commercial, cultural, industrial, institutional, social service and mixed-use projects. 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.
Funding is provided on a reimbursement basis with payments made at either defined milestones during construction or upon project completion.
Funding Information
- Medium grants from $300,001 to $5 million is available.
- Grants are intended to support up to 50% of total project costs involving new construction, rehabilitation or both.
Eligible Uses
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 (healthcare, education)
- Mixed-use residential (10+ units with 100% ground floor commercial use)
- Social services (workforce development, unhoused interventions, etc.)
Who can apply?
Private and non-profit developers, tenants and property owners are eligible to apply individually or jointly during competitive, semi-annual funding rounds.
For more information, visit City of Chicago.
