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$25 Million in Business Development Grants Announced by Mayor Brandon Johnson

Sankofa Village Wellness Center design

Sankofa Village Wellness Center design (Photo, bureaugemmell.com).

An Auburn Gresham florist, a Chatham wine bar and a South Shore jazz-themed pizzeria are among more than 30 small businesses and nonprofits selected as finalists for Community Development Grants that will help revitalize neighborhood retail corridors, Mayor Brandon Johnson announced today.

Ranging from approximately $37,900 to $5 million, the grants will help pay for eligible project costs and expenses that pose barriers to small business owners, especially emerging entrepreneurs and minority owners within underinvested South and West side neighborhoods. 

“These Community Development Grants reinforce our commitment to fostering vibrant, walkable neighborhoods by supporting the dreams and initiatives of passionate Chicagoans,” Mayor Brandon Johnson said. “From expanding local businesses like Essential Elements to innovative projects like The Fields Studios and Firebird Community Arts, these strategic investments will anchor additional growth, contributing to the vitality of our communities.” 

Finalists were selected from more than 260 proposals that were submitted during an open application period in 2023. Proposals were evaluated by an advisory committee for factors involving location, neighborhood equity, readiness, community benefits, and other criteria.

Total project costs are estimated at nearly $110 million. 

“In addition to having immediate impacts, all these projects will serve as anchors for additional long-term investments that contribute to vibrant, walkable and healthy neighborhoods,” Department of Planning and Development Commissioner Ciere Boatright said.

Grant awards exceeding $250,000 include:

The remaining 25 grants average $188,681. 

A full list of grant winners and award amounts is available on the Department of Planning and Development’s Chicago Recovery Plan website. 

CDG grants are funded by bond proceeds, Tax Increment Financing, and the Neighborhood Opportunity Fund. 

Eligible costs include new construction and rehabilitation, site acquisition and preparation, mechanical systems, architecture and engineering, technical assistance, and other expenses. 

CDG awards are distributed incrementally as individual project phases are completed. 

In addition to the CDG awards, Mayor Johnson today announced more than 40 additional awardees for grants involving climate infrastructure improvements, equitable transit-oriented development and historic preservation. 

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