Chicago Awards $33 Million in Development Grants to Diverse Group of Businesses and Organizations
The city of Chicago has announced that 58 businesses and community organizations will receive $33 million in development grants, part of the city's broader Neighborhood Opportunity Fund program. The grants were awarded after a competitive application process through the Department of Planning and Development.
Mayor Brandon Johnson praised the recipients, saying they are essential to fueling the local economy and creating opportunities for neighbors, young people, and artists. "Each of you bring the potential of building more affordable, safer, and thriving communities," he stated.
The Department of Planning and Development Commissioner Ciere Boatwright noted that nearly 400 applications were considered before selecting the final 58 winners, who collectively represent over $90 million in public-private investment across the city.
Some notable recipients include Funkytown Brewery, a Black-owned craft beer brewery on the Near West Side, which received $3.7 million to expand its operations. The Institute for Nonviolence, a nonprofit focused on gun violence prevention, was awarded $4.8 million to build a new headquarters in West Garfield Park.
Other notable winners include Los Candiles Restaurant in Little Village, which will receive nearly $96,000 to expand and hire new employees, and the West Garfield Park-based Institute for Nonviolence.
The grants will support various projects, including the construction of a content production studio in East Garfield Park, an intergenerational housing development, and the renovation of restaurants in West Pullman, Bridgeport, and Calumet Heights. The funds will also be used to establish a cultural and social resource center in McKinley Park.
The recipients expressed gratitude for the grants, with Institute for Nonviolence founder Teny Gross stating that the funding "will give us motivation" to continue their work. The owners of Los Candiles Restaurant similarly stated that the grant is a blessing, allowing them to expand and hire new employees after facing business challenges in recent years.
The awards bring the total investment through the Neighborhood Opportunity Fund program to $90 million, with approximately one-third of the funding going towards these 58 selected projects.
The city of Chicago has announced that 58 businesses and community organizations will receive $33 million in development grants, part of the city's broader Neighborhood Opportunity Fund program. The grants were awarded after a competitive application process through the Department of Planning and Development.
Mayor Brandon Johnson praised the recipients, saying they are essential to fueling the local economy and creating opportunities for neighbors, young people, and artists. "Each of you bring the potential of building more affordable, safer, and thriving communities," he stated.
The Department of Planning and Development Commissioner Ciere Boatwright noted that nearly 400 applications were considered before selecting the final 58 winners, who collectively represent over $90 million in public-private investment across the city.
Some notable recipients include Funkytown Brewery, a Black-owned craft beer brewery on the Near West Side, which received $3.7 million to expand its operations. The Institute for Nonviolence, a nonprofit focused on gun violence prevention, was awarded $4.8 million to build a new headquarters in West Garfield Park.
Other notable winners include Los Candiles Restaurant in Little Village, which will receive nearly $96,000 to expand and hire new employees, and the West Garfield Park-based Institute for Nonviolence.
The grants will support various projects, including the construction of a content production studio in East Garfield Park, an intergenerational housing development, and the renovation of restaurants in West Pullman, Bridgeport, and Calumet Heights. The funds will also be used to establish a cultural and social resource center in McKinley Park.
The recipients expressed gratitude for the grants, with Institute for Nonviolence founder Teny Gross stating that the funding "will give us motivation" to continue their work. The owners of Los Candiles Restaurant similarly stated that the grant is a blessing, allowing them to expand and hire new employees after facing business challenges in recent years.
The awards bring the total investment through the Neighborhood Opportunity Fund program to $90 million, with approximately one-third of the funding going towards these 58 selected projects.