Description

Maximum
Amount

Deadline

Illinois Department of Commerce and Economic Opportunity (DCEO)
http://www.commerce.state.il.us
The grant to the community may be used by the community to finance public facilities and improvements in support of an economic development project or to loan to for-profit or not-for-profit firms to carry out economic activities. Recaptured loan payments can be retained by the community for an economic development revolving loan fund.

$750,000

Anytime

Description

Maximum
Amount

Deadline

Illinois Department of Commerce and Economic Opportunity (DCEO)
http://www.commerce.state.il.us/dceo/
May be used to finance rehabilitation of residential buildings, including improvements for energy efficiency. In conjunction with rehabilitation activities, CDAP funds may be used to finance acquisition, disposition, clearance and relocation to arrest decline of an area.

$350,000

November 14th, 2006

Description

Maximum
Amount

Deadline

Iowa Department of Economic Development (IDED)
http://www.iowalifechanging.com/community/cdbg/
The Community Facilities and Services Fund provides grants to communities for a variety of projects and activities primarily benefiting low- and moderate-income persons, including day care facilities, senior centers, vocational workshops and other community services. Approximately $5 million in federal CDBG funds is available through an annual competition. Preapplications are usually due in August, invited full applications are normally due in December and award decisions are normally announced in February.

Populations >1,000
$300,000

1,000-2,499
$500,000

2,500-14,999
$600,000

15,000-49,999
$800,000

November 15th, 2006

Description

Maximum
Amount

Deadline

Iowa Department of Economic Development (IDED)
http://www.iowalifechanging.com/community/cdbg/
The Community Development Fund (CDF) provides financial and technical assistance to Iowa communities developing creative and innovative projects that meet "deliverable" standards. Projects and activities which relate to the "Iowa 2010 Plan," completed by the Governor's Strategic Planning Council in 2000 (www.iowa2010.com), will be the best "fit" for CDF grants.

$50,000

N/A

Description

Maximum
Amount

Deadline

Iowa Department of Economic Development (IDED)
http://www.iowalifechanging.com/community/cdbg/
The CEBA program provides economic development investments to companies that will provide returns to the State in the form of quality jobs and general fund income tax revenue, as well as future revenues from loan and royalty repayments. This program supports large and small business ventures that demonstrate several qualities: additional funding sources, business plan strength, future growth, return on investment, local support, and a comprehensive economic plan.

N/A

N/A

Description

Maximum
Amount

Deadline

Iowa Department of Economic Development (IDED)
http://www.iowalifechanging.com/community/cdbg/
The IA DED will provide grant/loan funds for several housing projects through the Local Housing Assistance Program. This program should be utilized as supplementary funding rather than primary funding for projects.

$500,000

 November 29th, 2006

Description

Maximum
Amount

Deadline

Illinois Department of Commerce and Economic Opportunity (DCEO)
http://www.commerce.state.il.us
May be used to finance rehabilitation of residential buildings, including improvements for energy efficiency. In conjunction with rehabilitation activities, CDAP funds may be used to finance acquisition, disposition, clearance and relocation to arrest decline of an area.

$100,000

N/A

Description

Maximum
Amount

Deadline

Iowa Department of Transportation
http://www.dot.state.ia.us/fundguid.htm
To promote development in Iowa through maintaining or providing rail service to companies that create or retain jobs. Eligible: Iowa cities/counties. Grants or loans up to 80% of eligible costs. Eligible projects must represent an immediate need related to job creation or retention.

$100,000

Anytime

Description

Maximum
Amount

Deadline

Prairie Meadows Racetrack and Casino
http://www.state.ia.us/government/ided/crd/raci
Applications for the Revitalization Assistance for Community Improvement grant may be downloaded from the website. Communities with less than 30,000 residents are eligible to apply. For more information, contact Jean Carlson-Johnson at (515) 242-4791.

$250,000

Suspended for
2002
Check after
January, 2003

Description

Maximum
Amount

Deadline

Iowa Department of Transportation
http://www.dot.state.ia.us/fundguid.htm
To promote economic development in Iowa through construction or improvement of roads and streets. Eligible: Iowa cities/counties. Immediate Opportunity: projects related to an immediate, non-speculative opportunity for permanent job creation or retention. Jobs created are to be value-adding in nature (i.e. manufacturing, industrial, non-retail), and relocation of jobs within the state does not quality. Local match of at least 20%. Local Development: projects which support local development, but do not require an immediate commitment of funds or do not meet threshold set for Immediate Opportunity projects (i.e. industrial parks, tourist attractions); and evaluated on 5 factors of development potential, economic impact, local commitment and initiative, transportation need and area economic need.

$500,000

Immediate Opportunity: Anytime

Local Development: February 1 and September 1