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Revitalization in the News: Chicago Recovery Plan Funding Available!

There's still funding bids available through the City of Chicago and the Chicago Recovery Plan.

"The Chicago Recovery Plan invests over $1.2 billion in new and existing initiatives. Over the lifespan of the Chicago Recovery Plan, there will be frequent opportunities to partner with Chicago organizations and we look forward to these partnerships."

 

The City of Chicago has set up a funding portal for organizations to submit bids for various development programs funded by the Chicago Recovery Plan. If you are interested in applying for funding opportunities with the City of Chicago, we would highly encourage checking out the many bids that are still available. Past bids are also available to view.

 

Click here to view funding portal!

Insights Archive

Property Tax Reform

By patti@sbacil.org | December 1, 2020

Citizens Empowerment Act The state of Illinois has the second highest property taxes in the US. Property taxes are a huge burden on Illinois residents and small businesses, and often drive people out of the state. Illinois also has 6,918 local units of government, according to the latest Census Bureau data, which is more than…

Make Minority Contracting Reforms Now

By steve@sbacil.org | November 25, 2020

The COVID-19 pandemic has had a devastating impact on the small business community. With businesses struggling, government contracts are even more important to many small businesses, including minority owned businesses with limited cash reserves and access to capital. The failure of governmental entities at all levels to ensure that minority businesses receive a fair share…

Urge Politicians to Make PPP Loans Deductible

By steve@sbacil.org | November 24, 2020

ACTION CALL: Urge Politicians to Make PPP Loans Deductible to Support Small Businesses The Paycheck Protection Program Flexibility Act of 2020, or PPP, was passed in order to provide small businesses across the United States crucial relief during widespread government shutdowns due to the COVID-19 pandemic. These loans can be forgivable when proceeds are used…

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