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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

Restart Act

By steve@sbacil.org | November 9, 2020

THE RESTART ACT The RESTART Act provides a new loan program to fund six (6) months of payroll and fixed operating expenses. Some, or the entirety of the loan, is eligible for forgiveness. The amount that is not forgiven is to be repaid over seven years with favorable interest rates. The loan is 100% guaranteed…

R.I.S.E. Act – A Word from RISE Fest Performers

By steve@sbacil.org | November 9, 2020

COVID19 has had a devastating impact on many gig workers and independent contractors. During our SBAC Rise Fest, we had a chance to speak candidly with our local performers on how they’ve been affected by the pandemic. They explain the loss in their community, in their work, and how their jobs have shifted. Their stories…

Recommendation for Legislation on Minority Contracting

By steve@sbacil.org | November 9, 2020

Illinois has failed to ensure that Black owned businesses procure their fair share of government contracts and revenue from government projects. Loopholes must be closed and reforms be made now! Read the SBAC’s recommendations for legislation to reform the process. Read the Recommendations here

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