Land & Building Acquisition NOFO - OGM-25-BC-24 (IL) Grant

Land & Building Acquisition NOFO - OGM-25-BC-24 (IL) Grant

Status: ACTIVE
Funder: Illinois Department of Commerce and Economic Opportunity (DCEO)
Amount: More than US $250,000
Last Updated: April 27, 2025

Summary

The Land & Building Acquisition NOFO - OGM-25-BC-24 (IL) is a funding opportunity aimed at enhancing the quality of life in Illinois through land acquisition and infrastructure improvements. Administered by the Illinois Department of Commerce and Economic Opportunity, this initiative requires grantees to report on fund expenditures and their impact on community development. Successful projects must comply with the Build Illinois Bond Act and support the state's economic goals.

Overview

NOTE: An entity may not apply for a grant until the entity has registered and pre-qualified through the Grant Accountability and Transparency Act (GATA) website / Grantee Portal. During pre-qualification, verifications are performed including a check of the federal Debarred and Suspended list and of the applicant’s status on the Illinois Stop Payment List. Land & Building Acquisition NOFO - OGM-25-BC-24 (IL) This Notice of Funding Opportunity (NoFO) sets forth the requirement of the State Fiscal Year 2025 (SFY25) Department of Commerce and Economic Opportunity (DCEO) Grants Management Initiative. DCEO administers grant programs designed for capital improvements as defined within the annual appropriation bill (Public Act 103-0589) set forth by the Illinois General Assembly. The goal of this program is to improve the quality of life of Illinoisans. The intent of this grant is to fund land acquisition, capital and infrastructure improvements, and/or construction, on new and/or existing property. The funded project must meet bondable requirements as set forth in 30 ILCS 425 The Build Illinois Bond Act. The successful grantee will be required to report on the expenditure of funds and the specific improvements rendered as a result of this funding. Using the Periodic Financial Report (PFR) and Periodic Performance Report (PPR) templates, and providing all required detailed supporting information including the expense tracking spreadsheet (ledger), grantees must be able to relate financial data to performance accomplishment that support DCEO’s mission to improve the quality of life for Illinoisans.

Eligibility

We've imported the main document for this grant to give you an overview. You can learn more about this opportunity by visiting the funder's website.