Illinois launches $25M grant program for local construction projects

The Illinois Department of Commerce and Economic Opportunity (DCEO) has launched a program May 12 to provide grant funding to local governments for capital projects, reports the Herald & Review.

Its aim, says Michael Negron, assistant director of the DCEO, is to return skilled laborers to work on road improvements, building upgrades and other ventures that can begin quickly at a time when communities are facing COVID-19-related economic struggles.

The Fast-Track Public Infrastructure Grants will allocate $25 million from the Rebuild Illinois capital plan to “shovel-ready projects,” he says, or those that can begin construction within 90 days of receiving funding. Officials will prioritize those improvements in underserved areas.

Each award is worth from $500,000 to $5 million and represents the priority that Gov. J.B. Pritzker’s administration is placing on Illinois’ infrastructure, Negron adds.

“The key here is we want to get shovel-ready projects off the ground in recognition that when you’re investing in infrastructure, you’re investing in people — the work creates jobs and improves the business climate,” he says. “The priority is adding some stimulus to the economy right now, taking advantage of the construction season and making improvements to infrastructure, which is in constant need of modernizing. That need doesn’t go away because of this pandemic.”

DCEO announced in March that it would accept applications for such projects until June 30 as part of a larger program worth $50 million. Officials are making half that pot of money more readily available for this new initiative.

“We knew that there were local governments with a wish list of projects in various stages of readiness,” Negron says. “Once the pandemic started to really have an impact on the economy and the governor issued a stay-at-home order to flatten the curve of infections, we took an urgent look at everything that we had and what creative ways we could use money to get it to people that really need it.”

Local governments that cannot have an application ready for this immediate program, for example, can still apply for the remaining $25 million through the end of June.

This initiative is one of several economic aid plans announced by the department to ease the financial effects of the novel coronavirus pandemic.