$150K
per applicant
Grant
Cash award, application-based
Rolling
No fixed cutoff
Rolling
Or check for open cycles
Moderate
Standard state application
Reimburses up to 90% of eligible costs for building improvements to commercial and industrial properties in Chicago Tax Increment Financing (TIF) districts. Covers façade, roof, HVAC, plumbing, and structural upgrades.
Do I qualify?
Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Property must be in a Chicago TIF district
2.Property must be used for commercial or industrial purposes
3.Reimbursement: up to 90% of eligible costs (smaller businesses) or 70% (larger)
4.Maximum grant: $150,000 for commercial properties
5.Improvements must be completed before reimbursement is paid
IRS · United States
Allows businesses to deduct up to $5.65/sq ft for commercial buildings achieving significant energy savings through improvements to HVAC, lighting, and building envelope systems. IRA expanded the deduction and allowed non-profits and government to allocate it.
NYSDEC · New York
Provides transferable tax credits for remediating contaminated brownfield sites and redeveloping them for residential, commercial, or industrial use, with enhanced credits for affordable housing and green buildings.
CDFI Fund · United States
Attracts private investment into low-income communities by allowing investors to receive a 39% federal tax credit over 7 years on investments made through certified Community Development Entities (CDEs).