Project Grant 067906325
- This $2 million Economic Development Administration Project Grant capitalizes a revolving loan fund to provide access to capital for small businesses and entrepreneurs recovering from the coronavirus pandemic in Boone, McHenry, and Winnebago Counties, Illinois. Administered by the Rockford Local Development Corporation, the revolving loan fund will promote job creation, retention, and economic resiliency in the region by attracting private investment through loans to borrowers. Awarded on...
- The City of Aurora, Illinois has been awarded a $1,000,000 Project Grant from the U.S. Department of Agriculture Forest Service under the Inflation Reduction Act Urban & Community Forestry Program (CFDA 10.727). The grant will fund a comprehensive urban forestry project focused on planning, establishing, managing, and protecting trees, forests, green spaces, and related natural resources within the city. The project aims to deliver ecosystem services, social benefits, and economic advantages...
- Federal Grant Award Summary The City of Aurora, Illinois received a $525,097.57 formula grant award on September 16, 2025, under the Home Investment Partnerships Program (CFDA 14.239), administered by the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development. This award funds affordable housing activities designed to expand the supply of decent housing for low- and very low-income households in Aurora through September 30, 2034. Under the...
- The Illinois Department of Commerce & Economic Opportunity (DCEO) was awarded a $1 million Project Grant from the Department of Commerce Economic Development Administration (EDA) under the Economic Adjustment Assistance (EAA) program. The EAA program supports regions experiencing adverse economic changes by providing technical assistance for planning and infrastructure projects. This particular award will allow DCEO to develop a comprehensive statewide plan to strengthen Illinois' economy...
- The Economic Development Administration of the Department of Commerce awarded $352,000 under the Economic Adjustment Assistance (CFDA 11.307) federal grant program to capitalize a $2,000,000 revolving loan fund (RLF) managed by the Rockford Area Convention & Visitors Bureau. The RLF will provide access to capital for small businesses and entrepreneurs in Boone, McHenry, and Winnebago Counties in Illinois to aid their recovery from the impacts of the COVID-19 pandemic. Loans from the RLF...
- This $2 million Economic Development Administration Project Grant capitalizes a revolving loan fund to provide access to capital for small businesses and entrepreneurs recovering from the COVID-19 pandemic in Coos, Curry, and Douglas Counties, Oregon. Awarded on March 31, 2022, the grant funds the CCD Business Development Corporation to administer the revolving loan fund under the Economic Adjustment Assistance program (CFDA 11.307). The revolving loan fund will lend to borrowers in the targeted...
- The Economic Development Administration (EDA) awarded a $2.679 million Project Grant to the Csra Resource Development Agency, Inc. under the Economic Adjustment Assistance (CFDA 11.307) program. The grant capitalizes a revolving loan fund to provide loans to borrowers in 13 counties in Georgia impacted by the COVID-19 pandemic. It will also cover administrative costs. The revolving loan fund will alleviate sudden economic dislocation and support long-term economic resiliency in the region...
- The U.S. Department of Commerce Economic Development Administration (EDA) awarded a $2.69 million Project Grant to Peoria Innovation Hub, NFP on November 10, 2021 under the Economic Adjustment Assistance (EAA) program. The funding will support converting a 67,000 square foot former Illinois Central College building in Peoria, Illinois into a business assistance and incubator space for Distillery Labs. The renovated facility will provide entrepreneurship programming and leasable/shared office...
- The Department of Commerce Economic Development Administration awarded a $309,410 Project Grant to Current Innovation NFP on March 18, 2021 under the Economic Adjustment Assistance (EAA) program. The EAA program provides technical, planning, public works and infrastructure assistance to regions experiencing adverse economic changes. Current Innovation NFP will use the grant funding to deliver services that support the local water systems and blue economy sectors in Chicago, Illinois as it works...
- The Economic Development Administration awarded a $250,000 Project Grant to the Blackhawk Hills Resource Conservation & Development Council on December 19, 2022 under the Economic Adjustment Assistance program (CFDA 11.307). The funding will support development of an industrial corridor strategic plan for the Steward and Caron Roads corridor linking Rochelle to Seward, Illinois. The plan will inventory existing conditions, conduct a market analysis, and develop future plans and site...
The Economic Development Administration awarded a $2.5 million Project Grant to Invest Aurora under the Economic Adjustment Assistance program (CFDA 11.307) on August 5, 2021. Invest Aurora, which operates as the economic development entity for the city of Aurora, Illinois, will use the funding to establish a new revolving loan fund. As a current revolving loan fund operator, Invest Aurora will administer the new fund to provide small businesses in Aurora with access to capital needed to recover from the impacts of the COVID-19 pandemic and become more resilient against future economic shocks. The revolving loan fund is expected to enhance the city's capacity to support small businesses, which are a critical driver of Aurora's economic dynamism, through loans aimed at expansion and job retention or creation.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $2.0m | 8/5/21 |