City of Chicago Department of Planning and Development
Grants to Illinois businesses, nonprofit organizations, and property owners in eligible locations for community development activities. Funding is intended to benefit underserved neighborhoods. Grant funds may be used for the construction or rehabilitation of real estate, as well as projects that support new or expanding businesses or cultural assets. The Neighborhood Opportunity Fund finances projects in commercial corridors across Chicago's South, Southwest, and West Sides.
The Neighborhood Opportunity Fund (NOF) awards grants to projects that have a catalytic impact on the neighborhood and lead to the construction or rehabilitation of new and existing, publicly accessible, commercial spaces (e.g. grocery stores, retail establishments, or restaurants) or cultural establishments.
Grant funds can be used to reimburse the following costs associated with the construction or rehabilitation of buildings:
NOF offers two types of grants:
NOF aims to develop sustainable neighborhood growth by building community-based wealth. Supporting locally-based business and property owners will ensure that investments in the neighborhoods remain in those neighborhoods, helping to catalyze new businesses and new employment opportunities. The Build Community Wealth Bonuses provide eligible projects with additional funds, to advance this goal. If eligible, projects may receive either or both Build Community Wealth Bonuses.
In addition to grant funds, NOF also has technical assistance service providers to help grantees get their projects across the finish line:
Up to 95% of the cost of hiring these TAs can be included in the calculation of the grant award.
GrantWatch ID#: 185158
NOF offers two types of grants: Small Projects (assistance of $250,000 or less), and Large Projects (assistance of $250,001 - $2.5M). The NOF assistance available to your project depends on its location and the amount of financial assistance being requested.
Small Grants: Grantees are expected to complete their projects within 2 years
Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.
Please start your application for NOF Small Grants here.
- English: https://neighborhoodopportunityfund.com/eligibility/
- Español: https://neighborhoodopportunityfund.com/es/eligibility/
If you project is determined to be eligible, you will automatically be directed to complete the Project Readiness Quiz. Applicants who demonstrate readiness are provided with a unique application code which is needed to apply.
Applicants are encouraged to contact NOF with questions about Large Projects in advance of submitting an application.
Email completed Developer Input form to: FID_Intake@cityofchicago.org with the subject line: [Applicant Contact Name] Developer Input Form.
For questions about the NOF Large Grants program, please email the email address, above.
For questions about the NOF Small Grants program, please email email@example.com.
Department of Planning and Development
City of Chicago – City Hall
121 N. La Salle Street, 10th FL
Chicago, IL 60602
USA: Illinois: Chicago: South, Southwest, and West Sides
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