35th/Halsted SBIF grant 
Opens 9 a.m. Sunday, Dec. 1 & Closes 5 p.m. Monday, Dec. 30 
Informational Webinar Wednesday Dec. 4 at 1p.m.  Register here
Is your location in a SBIF area? Check here
Who is eligible?
  • Business properties located in a TIF district where SBIF funds are available and the SBIF is open for applications
  • Commercial businesses with gross annual sales up to $9 million on average over the previous three years
  • Commercial property owners with net worth up to $ 9 million and liquid assets up to $500,000
  • Industrial businesses with up to 200 full-time employees
  • Residential projects are not eligible for SBIF grants
Eligible permanent building improvements with commercial and industrial properties, including, but not limited to:​
  • Mechanical/heating, ventilation, and air conditioning (“HVAC”), electrical, and plumbing.
  • Tuck pointing and masonry repairs; façade repair/improvement projects.
  • Storefront renovations (new storefront frames, windows, and doors; exterior accent lighting affixed to the building).
  • Roof repair and replacement.
  • Interior remodeling and renovation that is significant. (that is, it is done in connection with a larger project that involves HVAC, electrical, or plumbing improvements): framing, drywall, interior doors, restroom renovations, flooring, ceilings (expenses related to a standalone cosmetic upgrade project such as new painting and new flooring not done in connection with other significant work are not eligible; “high-end”/custom fixture and/or finish expenses are not eligible).
  • Improvements to accommodate disabled patrons or workers.
  • Rehabilitation of vacant buildings. Please note that SBIF grants will not be paid until the improved property is occupied by an eligible small business tenant or tenants.
  • Purchase of adjacent property for purposes of business expansion or parking. The applicant must operate an eligible small business and own the directly adjacent property on which the eligible business operates.
  • Structural components of new signage (business-specific parts of signage are not eligible); sign removal.
  • Certain landscaping improvements to the public way (exterior private property landscaping is not eligible).
 
If you need assistance with the application process reach out to ​[email protected]