CHICAGO (WEHT) Governor JB Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) announced Fast-Track Public Infrastructure Grants, an initiative to accelerate work on planned public infrastructure projects around the state.
The state is expediting $25 million of existing Rebuild Illinois funding to local public infrastructure projects that are ready to begin work this summer, as many local governments face lost revenues, impacting their ability to finance these projects.
Funding will be awarded on a rolling basis, with projects submitted in underserved areas to be given priority.
The Fast-Track grants will help restore key public works projects that may have otherwise been cancelled and will help skilled labor return to the job in time for the construction season. Funds can be used to support projects such as expansions of water and sewer systems and reinvestment to modernize schools and other public buildings.
To apply for the grants, please visit https://bit.ly/2xqjOad.
Communities that need more time or that do not have projects that meet the shovel-ready criteria may submit an application to receive a grant for the remainder of the funds by June 30.
Source funding for the Fast Track grants is generated by Rebuild Illinois– a $45 billion plan passed by Governor Pritzker to provide the state’s first comprehensive capital plan in more than a decade.
DCEO will conduct a series of webinars and outreach to local governments to provide information on the new Fast Track grants. For a list of upcoming webinars as well as a list of resources available to small businesses please visit DCEO’s website.
(This story was originally published on May 12, 2020)
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