The Neighborhood Opportunity Fund
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. NOF does not award grants for the construction or rehabilitation of residential uses, manufacturing uses, industrial uses, or places of worship that do not identify commercial as the primary use of a project. ​
The purpose of this report is to describe IHDA’s administration of the Illinois Rental Payment Program (ILRPP) utilizing funds provided by the federal Consolidated Appropriations Act of 2021 (P.L. 116-260) and American Rescue Act of 2021. Launched in May 2021, ILRPP provided a lifeline for renters and landlords who continued to experience financial hardships related to the COVID-19 Pandemic. Supported by more than $584 million in federal funding, ILRPP was one of the first statewide programs in the country to fully disburse 100 percent of available funds. This funding assisted 63,964 low-and extremely low-income Illinois renters to stay safe at home and avoid eviction during the pandemic
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Comcast RISE – Representation, Investment, Strength and Empowerment – was created to help  underrepresented small businesses thrive. Small businesses in Cook County owned by women and people of color can apply for $10,000 grants from the Comcast RISEInvestment Fund from October 3-16. To date, more than 9,500 Comcast RISE awardees have been announced and the program is on track to provide support to 13,000 small businesses by the end of 2022. Comcast RISE is part of Project UP, Comcast’s comprehensive 10-year, $1 billion initiative to advance digital equity and help build a future of unlimited possibilities.
Click below to learn more about the program and apply, and please share this information with anyone you know he may be interested.