Apply for the Fund
The Neighborhood Opportunity Fund finances projects in commercial corridors across Chicago's South, Southwest and West Sides.
Step 1: Determine Project Eligibility
NOF does not award grants for the construction or rehabilitation of residential uses, manufacturing uses, industrial uses, social services (including daycare and elder care), or places of worship that do not identify commercial as the primary use of a project. Non-profit organizations are eligible for the NOF grant, but they must be engaged in a retail or commercial activity or providing a cultural asset that is open to the public.
Search for your project address below to see if you are eligible to apply for a Neighborhood Opportunity Fund grant.
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The property at ADDRESS is:
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Located on an Eligible Commercial Corridor and eligible for Neighborhood Opportunity Fund assistance!
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Also located on a Priority Investment Corridor and will receive extra weight during the review process.
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Also located on an Invest South/West Corridor and will receive extra weight during the review process.
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Not located on an Eligible Commercial Corridor.
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Not located in an area that is eligible for Neighborhood Opportunity Fund assistance.
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Unfortunately, this location is ineligible for the Small Neighborhood Opportunity Fund (NOF) program at this time. We encourage you to consider other properties that are on an Eligible Commercial Corridor.
Your property is located in a Qualified Investment Area (QIA) so you could be eligible for the Large NOF Program (grants of over $250,000).
If you need additional information about the program, please visit the About page.
To apply, please continue to follow the steps on this page.
Unfortunately, this location is ineligible for the Neighborhood Opportunity Fund program. We encourage you to consider other properties that are on an Eligible Commercial Corridor.
For any questions about these results, visit our About page.
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Step 2: Review Program Guidelines
Review the the program guidelines to learn about the program rules and regulations, requirements for applicants, and the application review and project selection process.
Step 3: Get More Information
Please review applicant support resources, including previously recorded information sessions and upcoming events.
Step 4: Submit an Application
NOF Small Grants
Applications for NOF Small Grants are not being accepted at this time.
NOF Large Grants
Those interested in applying for a grant of more than $250,000 must complete and submit a Universal Financial Incentives Application. Large Grant requests will be considered for all eligible and available funding sources, including NOF, Chicago Recovery Plan (CRP) funds, and Tax Increment Financing (TIF). Large Grants do not exceed $5,000,000, and cover up to 75% of total project costs.
Applications are accepted year-round; however, the deadline for 2024 Round 1 funding is 11:59pm (CST), on Friday, February 16, 2024.
All projects that receive a Large Grant are subject to the
City of Chicago Construction Compliance Policies
.
Please email FID_Intake@cityofchicago.org with questions regarding the Universal Financial Incentives Application.
Questions?
Contact us for assistance with understanding the program guidelines and application process or with any questions about the program.