05/14/2026 | Press release | Distributed by Public on 05/14/2026 12:16
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Today, Mayor Brandon Johnson and the Department of Planning and Development (DPD) announced 11 awardees for Neighborhood Opportunity Fund (NOF) grants totaling more than $2.1 million, including a South Lawndale performance space, a Humboldt Park travel agency and an Austin karaoke venue.
"These investments are about supporting the Chicagoans who have long powered economic activity and community growth on the South, Southwest, and West Sides." Mayor Brandon Johnson said. "The NOF program helps transform vacant and underutilized spaces into jobs, cultural spaces and neighborhood anchors that reflect the unique strength and creativity of each community. I congratulate our awardees and thank them for their commitment to our communities and all of Chicago."
Ranging from $60,000 to $250,000, the grants are supporting a variety of South, Southwest and West Side improvement projects valued at $5.5 million, including eight renovations of existing business locations and three buildouts for new enterprises.
"These projects help fulfill multiple community needs from health services to entertainment that wouldn't be possible through traditional financing sources," said DPD Commissioner Ciere Boatright. "Several of them support a critical mass of nearby projects that collectively make neighborhoods more convenient, more walkable and more desirable."
The awardees, grant amounts and total project costs include:
Grantees were selected from 106 proposals submitted to DPD in late 2025 and early 2026. Applications were evaluated for project readiness, neighborhood needs and other criteria.
Grants reimburse up to 75% of eligible costs for new construction and rehabilitation, with additional funding available for soft costs involving design and technical assistance.
Since 2017, the NOF program has provided $17.6 million to 113 Chicago businesses. NOF grants are funded by density bonus fees paid by downtown construction projects. 80% of the proceeds are used as grants that support small business and cultural projects located within West, Southwest and South Side commercial corridors. The remainder is split between designated landmarks and downtown infrastructure.
Applications are accepted on a rolling basis, with the next evaluation deadlines occurring on May 15 and August 14. For more information, visit Chicago.gov/NOF.