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Chicago City Wire

Wednesday, May 8, 2024

ILLINOIS STATE SENATE DISTRICT 5: Van Pelt to Chicago businesses: Apply for BIG grants ASAP

Announcement

Illinois State Senate District 5 issued the following announcement on Sept. 17.

The second wave of Business Interruption Grants opened Thursday, and State Senator Patricia Van Pelt (D-Chicago) is urging eligible businesses to apply.

“As more types of businesses reopen, they, too, are in need of support,” Van Pelt said. “I know these grants won’t solve everything, but it will provide businesses with a chance to recuperate from all the loss they have suffered.”

This time around, a variety of businesses will receive anywhere from $5,000-$150,000 each, with $220 million in total allocated funds available for statewide distribution.

For heavily distressed industries, such as indoor recreation facilities and amusement parks, $60 million has been specifically allocated to ensure they are not overlooked. Additionally, $70 million has been set aside for businesses located in disproportionately impacted areas (DIA), or low-income areas that have experienced high rates of COVID-19. Businesses located in the 60612, 60624 and 60651 ZIP codes are included in the DIA list.

Original source can be found here.

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