apply for The City of Chicago’s small business improvement fund for the Addison south district

Written By Guest User

The City of Chicago’s Small Business Improvement Fund (SBIF) promotes economic development by providing small businesses with reimbursable grants for permanent building improvement costs. SBIF grants use local Tax Increment Financing (TIF) revenue to reimburse you for the pre-approved repair or rehab of your business facilities or adjacent land acquisition. SomerCor is the program administrator contracted by the Chicago Department of Planning and Development.

Get Started:

  1. Confirm your business is in an SBIF District

  2. Check which SBIF Districts are Open

  3. Review SBIF Eligibility Requirements

  4. Review SBIF Program Rules

Are you in an Open District and ready to apply for an SBIF Grant? Review the Program Guidelines below, fill out an SBIF Application, and email it to sbif@somercor.com.

Guest User
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