CHICAGO — Mayor Brandon Johnson’s administration is investing $20 million in community development grants, allocating the funds across 28 projects citywide to strengthen local economies, support neighborhood revitalization, and uplift small businesses and institutions.
The announcement, made in late May, is part of a broader effort to expand infrastructure and opportunity in historically underserved areas, chosen from more than 250 applicants, according to the city’s Department of Planning and Development.
Neighborhood Revitalization Through Strategic Investment
The $20 million in funding stems from the Community Development Grant (CDG) and Neighborhood Opportunity Fund (NOF) programs — two city initiatives designed to stimulate economic and cultural progress in Chicago neighborhoods.
Together, the selected 28 proposals represent $58.5 million in total development value, meaning the city’s contribution will support initial buildout costs while additional funding will be leveraged from private and institutional sources.
Among the recipients:
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5050 Prairie — granted $4.3 million toward a $15.8 million mixed-use development including apartments and a restaurant
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Chicago Architectural Center — awarded $1.75 million to renovate space for expanded cultural programming
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Chicago South Side Birth Center — receiving $3.3 million to expand prenatal and maternal health services
Supporting Small Businesses, Arts, And Health Equity
The investment isn’t just about real estate. Through the Neighborhood Opportunity Fund, the city is also backing smaller local ventures — including:
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Retail café buildouts
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Mental health clinic expansions
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Art studios and galleries serving as community anchors
Each of these NOF finalists is eligible for up to $250,000, focused on helping local artisans, health providers, and entrepreneurs stabilize and grow in their own neighborhoods.
“Chicago’s small businesses and nonprofit organizations are the heart of our communities,” said a representative from the Mayor’s Office. “These grants are a tool to ensure our city grows in a way that is equitable, inclusive, and sustainable.”
Focus On Equity And Holistic Development
Projects selected for funding span diverse sectors, but all share a common thread: improving the quality of life and economic resilience of Chicago residents. That includes infrastructure updates, social services, cultural engagement, and opportunities for local ownership.
By focusing on community-led proposals, the city aims to ensure the funding reaches where it’s most needed, from West Side retail corridors to South Side health initiatives.
Do you live near one of the 28 funded projects? Let us know how these investments could impact your neighborhood in the comments on ChicagoSuburbanFamily.com.
