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SBIF Funds Available for Companies in Division-Homan TIF

Attention companies in the Division-Homan TIF District:

Building Improvement Grants are Here!



For the first time, the Division-Homan TIF District has become eligible for Small Business Improvement Funds, a program that provides reimbursment grants of 25%, 50% or 75% of the cost of remodeling work with a maximum grant of $150,000.  The grant does not have to be repaid. 

How one grant program is helping old-line manufacturers stay in the city

Three years ago, Bob Laystrom was prepared to move his 50-year-old company out of its outdated facility in Logan Square for new, spacious digs in suburban Palatine.