AustinTalks (http://austintalks.org/tag/neighborhood-opportunity-fund/)
The three businesses – POTLUC, Soul City Chicago and Third City Cafe – are receiving about $3 million out of $14.4 million being funded through the Chicago Recovery Plan. More than 180 proposals were submitted during the latest round of funding. The next deadline to apply for a grant is Jan. 31.
The businesses – Avery and Pryor Construction, DLV Printing Service, L. May Creations and T&C Fitness Club – will receive a total of $717,320 from the city’s Neighborhood Opportunity Fund. It was started in 2016 to help support commercial corridors in Chicago’s underserved neighborhoods. In the latest round of funding, 32 businesses on the West, South and Southwest Sides will be getting a total of $5.4 million.
Fifteen Austin businesses have been awarded grant money by the Neighborhood Opportunity Fund since 2017.
The Chicago City Council recently approved a $1 million grant for Catalyst Circle Rock Elementary School, 5608 W. Washington Blvd., to turn a vacant auditorium into the Glen & Lonni Kehrein Center for the Arts.
Five businesses are receiving grants of up to $250,000. They are Ted’s Place at 5813 W. Madison St.; Sky-Light Carpentry Services at 5420 W. Division St..; Coleman’s Bar-B-Que #2 at 5754 W. Chicago Ave.; Chubby’s Char House at 5963 W. Madison St.; and Brown Sugar Bakery, at 4800 W. Chicago Ave.