SPRINGFIELD – To promote economic development, Springfield will see $150,000 in grants thanks to the support of State Senator Doris Turner.
Through the Research in Illinois to Spur Economic Recovery (RISE) program, Springfield will see funding to help the city and economic development organizations develop and create plans to foster relationships with businesses.
“This funding will give the city additional support to maximize opportunities to invest in plans to develop Springfield downtown and the Medical District,” Turner (D-Springfield) said. “Our goal is to support Springfield and the local coalition of economic development organizations by investing in this collaboration that will generate economic growth and create new jobs.”
RISE empowers local governments to create meaningful plans with a focus on specific initiatives and investments that support recovery from the pandemic. The grants, funding through ARPA, will help improve quality of life for community members by taking a comprehensive approach to economic development through supporting the local workforce, improving affordable housing options and more.
“We must continue to look for ways to recruit and retain businesses,” Turner said. “This is a small way to support municipalities as they look for ways to foster economic growth.”
For updates on the program or other upcoming economic recovery grant opportunities, please check DCEO's website.
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