ILLINOIS DEPARTMENT OF COMMERCE AND ECONOMIC OPPORTUNITY

Downstate Small Business Stabilization Program

To support small businesses in downstate and rural counties across Illinois, DCEO is repurposing $20 million in CDBG funds to stand up the Downstate Small Business Stabilization Program.  This Fund will offer small businesses of up to 50 employees the opportunity to partner with their local governments to obtain grants of up to $25,000 in working capital.  These grants will be offered on a rolling basis.

Who is eligible?
Local governments can apply on behalf of businesses with 50 employees or less. Only units of local government recognized by the Illinois Constitution and able to support economic development activities on a sufficient scale are eligible to apply for Economic Development grant funding.  This includes cities, villages, and counties.  Municipalities must not be a HUD direct Entitlement community or be located in an urban county that receives "entitlement" funds.  A map of eligible areas of the state can be accessed here, see “Staff Contact Information.”

INELIGIBLE COMMUNITIES          
Communities receiving an annual allocation directly from HUD on an entitlement (formula) basis are not eligible to apply for the State’s CDBG funding.  In 2019, Illinois had 33 metropolitan cities and eight urban counties named as Entitlements.  They are:

Urban Counties

Cook County         Madison County

DuPage County      McHenry County

Kane County           St. Clair County

Lake County                 Will County

 

Metropolitan Cities

Arlington Heights         DeKalb            Mount Prospect          Rantoul

Aurora                        Des Plaines      Naperville             Rockford

                  Berwyn                      Elgin                   Normal                Rock Island

                  Bloomington               Evanston             Oak Lawn             Schaumburg

                  Champaign               Hoffman Estates    Oak Park              Skokie

                  Chicago                   Joliet                     Palatine               Springfield

                  Cicero                     Kankakee               Pekin                   Urbana

                  Danville                   Moline                   Peoria                 Waukegan

​                  Decatur


What can grants be used for?

Grants can be used to support working capital.

How do businesses apply?

Businesses in the eligible areas should work with their local governments to submit applications.  Application materials will be posted to the DCEO website on Friday, March 27, 2020.

How much money is available?

Grants of up to $25,000 per business will be available.

How soon will businesses receive funds?

DCEO’s goal is to execute grants within 30 days of application receipt, after which funds will be accessible.

The Village of Neponset will be waiving the late fees or penalties for non-payment or late payment of Water/Sewer/Garbage bills for the April 2020 payment due 4/15/2020.

 

We understand that COVID-19 has impacted many of our customers financially, and we are doing our part to ease that burden. Those who are working and able to pay their utility fees are asked to please do in order to help the Village meet our obligations, which include managing operations, paying employees, paying bills and all of the other working parts that go into operating the utility systems we provide.

 

Since we have no way to know which households are impacted and which one aren’t, we are working on the honor system. If you can make your payment you may do so via the drop box at the Village office. If you are unable to make your payment, please contact the Village off 309-594-2201, Before 4/15/2020 to set up a payment schedule.

    309-594-2201

    201 N 2nd St
    PO Box 79
    Neponset, Illinois 61345
    USA

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