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Chicago
Grant
Rolling
Neighborhood Opportunity Fund (NOF)
City of Chicago Department of Planning and Development, administered by SomerCor
Funding Amount
Base grant: 75% of eligible project costs, up to $250,000. Additional Technical Assistance Fund: up to 20% of the base grant or $50,000, whichever is less, if partnered with an approved technical assistance provider.
Reimbursement grant, requires a Conditional Award Letter before construction begins
Eligibility
Commercial and cultural projects located along a NOF-eligible commercial corridor on Chicago's South, Southwest, or West Side (verify exact eligibility via the City's interactive map — this is narrower geography than citywide SBIF). Nonprofits and artisanal manufacturing with a commercial component may also qualify.
Source & Verification
Source 1: https://somercor.com/nof/ (accessed 2026-08-01) — chicago.gov blocked automated access; SomerCor is the official administrator named by Chicago DPD.
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