CDBG Development Assistance and Job Creation
A portion of the City of Rockford Federal Community Development Block Grant (CDBG) funding can be used for grants and loans to facilitate blight elimination or the generation of new employment within the community. CDBG funds can be used to assist business owners and developers with building improvements. Although CDBG is a great program for many businesses, there are several important requirements of the CDBG program that should be considered before determining if CDBG is appropriate for your project. Use of these funds will be coordinated with the businesses private funds to cover a potential financing gap.
- All contractors employed on a CDBG funded project must be paid Federal Davis-Bacon Wages. These wages are often higher than what would normally be paid to contractors. Please contact the City of Rockford for a current list of Davis-Bacon wage rates.
- 51% of new employment positions created must be filled by or made available to Low-to-Moderate Individuals (LMI). An LMI individual is defined as a person with a household income that falls at or below a predetermined threshold by Housing and Urban Development (HUD).
A significant amount of reporting and paperwork is required for these programs. Please contact the City of Rockford Community Development Department – Economic Development Division for additional information on program review and eligibility at 779-348-7162. The programs currently offered are:
Facade Improvement Program
The purpose of the Facade (the face of a building, especially the principal front that looks onto a street or open space) Improvement Program is to encourage and assist property and business owners to restore and improve the facades of their buildings. We want your completed construction project to be appealing, efficient, and cost effective. There are a few easy steps outlined to assist you and reflect our commitment to quality customer service.
Rehabilitation & Development Assistance Program
The goal of this program is to assist in the renovation of deteriorated properties and eliminate conditions of blight in eligible areas, and also assist the low-income, micro-enterprise business owner.
*Some Federal grants require organizations to obtain a Certificate of Consistency. This Certificate ensure the organization’s grant application conforms with the City’s 5-year Consolidated Plan. After the applicant completes the form it should be returned to the Neighborhood Development Programs Manager for review. It will then be signed by the Mayor’s office and returned to the grant applicant to be submitted with the grant application.
Community & Economic Development Impact Fund
The Impact Fund was created to support collaborative and impactful projects/interventions that advance community and/or economic development efforts in the City of Rockford. Funds are available to incorporated not-for-profit organizations. Dollars from the Community & Economic Development Impact Fund are aimed at:
- Sustaining or increasing business activity
- Creating vibrant commercial corridors and
- Creating thriving neighborhoods