CITY OF LINCOLN
Economic Development Grant Program
STRUCTURAL IMPROVEMENT GRANT GUIDELINES
I. INTRODUCTION
The City of Lincoln Economic Development Grant Program offers several forms of business assistance and incentives. This assistance allows property owners to make improvements to private infrastructures and economic quality of life issues for the City of Lincoln. A property must be zoned “Commercial” to be eligible for funding assistance. The expenditure of the Economic Development Grant fund revenues is limited each year.
Applications for this reimbursable grant must be reviewed by the Lincoln Economic Development Grant Commission and approved by the Lincoln City Council prior to beginning the project. Payment will be reimbursed upon completion of the project, the presentation of paid receipts, and City inspection approval per City, State, and International Code. Work completed prior to staff review is ineligible, unless specifically amended by the Lincoln City Council.
The applicant is requested to provide a brief description of public benefit to the City resulting from the development of the proposed project, including improvements to any public infrastructure and economic quality of life issues for the City of Lincoln. Discuss how the proposed project addresses the objectives and project activities set forth in the City of Lincoln, including an explanation as to how the project will eliminate or mitigate blighting conditions in the City of Lincoln. Also describe how the proposed project will stabilize the surrounding area and promote additional development in adjacent areas:
If there is a significant change in the scope of the project after the application has been approved, the Applicant must re-apply with the scope of the new project.
If Applicant is unable to complete the project within the allotted six (6) month time frame, the applicant may apply for one (1), 3-month extension. The Commission will then meet and vote to approve or deny the extension request.
NOTE:
A Minimum of eight (8) weeks will be required to process the application.
APPLICANT MAY BE DENIED:
II. ELIGIBLE PROJECTS
With the focus of this grant being structural in nature, items to be considered for cost reimbursement at pre-determined maximums per application will include but are not limited to:
Demolition and haul-off of dangerous/hazardous structural components, provided the removal and demolition of individual items does not create any additional exposed, Damaged, or dilapidated components.
III. ELIGIBLE IMPROVEMENTS
Other Eligible Expenses Include:
IV. INELIGIBLE PROJECTS
It is not the purpose of the program to finance ongoing improvements which could be considered part of a building’s routine maintenance. Building additions shall not be funded. Each eligible improvement shall be funded only once by the program. Ineligible improvements include improvements to the building interior (except code compliance) such as remodeling, floors, office, FFE or display spaces or exterior maintenance.
Other Ineligible Expenses Include:
V. ELIGIBLE APPLICANTS
Eligible applicants include the owner of a commercial building or the owner of a current or proposed commercial business. Business owners who are tenants of a building must provide written consent from the building owner for all proposed improvements.
CORONAVIRUS (COVID-19)
Information is available on the following sites:
Logan County Current Statistics
Memorial Health System - Includes daily statistics for MHS and a COVID-19 Risk Screening
Local Business Resources
Logan County Department of Public Health
Illinois Department of Public Health (IDPH)
Centers of Disease Control and Prevention (CDC)
City Hall
700 Broadway Street
Lincoln, Illinois 62656
(217)735-2815