GNCDC is bringing you the latest community and business updates! |
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Strauss Realty is a full service real estate brokerage company that specializes in the sale of all types of commercial and investment properties, leasing development, financial consulting and tenant representation.
Their comprehensive marketing and state of the art technology together with extensive data base guarantee maximum exposure and maximum returns for clients throughout the marketplace. They will professionally handle all aspects of the transaction, from the listing through the closing and all of the details and negotiations in between, in order to ensure our clients are treated fairly.
Strauss Realty prides itself on providing their clients with trusted advice on virtually all aspects of finance and development issues.
Learn more about Strauss Realty at https://straussrealty.com/
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GNCDC is looking for professionals to host upcoming webinars! We are open to topics as long as you are an expert.
Please reach out to our Executive Director for more information. Ccummings@gncdc.org
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SBA Announces $28.6 Billion
Restaurant Revitalization Fund
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Registration is now open for the Restaurant Revitalization Fund on the SBA's award portal. Applicants are encouraged to familiarize themselves with the process in advance to ensure smoother processing. If already working with Square or Toast, you do not need to register beforehand. For the first 21 days of the program, the SBA will prioritize funding applications from businesses owned and controlled by women, veterans, and socially and economically disadvantaged individuals. After that, eligible applications will be funded on a first-come, first-served basis and the portal will remain open until all funds are exhausted.
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ChiStreetWork
Spring and summer entice us outdoors. It's also a peak time for road and construction projects that slow traffic unless you plan a workaround for affected streets and areas. A link provided by the Chicago Department of Transportation can smooth trip time and tempers. ChiStreetWork is the City's infrastructure map portal, created to facilitate coordination between City agencies and utilities, and provide travelers with valuable information about construction activities and street impacts from construction projects, special events, and roadway moratoriums.
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The Internal Revenue Service and the Treasury Department announced further details of tax credits available under the American Rescue Plan to help small businesses, including providing paid leave for employees receiving COVID-19 vaccinations. The additional details spell out some basic facts about the employers eligible for the tax credits. Self-employed individuals may claim comparable credits.
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Property for Sale
4435 W Rice Street
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-Industrial Property
-22,800 SF
-$1,618,800 ($71/PSF)
-Lot Size 0.25AC
-Zoning PM
-Qualified Opportunity Zone, Enterprise Zone 5, NW Industrial Corridor TIF
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Small Business Improvement Fund |
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Now in its 21st year, SBIF is one of the longest-running and most successful city of Chicago programs, helping to retain and expand small businesses in nearly every neighborhood. SBIF grants use local Tax Increment Financing (TIF) revenue to reimburse businesses for qualifying repairs and upgrades.
Please see below to find out which SBIF districts are open for new applications this month and which districts are opening next month. That information, the application form, and other details are available on the SBIF website
Informational Webinar
Quick Links
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Grant Money Available for Training! |
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TIFWorks stimulates business success by funding workforce-training costs for companies located in tax increment financing (TIF) districts. With TIFWorks support, businesses can become better equipped to improve performance and productivity, expand product lines and gain new customers.
Since 2008, TIFWorks has provided $21 million in TIF funds to 511 business for the training of 10,000 incumbent employees and the hiring of 1,100 new employees.
If your company is located in an eligible TIF district in Chicago, you can receive funding for workforce-training programs.
Your business benefits with training programs that can help you:
- Develop and expand product lines
- Adapt to new technologies and equipment
- Comply with occupational or industry regulations
- Expand into new markets
- Promote growth and increase profit
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Wednesday, 6/2 Webinar at 3:00 PM
City Inspections - Ask Questions, Get Answers
Presented by the City of Chicago
The Chicago Department of Business Affairs & Consumer Protection, Department of Public Health, and the Department of Buildings will provide insight on how operate a compliant business in the City of Chicago. Topics covered will include how to prepare for inspections, building permits and sign display requirements, food inspection overview and necessary certificates, and zoning review procedures. Learn how to operate safely and avoid common setbacks.
Friday, 6/4 Webinar at 9:30 AM
Contracting, Certification and Compliance with the City of Chicago
Presented by Department of Procurement Services (DPS)
This informational session will highlight the role and responsibility of DPS in the City of Chicago’s purchasing process and how businesses can learn about opportunities, as well as the certification process for minority, women-owned, veteran-owned and disadvantaged businesses.
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Click on the link to find out what ward your business is in.
What ward am I in??
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Your donations are tax deductible!
Without your support GNCDC would not have grown to be the great organization that it is today. It is through hard work and support from all the GNCDC members that we continue to make a difference and help grow our community. Membership dues help GNCDC provide the grants, events and programs that help members grow their businesses. Please pay your membership dues in a timely fashion. You can submit a payment online at your earliest convenience.
GNCDC would kindly like to remind all of our members - that without your support we would not exist. Renew, Join Sponsor, Donate today!
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GNCDC IS BRINGING INFORMATION TO YOU! |
Greater Northwest Chicago Development Corporation...is a delegate agency of the City of Chicago Department of Planning & Development serving the Galewood/Armitage, Pulaski and Northwest Industrial Corridors. A 501(c)(3) nonprofit, the agency provides assistance and information about incentives and programs for building improvement and development, business retention and sustainability and workforce resources and training.
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Newsletter May, 2021
Visit us at GNCDC.org
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4506 W. Fullerton Ave
Chicago, IL 60639
(773) 637-2416
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