- Published: Tuesday, September 20, 2022 11:41 AM
CHAMPAIGN – To promote economic development and ensure area residents are continuously able to bounce back from the pandemic, Champaign and Vermilion counties will see a combined $225,000 in relief grants thanks to the support of State Senator Scott Bennett.
Through the Research in Illinois to Spur Economic Recovery (RISE) program, the district Bennett represents will see grants to help local governments and economic development organizations develop and create plans to foster relationships with businesses.
“Many communities in the state have experienced setbacks following the pandemic,” said Bennett (D-Champaign). “These grants will help our communities get back on track and move forward.”
Funds distributed to the 52nd District include $150,000 awarded to the Greater Champaign-Urbana Economic Partnership to improve regional market analysis that focuses on office, retail and industrial spaces in the area. Danville will also receive $75,000 in funds that will be used for the economic recovery of the city, and connectivity planning projects in the downtown area.
RISE empowers local governments to create meaningful plans with a focus on specific initiatives and investments that support recovery from the pandemic. The grants, funding through ARPA, will help improve quality of life for community members by taking a comprehensive approach to economic development through supporting the local workforce, improving affordable housing options and more.
For updates on the program or other upcoming economic recovery grant opportunities, please check DCEO's website.