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Applications Open Now For NOF Grants
Eligible projects can submit materials ahead of the next quarterly application deadline on Feb. 13, 2026
The Neighborhood Opportunity Fund (NOF) provides capital development grants up to $250,000 for small business and cultural projects located along West, Southwest, and South Side commercial corridors. NOF grants are provided as reimbursement for up to 75% of eligible project expenses with a maximum grant of $250,000. Applicants may qualify for additional funding for Technical Assistance.
Grants in excess of $300,000 are available through DPD's Community Development Grant (CDG) program. For information on grants between $300,001 and $5 million, . For information on grants exceeding $5 million, .
How to Apply
Applications are accepted on a rolling basis through and evaluated quarterly. Those interested in applying are encouraged to attend an NOF information session before submitting their materials.
Next application period
Q1 2026 application deadline: 11:59 p.m. Friday, Feb. 13, 2026
Eligibility
All NOF projects must be located on an eligible or priority corridor. To confirm your property is eligible, email [email protected] with the full address. NOF grants fund permanent capital improvements through reimbursement or an escrow agreement for eligible work.
Eligible Projects:
- Commercial (office, retail)
- Cultural (museums, theaters, performance venues)
- Non-profits with an on-site commercial component
- Commercial components of industrial uses
Eligible Expenses:
- New construction
- Storefront buildouts
- Facade repair, window, and door replacement
- Plumbing, electrical, and HVAC work
- Roof repairs
- Acquisition costs - as part of a larger construction or renovation project
- Soft costs (design, technical assistance)
For full project eligibility information, see the .
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