The Chicago Community Trust - Pre-Development Fund

The Pre-Development Fund was created primarily to support commercial real estate development projects, businesses with brick-and-mortar needs, and neighborhood scale land use projects that will stimulate economic activity in disinvested communities. Grant Amount: Up to $100,000 (average grant is $75,000) Project Scope: Submit at any time (link below) Full Application: Invite only, dependent on Project Scope review Award Announcement: Approximately eight weeks after Full Application review Award Disbursement: Full amount, in a single payment Grant Term: 12 months from time of approval; Pre-Development Fund grants must be spent within one year (grant extensions must be approved by Trust staff) Grant Type: Project Based Grant Geography: Cook County (priority to disinvested communities)