Improvement Fund (SBIF) Informational Session – Little Village East TIF

Wintrust_SBIF_TIF_East_Letter
Calling All Business Owners

Little Village East TIF Small Business Improvement Fund (SBIF) Informational Session

November 5th 10:00 am – 11:30 am

The Little Village Chamber of Commerce is joining forces with Wintrust Bank to hold an informational session about the City of Chicago’s Small Business Improvement Fund (SBIF).It will be held on November 5, 2026. The SBIF application period is open November 1st to November 30th to businesses located in the Little Village East TIF district.

The SBIF program requires that businesses show they have the financing to complete their projects. This can be satisfied by sharing a bank statement or a letter from a bank with a loan commitment. Our friends at Wintrust will discuss financing options for businesses participating in the SBIF program. After the informational session, the Little Village Chamber and Wintrust Bank will be on hand to take questions and discuss how we can help you move through the SBIF process and complete your project.

The SBIF grant is funded by local Tax Increment Financing (TIF) revenue and is made available to business and property owners located in SBIF- eligible TIF districts citywide. Grant funds may be used to reimburse up to 90% of pre-approved construction costs, with a maximum reimbursement of $75,000 for multi-tenant properties, $150,000 for commercial properties, and $250,000 for industrial properties. These funds can be used for new windows, roofs, doors, HVAC systems, tuckpointing, bathroom remodeling, and more, and the grant does not have to be repaid.

La Cámara de Comercio de La Villita
3610 W. 26th Street, Chicago IL, 60623
RSVP by November 3rd to Paola Rodriguez at Info@littlevillagechamber.org

Ric Porrez
rporrez@wintrust.com
312-985-5156

Steve Jang
sjang@wintrust.com
773-883-4179

 

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