Effingham, IL-(Effingham Radio)- Mayor Mike Schutzbach has announced that the City of Effingham is one of only nine communities in Illinois to receive a Research in Illinois to Spur Economic Recovery (RISE) grant award from the Illinois Department of Commerce and Economic Opportunity (DCEO).
Announced by Governor JB Pritzker on Tuesday, April 22nd, the City was awarded $373,500 in RISE funding. The funding will be utilized to purchase 2.6 acres of property on Heritage Avenue, with the goal of collaborating with investors to develop the property into workforce housing.
Mayor Schutzbach stated, “The result of this grant award will be another component in our overall strategy to stimulate the renovation of current housing stock and the building of new housing stock for the working families of Effingham and the surrounding area. Several City of Effingham staff members significantly contributed to this grant award from DCEO, and they continue to work with the community to identify more opportunities for housing development.”
The RISE grant development is one of a series of recent housing initiatives by the City. The City has also implemented a TIF Housing Redevelopment Program and a Housing Enterprise Zone Program.
For more information, contact City Administrator Steve Miller at 217-342-5300 ext. 5314 or smiller@effinghamil.com.
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