SBIF Districts
Open Districts
None at this time. Please see below for upcoming application periods.
On Deck Districts
| District Name | Open Date | Close Date | District Map |
|---|---|---|---|
| 47th/Ashland | July 15, 2020 | August 14, 2020 | Map Link |
| 79th/Southwest Highway | July 15, 2020 | August 14, 2020 | Map Link |
| 79th Street Corridor | July 15, 2020 | August 14, 2020 | Map Link |
| 79th/Vincennes | July 15, 2020 | August 14, 2020 | Map Link |
| 87th/Cottage Grove | July 15, 2020 | August 14, 2020 | Map Link |
| Bryn Mawr/Broadway | July 15, 2020 | August 14, 2020 | Map Link |
| Commercial Avenue | July 15, 2020 | August 14, 2020 | Map Link |
| River West | July 15, 2020 | August 14, 2020 | Map Link |
| Washington Park | July 15, 2020 | August 14, 2020 | Map Link |
| District Name | Open Date | Close Date | District Map |
|---|---|---|---|
| 43rd/Cottage Grove | August 3, 2020 | September 4, 2020 | Map Link |
| 47th/King Drive | August 3, 2020 | September 4, 2020 | Map Link |
| 63rd/Ashland | August 3, 2020 | September 4, 2020 | Map Link |
| 119th/ I-57 | August 3, 2020 | September 4, 2020 | Map Link |
| Avalon/South Shore | August 3, 2020 | September 4, 2020 | Map Link |
| Madison/Austin | August 3, 2020 | September 4, 2020 | Map Link |
| Midwest | August 3, 2020 | September 4, 2020 | Map Link |
| Ogden/Pulaski | August 3, 2020 | September 4, 2020 | Map Link |
SBIF Application Acceptance Periods
To be accepted for possible funding, an application must be submitted within a designated open application acceptance period for the TIF district in which the project property is located. Application acceptance period deadlines occur thirty (30) days after a public “roll-out” meeting announcing the availability of new funds or after an announcement via the SBIFGram (the monthly e-mail newsletter for the SBIF program).
Applications can be submitted via e-mail to sbif@somercor.com, faxed to 312-757-4371, U.S. Mail or other courier service, or hand delivery at 601 S. LaSalle St. #510, Chicago, IL 60605. Applicants are encouraged to contact SomerCor to confirm receipt of their application after submission. All applications must be received by SomerCor by 5:00 p.m. Central Time on the application acceptance period “close” deadline date; any application that is postmarked before the application acceptance period “close” deadline date but not received by SomerCor 504, Inc. by 5:00 p.m. Central Time on the application acceptance period “close” deadline date will not be accepted for possible funding.
SomerCor cannot accept an application for a property that is not located in a Chicago TIF district. SomerCor cannot accept an application for a property that is located in a Chicago TIF district that does not have a currently open application acceptance period.
SBIF Lottery
If there are more applicants than available funds can initially accommodate after an application acceptance period closes, then the City of Chicago holds a lottery to determine the order in which applicants may become eligible for funds. Lottery announcements can be found here.
SBIF-Authorized TIF Districts
All currently open and “on-deck” (soon-to-be-open) application acceptance periods are listed above. If you do not know if your property is located within a SBIF district, please view the Am I In a SBIF District guide.
