Incentives

TIF Districts

Several municipalities in Livingston County have established TIF districts to encourage industrial and commercial development. Find a TIF map in your area below.
Chenoa
Dwight
Pontiac
Saunemin

State Incentives

Several programs are available through the State of Illinois’ Department of Commerce & Economic Opportunity. For an overview of state incentives click here.

State of Illinois Resources

Illinois Business Financing Matrix
The financing matrix gives information on all State of Illinois grant and loan opportunities in an easy to read format.
DCEO Loan Programs
DCEO Grants
DCEO Tax Assistance
IDOT Economic Development Transportation Program
Illinois State Treasurer’s Technology Development Account
Workforce Investment Act (WIA) Grant Opportunities

Local Incentives

Your municipality may offer funding in the form of rent subsidies and facade grants. Contact GLCEDC for more information.

Mid Central Community Action, Inc.
Mid Central Community Action is partaking in the Community Service Block Grant(CSBG) Loan to assist in financing small businesses for either start-up or expansion projects. The purpose of this loan program is to create and retain jobs for low-income persons and to promote economic growth in McLean and Livingston County. For more information click here.

Rent Subsidy Program, Dwight, IL
The Rent Subsidy Program will allow a tenant to receive a significant reduction in rent of a downtown business building for a year. The majority of the rent will be subsidized by the village and a portion subsidized by the landlord. The tenant will reimburse the village a portion of their gross receipts for the first year. Please contact the Village of Dwight for more information at 815.584.3077.

The Commercial Rehabilitation Loan Program, Dwight, IL
This loan program is open to commercial building owners in the Village of Dwight. The program is designed to provide low rate loans for the purpose of rehabilitating aging buildings. These lower interests loans come with a maximum term of 10 years and can only be used for capital projects. Please contact the Village of Dwight for more information at 815.584.3077.