OTTAWA – The Illinois Department of Commerce and Economic Opportunity announced that Ottawa will be a grant recipient, receiving a portion of the nearly $3.5 million statewide in funding to accelerate local economic recovery. Through the Research in Illinois to Spur Economic Recovery program, the State is providing $75,000 to the city for an economic plan focused on downtown residential development and short-term rentals. The grant will reimburse awardees for costs associated with developing or updating an economic recovery plan, including salaries or contractual costs, research, outreach, and public meetings as well as expenses associated with administering the grant, such as meeting space rentals and printing.
“Cities, regions, towns and villages across Illinois understand the opportunities and needs of their own communities and the RISE program empowers them to collaborate and plan for improvements,” said Governor JB Pritzker.
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