The village of Mount Prospect’s Green Buildings grant program is open to qualifying businesses and commercial and industrial property owners.
Grants are available of up to 50% of the project cost, or $10,000, whichever is less, to qualifying businesses and commercial and industrial property owners to help cover a portion of the cost of the designated installation.
With the Green Buildings grant program, $100,000 has been allocated for 2022, and $50,000 for 2023. Proposals are required to demonstrate a net decrease in total energy consumption on the property or meet other sustainability benchmarks.
Examples include, but are not limited to, green roofs, rooftop solar PV panels, mycoform technology, rainwater harvesting, and micro wind turbines.
Village trustees previously approved a proposed budget to utilize over $7 million in American Rescue Plan funds allocated to the village. Of those funds, $425,000 was allocated to support economic development initiatives. Three grant programs were created to help local businesses and commercial and industrial property owners recover from the ongoing COVID-19 pandemic.
To be considered an eligible business to receive a grant, applicants must meet the following requirements:
- have and maintain a current and valid village business license;
- have no outstanding code enforcement violations or liens on the property;
- applicants shall not be a home occupation;
- applicants must show evidence that the designated installation will result in a net decrease of total energy consumption on the property or meet other sustainability benchmarks;
- applications must be intended for a specific renewable/green project. Priority may be given to projects that aren’t available for grants or rebates through Cook County or an associated utility;
- only one grant per calendar year per applicant may be funded;
- it is the responsibility of the grant recipient to complete any and all necessary permits or applications to the village;
- changes to a project once a grant has been awarded will necessitate a formal written request as well as a revised budget and energy assessment calculations or other sustainability benchmarks; and
- projects and subsequent applications cannot be retroactive prior to the start date of the grant program, which was July 25.
First review of the applications will occur on Oct. 1 and will subsequently be reviewed on a rolling basis. Grant reimbursement will be issued one month after installation to verify the energy/sustainability impact. Construction delays due to material supply or weather will be considered given the 2023 calendar year funding period end date. Applications will be considered up to the end of 2023, however the applicant must commit to completing the project to receive funding prior to project installation within the grant program period.
Completed applications should be sent to Bill Cooney, director of Community Development, at email@example.com. A federal tax form W-9 must also be submitted in accordance with federal and state law.
Grant checks will be issued once installation has been completed, and the permit closed out by the village’s building department.
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