The City Of Monmouth is proud to announce that it has been selected to receive a $3,000,000 grant for Downtown Revitalization. As part of the Rebuild Illinois (RBI) Downtowns and Main Streets Capital program, Governor JB Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) awarded $106 million in capital grants to 50 commercial corridors and main streets throughout Illinois, which represents the largest-ever RBI investment focused on community revitalization.
The RBI Downtowns and Main Streets Capital Program is designed to support local commercial corridors, with concentrations of businesses that experienced difficulties during the pandemic due to declining foot traffic, tourism, and business from downtown offices. The program is intended to drive investment in infrastructure and public amenities that continue to fuel economic activity as more Illinoisans visit their local town centers.
The grant will be used to redesign and reconstruct the traffic lanes, green spaces, and sidewalks around the City Square.
More information will be released in the future as timelines are established, and final planning is approved.
***Courtesy of the City of Monmouth***