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Mount Prospect pilotEdition 2026-08

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Canonical program record

Mount Prospect Facade Improvement and Interior Build Out Grant

The Village currently advertises a matching grant for eligible retail and restaurant property improvements, but current funds and procedure have not been confirmed.

What this mechanism does

Mechanism type
Grant
Economic effect
Lower the project cost
Administrator
Village of Mount Prospect
Amount or value
Posted as a 50% match, normally up to $10,000; confirm the current amount and appropriation.
Cash-flow timing
Reimbursement timing is not established by a verified current application; confirm before relying on it.
Upfront cash
Required
Repayment
Not a repayable mechanism
Program lifecycle
Advertised / confirm
Visitor treatment
Confirm this condition first

Advertised availability must be confirmed before relying on this program.

Important dates and consequences

Village Board approval must occur before work begins

Date or rangeBefore signing work or beginning construction

Work begun before formal Village Board approval is ineligible under the posted form; confirm the current sequence with the Village.

Date last verified

Reconfirm Village funds and procedure by September 27, 2026

Date or range2026-09-27

Until the Village confirms a current appropriation, application, and sequence, keep this program in confirm-first treatment and do not show an Apply action.

Date last verified

Project fit and limits

Eligibility conditions to confirm

  • The premises must be an eligible sales-tax-generating retail or restaurant use in a Mount Prospect shopping district.
  • A tenant must obtain written property-owner consent for permanent improvements.
  • The posted 2018 form requires a $1,000 minimum project; confirm that the minimum remains current.
  • Village Board approval must occur before work begins.

Eligible costs described by the authority

  • Facade renovation, lighting, windows and doors, signs or awnings, parking, and eligible landscaping
  • Mechanical, life-safety, and permanent interior-reconfiguration work described in the posted 2018 form
  • Limited project-related architecture and engineering described in the posted 2018 form

Ineligible or excluded costs

  • Payroll, rent, utilities, taxes, refuse management, and other operating costs
  • Production equipment
  • Work completed before formal Village Board approval

Friction to plan for

  • Current promotion links to a January 2018 application and does not publish a current appropriation or application window.
  • The posted process includes a pre-application meeting, staff review, and Village Board action.
  • The posted 2018 form states one award per five years; confirm how the Village applies that rule now.
  • The posted form requires project, owner, tax, and sales information.

Stackability evidence

Unknown — ask

Scope: Electric-efficiency work included in a broader storefront or build-out project.

No authoritative source confirms outside utility incentives can be combined with the advertised Village grant.

  • Confirm current Village funding first.
  • Obtain written cost-allocation and preapproval guidance from both administrators.

May the same project use both programs if no cost is reimbursed twice, and which approval must occur first?

Rule last verified