Program Name: | Economic Development Program (EDP) | |
Organization: | Illinois Department of Transportation (IDOT) | |
Address: | David Williams Illinois Department of Transportation (IDOT)
Bureau of Statewide Program Planning IDOT, 2300 S. Dirksen Parkway, Rm. 307 Springfield, IL 62764 |
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Phone: | 217-785-8643 | |
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Website: | Economic Development Program (illinois.gov) | |
Briefly Describe the Purpose of the Program | ||
The purpose of the EDP grant is to provide state assistance for roadway improvements or new construction that are necessary for access to new or expanding industrial, manufacturing or distribution type companies. Funding will include preliminary engineering, construction, construction engineering and contingencies. The focus of the program is on the creation and retention of permanent full-time jobs. Projects that only improve opportunities for future development or are speculative in nature are not eligible. This is not a competitive program; however, the funding commitment is based on how many jobs will be created and/or retained. The company must commit to creating new employment and/or retaining employment in Illinois. Funding amounts for each project are determined by the number of NEW and RETAINED jobs. | ||
Year Program Established: 1991 |
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Eligibility Requirements or Restrictions | ||
Projects providing access to retail establishments, office parks, government facilities, or schools/universities are not eligible for funding. Examples of non-eligible items are land acquisition, building demolition, landscaping, sidewalks, street lighting, and utility adjustments. The EDP is designed to provide up to 50 percent state matching funds for eligible local agency roadway-related construction and engineering items. The remaining funding must be provided by local or private sources. Local matching funds cannot include grant funds from other state agencies. EDP is not a grant program but a reimbursement program. | ||
Application Deadline: | ||
Application Guidelines: | ||
Required information for an EDP application is listed on the EDP website. A notification form is available by clicking on Economic Development Application. | ||
Funding Cap Per Application or Fiscal Year Program Funding: Annual funding is typically $10 M with a funding cap of $2 M per project site. If a project is selected for funding, a joint local-state agreement must be executed between the governmental entities involved to serve as the basis of understanding for financial responsibilities. |
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How Must Funds Be Used: | ||
All candidate projects must be constructed to Motor Fuel Tax standards and, also must have a local government sponsor (a county, municipality, township, or other taxing body). Funding will be available to construct new or to improve existing public facilities that provide direct access to industrial, distribution, or major tourism developments, based on current needs and traffic warrants. The program is designed to assist in those situations where development of these types of facilities is imminent. A firm commitment from an EDP eligible company/business will be required and completion of the Employee Reporting Form must be submitted with the application. |
IDOT – Economic Development Program (EDP)admin_iira2023-09-06T18:03:35-05:00