The Village of Homer Glen believes that businesses contribute to the vitality and strength of our community. The Village welcomes the opportunity to discuss business and development opportunities and consider incentives that enable desirable economic development when appropriate. Contact the Economic Development Department for guidance:
Economic Development Director
(708) 301-0632 mailto:email@example.com
Commercial Building Improvement Grant Program
The Commercial Building Improvement Grant Program is currently OPEN to new grant applications.
The program is open to commercial building owners, existing businesses and new businesses locating in Homer Glen. Projects eligible for assistance include improvements to commercial facades, signs, life-safety features, accessibility, utilities and more.
This is a reimbursement grant program of up to 50% of approved costs with a maximum grant award of $5,000. Assistance for this program is available on a first-come first-served basis, based on funds availability.
Download the Commercial Building Improvement Grant Program documents through the links below:
AWARD REQUEST PACKET
Sales Tax Economic Development Incentive
Eligible projects include business attraction, retention, expansion or modernization, limited to retailers generating a minimum of $10 million in annual taxable sales.
Sales tax rebates are an economic incentive tool that the Village of Homer Glen uses on a case-by-case basis. The primary goal is to realize quality projects which will generate substantial new sales tax revenues for the Village. Typically, said projects would not occur without the Village’s economic incentive. A sales tax rebate agreement has a capped rebate amount and time frame. The Village follows criteria and requirements to determine if financial assistance will be granted. The Village’s intention will be to provide a minimum amount of assistance needed to realize desirable economic growth in light of long-term value and community benefits.