The Ogden Avenue Site Improvement Strategy (OASIS) Initiative is an incentive program for site, property, landscaping, signage, and façade improvements along Ogden Avenue, within the boundaries of the Ogden Avenue Tax Increment Financing (TIF) District in Downers Grove, IL.
The Ogden Avenue Corridor Site Improvement Reimbursement Grant Program is designed to provide matching grants to commercial property owners or business tenants with property owner approval. These matching grants are intended to encourage:
- Site
- Property or building improvements generally including:
- building façades
- landscaping
- lighting
- consolidation of driveway access
- cross access between properties
- construction of public sidewalks
- improvements of public sidewalks
- signage improvements
 
Any projects recommended for approval should be in accordance with the recommendations contained within the 1999 Ogden Avenue Commercial Corridor Master Plan and current Village ordinances. General site, building and property maintenance will not be included in this program unless proposed maintenance is an essential part of a larger improvement project.
The program offers matching grants to serve as an incentive to stimulate private investment in improvement projects. The implementation of the Ogden Avenue Corridor Site Improvement Grant Reimbursement Program should result in a more attractive, functional, competitive and economically viable business district within Downers Grove.
Approved projects will entitle the property owner (or the business owner with property owner’s approval), to receive a post completion funding grant for 50% of the eligible project costs. Sign-only applications are subject to maximum grant amounts which may not equal 50% of the total project cost. Maximum award eligibility depends on the scope of the project. Additional information is provided in the full packet. This program is designed to work as a re-imbursement program. Details of re-imbursement criteria are available in the full packet. |