RICHTON PARK – Thanks to support from State Senator Michael E. Hastings, the Village of Richton Park will receive $735,000 as an investment from the Rebuild Illinois Downtowns and Main Streets program.
“The businesses across the fighting 19th District are the heart of our communities,” Hastings (D-Frankfort) said. “The investments we make in our business community is an investment in our local economy. Not only will this help create jobs and grow our economy – this funding will help contribute to the betterment of our neighborhoods and quality of life.”
With new federal funding made available through the American Rescue Plan Act, the Illinois Department of Commerce and Economic Opportunity administered grants to 50 commercial corridors throughout the state.
The Village of Richton received this funding to make needed improvements at the Town Center properties.
The Rebuild Illinois program is a historic $45 billion investment in Illinois’ transportation infrastructure and state facilities, passed in 2019 with support from Hastings.
DCEO originally administered $50 million for the program in 2021. Due to federal funding, the state allocated an additional $56 million to support more projects. With matching funds from recipients, a total investment of $215 million was made in downtowns across Illinois.
For a full list of recipients, visit Illinois.gov.
