Economic development grants awarded to Geneva and Naperville, Villa announces

GENEVA – The City of Geneva and Naperville Heritage Society have been awarded more than $2 million in Rebuild Illinois capital grants as part of the Department of Commerce and Economic Opportunity’s latest $16.5 million investment, State Senator Karina Villa (D-West Chicago) announced Friday.

“Rebuild Illinois investments will fuel necessary economic development in Geneva and Naperville,” Villa said. “Hundreds of Illinois families will benefit from these new job opportunities at a critical time for our workforce.”

The City of Geneva received $1,270,017 for a new electrical substation to prepare for industrial development nearby. This funding to develop a 211-acre parcel of land will support essential utilities while attracting and creating hundreds of jobs.

Rebuild Illinois also invested $765,000 in a new visitor center and exhibit at the Naperville Heritage Society’s Naper Settlement Museum. The museum currently features 13 acres of interactive opportunities for visitors of all ages to learn about Naperville’s history, and the expansion is intended to boost tourism and economic activity throughout the region.

Through the Rebuild Illinois Regional Economic Development program, DCEO provided grants for 11 new projects that will unlock a total $75.5 million investment and create at least 1,465 jobs statewide.

“The City of Geneva’s new electrical substation will lead to increased industry expansion and economic growth,” Villa said. “These grants will also allow Naperville residents and visitors to connect with the city’s rich history through engaging experiences at the Naper Settlement Museum.”

More information on the Rebuild Illinois capital grants and a full list of projects selected for grants can be found on DCEO’s website.