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Ravenswood Businesses Awarded Community Development Grants

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The City of Chicago helps support business and neighborhood vitality through Small, Medium and Large Community Development Grant (CDG) awards. CDGs employ proceeds from a handful of funding sources, including the 2024 Housing and Development Bond, to support a variety of business-related investments that create and maintain jobs and quality-of-life improvements for community members.   

This month at the Chicago Cultural Center, Mayor Brandon Johnson and Chicago Department of Planning and Development (DPD) announced the 56 projects selected to receive a total of $42.5 million in CDG funds.

“I am proud to congratulate the entrepreneurs and projects receiving well-deserved grant funding today as we work to ensure all of our communities have the resources they need to thrive,” said Mayor Brandon Johnson. “Through these grants, we spur growth in our commercial corridors and neighborhoods, create jobs, and offer pathways to long-term economic stability for all our residents.”

Among a current of exciting projects were three Ravenswood-based winners: the Haitian American Museum of Chicago (HAMOC), Phoenix Bean, and Quantum LEEP Academy. Keep reading for details!

Haitian American Museum of Chicago (HAMOC)

HAMOC and GRCC pose for a photo together at the CDG awards.
L-R: Christina Pecce (GRCC), Carlos Bossard (HAMOC), Elsie Hernandez (HAMOC), Gene Wagendorf III (GRCC)

The Haitian American Museum of Chicago (4623 N Clark St) was awarded a Small Community Development Grant of $250,000 to fund critical work on the museum’s interior and basement space, driving forward their mission to build an expanded hub for arts and cultural engagement.

Founded in 2012, HAMOC is the realization of a dream by its Founder, Elsie Hernandez, to create an institution that would hold programs and exhibits that will contribute to the rich multicultural tapestry that is Chicago. More Info


Phoenix Bean

GRCC and Phoenix Bean pose together for a photo at the CDG awards
L-R: Jeffrey Cohen (DPD), Jenny Yang (Phoenix Bean), Christina Pecce and Gene Wagendorf III (GRCC)

Phoenix Bean (5438 N Broadway) was awarded a pre-development grant of $150,000 as a seed to get “shovel ready” for their relocation to a larger facility at 5535 N Wolcott Ave.

Phoenix Bean has been a premier supplier of tofu to the Chicagoland area for more than 30 years. Through working extensively with a local farmer on soybean selection, Phoenix Bean now exclusively uses non-GMO soybeans naturally farmed in Illinois without chemicals and pesticides. More Info


Quantum LEEP Academy

L-R: Christina Pecce (GRCC), Lorell Marin (Quantum LEEP Academy), Gene Wagendorf III (GRCC)

Quantum LEEP Academy (1447 W Montrose Ave) was awarded a Small Community Development Grant of $250,000 to support needed interior and exterior repairs for the therapeutic educational programming center.

Quantum LEEP Academy is a therapeutic clinic and pre-school program rooted in an individualized relationship based approach, instilling a sense of self confidence while preparing students for their future.  Programs are designed to support social emotional development in order to build the foundation for success. More Info



2026 Community Development Grant Award Ceremony at Chicago Cultural Center

Apply for a Community Development Grant!

Applications are open for the next round of Small, Medium, and Large Community Development Grants until 11:59pm on Friday, August 14th!

Interested in applying? We’re more than happy to assist you throughout the process! Email us at info@ravenswoodchicago.org or click the button below to get in touch with the GRCC team.


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