In a continued effort to support the business community during the COVID-19 pandemic, the Glen Ellyn Village Board voted to approve several business support initiatives at the Monday, September 18 Board meeting.
The Village Board voted to double the matching funds for both the Downtown Retail Interior Improvement Award and the Façade Improvement Award from $15,000 to $30,000. This initiative encourages businesses to take advantage of the increased funds to make structural improvements to their business that may help them in the long run. Applications can be found on the Village’s website at www.glenellyn.org/awards
Additionally, the Village Board also approved the creation of the Glen Ellyn COVID-19 Support Grant Program. This new program was established to assist businesses with costs associated with COVID-19 business expenses incurred between March 1, 2020 and December 1, 2020.
Approved expenses are eligible to receive COVID-19 Support Grant funds in an amount not to exceed $5,000, as determined by the Village Board. Grants will be formally issued after the purchases or improvements are completed and all requested documentation is received and reviewed by the Village to verify completion. All grants will be reviewed on a first come first served basis and the program will close on December 1, 2020 or when all funds for the program are dispersed, whichever comes first.
This program is being funded with the Village's allocation of CARES funding from DuPage County. Applications for this grant must be received by the Village by December 1, 2020. The application and additional information can be found on the Village's website, www.glenellyn.org/CovidSupport
Furthermore, businesses Village-wide will receive their annual Business Registration letter and sticker from the Village in the coming weeks. In recognition of the financial burdens facing all businesses due to the COVID-19 pandemic, the Village Board has waived the annual Business Registration Fee for 2021.
Lastly, downtown merchant parking passes and commuter passes will see a 25 percent reduction in their 2021 fees when they receive their annual renewal information. The fee reduction reflects the current change in commuter patterns due to the pandemic, all the while continuing to fund the parking fund in order to effectively maintain the Village owned parking lots. Parking fees were scheduled for a rate increase in 2021, which the Village Board deferred and will consider for 2022.
“These initiatives present an opportunity for the Village to provide financial support to our local small businesses, which are the heart of our community,” said Village President Diane McGinley. “The COVID-19 pandemic has had a profound impact on our local businesses, and we are committed to continuing our efforts in mapping out a recovery plan together.”