The Village of Lisle has adopted an economic incentive policy to provide guidance to the development community, and to develop an internal framework for the evaluation of economic incentive requests.
Business Development Grant Program
In an effort to promote quality economic development, the Village of Lisle has adopted a business development grants program that includes a Restaurant Grant Program, Retail Business Build-Out Grant Program, and a Shopping Center / Multi-Use Retail Grant Program. Grant program applications can be accessed here.
Allows businesses to be reimbursed for up to 50% of costs incurred to locate a new restaurant within the corporate limits of the Village of Lisle. The maximum program award amount is $50,000 per location. Restaurant Grant Program Application
Retail Business Build-Out Program Allows retail businesses to be reimbursed up to 50% of costs incurred to locate a retail/sales tax generating business within the corporate limits of the Village of Lisle. The maximum program award amount is $15,000 per business. Retail Business Build-Out Program Application
Shopping Center/Multi-Use Retail Program Allows property owners to be reimbursed for up to 50% of costs incurred for rehabilitation of commercial shopping centers within the corporate limits of the Village of Lisle. The maximum program award amount is $50,000 per site. Shopping Center/Multi-Use Retail Program Application
Economic Development Commission
The Economic Development Commission serves as an advisory commission to the Village Board, promoting the economic vitality of the Village of Lisle. The Economic Development Commission reviews economic development incentive requests and business development grant program applications.