Little Village Xquina Incubator Café Receives Opportunity Funding

Lawndale News Chicago's Bilingual Newspaper - Business

The Little Village Chamber of Commerce and Community Foundation announces that the City of Chicago City Council has approved a $1.5 million Neighborhood Opportunity Fund grant that will help create a cross-cultural business incubator in Little Village for start-up companies, artists, and multimedia professionals. The grant will be used by the Little Village Chamber of Commerce and Little Village Community Foundation to rehabilitate a vacant, three-story building at 3523-25 W. 26th St. as a co-working office space, a shared commercial kitchen and a café. The $3.5 million,12,000-square-foot project will create 15 permanent and 28 construction jobs and help existing and start-up professionals to amplify and improve their business skills. The Neighborhood Opportunity Fund allocates voluntary zoning fees from downtown construction projects to support neighborhood commercial corridors in low- to moderate-income communities on the South, Southwest, and West Sides. Neighborhood projects with grant amounts exceeding $250,000 require City Council approval. The Little Village Chamber of Commerce and Community Foundation’s Xquina Incubator Café will begin construction at 3525 W. 26th Street in Little Village this month with expected completion in 2021.

Lawndale News Chicago's Bilingual Newspaper - Business

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