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SCAM ALERT: DCEO has been made aware of organizations receiving fraudulent “notice of award” letters claiming to be from the Illinois Department of Commerce and Economic Opportunity. These are not legitimate notices from DCEO. If your organization receives a notice, please report it to the Federal Trade Commission and/or the FBI’s Internet Crime Complaint Center.

Illinois New Markets Development Program

Current Program Participants

Each qualified community development entity shall submit an annual report to the Department within 45 days after the beginning of each calendar year during the compliance period.  If you have any questions, please reach out to ceo.newmarkets@illinois.gov

New Market Tax Credit

All rounds are currently closed. Please check back.

Program Documents and Additional Information