Incentives & Resources

There are several key incentives available for investors looking to rehabilitate one of downtown’s historic buildings:

Central Area Tax Increment Financing (CATIF) District (managed by City of Springfield’s Office of Planning and Economic Development)
CATIF Boundaries
Read DSI Position on CATIF Priorities

Federal Historic District (managed by Illinois Historic Preservation Agency)


Owner-Occupied Real Estate Project
The Lincoln Land Small Business Development Center can help walk you through these federal business programs if you are planning to work from your rehabbed building:
Small Business Administration 504 Loans
Small Business 7a Loan Program

City’s Microloan Program – Through Justine Petersen, the largest SBA micro lender in the U.S., provides comprehensive micro-enterprise lending and training to small and start-up businesses including one-on-one counseling and technical assistance; credit building strategies; FDIC Money Smart Curriculum; a business plan questionnaire to assist clients through the business planning process; micro-loan origination; and post-loan technical assistance for those that struggle to meet their business plan benchmarks and for those that are expanding their businesses. Contact the City’s Planning and Economic Development Office.

Start Up Handbook by University of Illinois & Innovate Illinois



Brian Wojcicki
Illinois Capitol Group

Vice President
Graham Prellwitz
Memorial Health System

Kendra Boesdorfer
Custom Cup Coffee

Melissa Hamilton
Your Corner Office

Past President
Kevin Kuhn
Kuhn & Trello Consulting Engineers


Andrew Denton
Floyd’s Thrist Parlor

Heather Wietzel
Horace Mann

Sheri Koch
Murphy’s Loft & Star Graphics

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Conn’s Hospitality Group, Inc.

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Bank of Springfield

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Security Bank

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Springfield Art Association

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Coldwell Banker Commercial Devonshire Realty

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US Bank

Peter Marshall
President Abraham Lincoln a Doubletree by Hilton


Lisa Clemmons Stott
Executive Director

Kayla Graven
Program & Events Manager

Mollie Ringer
Market Manager

Kailey Connour
Assistant Market Manager

Abbie Varble
Fall Events Intern

Main Street America


3 W Old State Capitol Plaza
Suite 15
Springfield, IL 62701
P: (217) 544-1723


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