Healthcare Transformation Capital Investment Grant Program
Forecasted
The Healthcare Transformation Capital Investment Grant Program funds Illinois healthcare facility improvements to advance care quality, infrastructure, and innovation, led by the Illinois Department of Healthcare and Family Services.
Funder: Illinois Department of Healthcare and Family Services
Due Dates (Anticipated): May 2027 (application deadline, projected)
Funding Amounts: Up to $80 million per award; total program funding estimated at $200 million; no minimum award floor listed; project period up to 5 years.
Summary: Supports capital improvements for Illinois hospitals and healthcare providers to modernize infrastructure and enhance healthcare delivery statewide.
Key Information: Only projects for property owned by the applicant are eligible; only capital (not operating) costs are allowable.
Description
The Healthcare Transformation Capital Investment Grant Program is an Illinois state initiative designed to fund capital improvements for hospitals and healthcare providers across Illinois. Administered by the Illinois Department of Healthcare and Family Services (HFS) in partnership with the Illinois Capital Development Board, the program aims to modernize healthcare infrastructure, expand access, and improve the quality and efficiency of care for Illinois residents. Eligible projects include new construction, renovation, acquisition, and equipping of healthcare facilities, provided all improvements are for property owned by the applicant and have a substantial useful life.
