Façade Grants and Loans
Façade grants and loans are used for building improvements and renovations that are intended to provide tax generation, infrastructure improvement, community beautification, historic preservation, job creation, and a sense of well being and vitality in the Agency’s commercial areas.
There have been 33 Façade Program grants awarded since the program began in 1990, 13 of these since 1997. The award amounts since 1997 have increased, with an average award of $21,998 and a range of $4,000 to $40,000. This program has been extremely successful in assisting business to revitalize the downtown.
All improvements must be physically attached to the property and permanent in nature. Applications must be in the name of the person(s) with vested title to the property. Projects will be reviewed based upon one or more of the following criteria:
- Net return to Agency over a 20-year period (Tax Increment)
- Creation or retention of at least 1 job per $35,000 of assistance
- Meeting overriding community need or provision of substantial public benefit
For more information about this program read the Façade Grant Program Handout.