CRA Grant Programs Overview

Contents Grant programs Matching Streetscape Program Matching Façade Program Development Assistance Program Nuisance Abatement Program Land Value Investment Program Commercial Revolving Loan Fund Contents

Streetscape Grant Program Provides matching 1:1 funding to business/property owners to install streetscape improvements between the street and front of their building. Eligible Property Types: Multi-family residential Commercial Light Industrial/Manufacturing/Technology Eligible Costs include: Landscape materials Brick pavers Street lighting Street furniture Decorative fencing Streetscape Grant Program

Provides matching 1:1 funding to business/property owners to install façade improvements to all sides of their building visible from a right-of-way. Eligible Property Types: Multi-family residential Commercial Mixed Use Eligible Costs include: Brick or stucco installation Painting New doors, windows, awnings Decorative lighting Façade signage Façade Grant Program

Development Assistance Program Provides funding to cover costs of permitting & impact fees for building improvements for new and expanding businesses. Eligible Property Types: Multi-family residential Commercial Light Manufacturing/Industrial/Technology Eligible Costs include: Building Permit & Inspection Fees Water & Sewer Impact and Connection Fees Development Assistance Program

Nuisance Abatement Program Provides funding for necessary repairs to blighted and unsafe properties. Eligible Property Types: All residential and commercial property Eligible Costs include: Exterior painting Window glass and screens Stairs and railings Rafter, soffit and fascia repair Porches Yard maintenance and debris removal Demolition Nuisance Abatement Program

Land Value Investment Program Identifies abandoned or foreclosed properties and determines whether or not acquisition and rehabilitation will encourage private investment. Priorities for Use of Property: Neighborhood Revitalization Return of property to productive tax paying status Affordable housing Remediation of brownfield sites to encourage economic development Land Value Investment Program

Commercial Revolving Loan Fund Provides gap funding for businesses that need capital to open or expand. Eligible Property Types: Commercial Light Industrial/Manufacturing Technology Industries Eligible Costs include: Varies- depends on business plan Process: Will be a partnership between the CRA and local financial institution Business Plan required; approval subject to financial institution approval Commercial Revolving Loan Fund

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