The purpose of the CRA Commercial Property Enhancement Grant is to encourage existing building owners or tenants of the community redevelopment area to improve the aesthetics of commercial buildings and to enhance safety in the rear of the buildings. For approved projects, the Program will pay for 50% of the documented hard costs for the improvements and the applicant is responsible for 50% of the hard costs, plus 100% of associated costs such as engineering and permits. Commercial buildings may receive up to $25,000.
To qualify for the Program, the structure must be located within the CRA area. The applicant must submit a complete application accompanied by three estimates from licensed contractors. Review and approval of the application may take up to four weeks to process.
Funding is available until September 30, 2020 or until the CRA’s program budget is depleted.