Laserfiche WebLink
If the above conditions have been met, the applicant may proceed using his own funds or <br />interim financing from a financial institution. However, this is done at the applicant's and/or <br />financial institution's own risk until the total Scope of Work has been approved by the EDA <br />and the loan has been closed. <br />XVL BUILDING FACADE GRANTS <br />In order to encourage building facade improvements that are more aesthetic in nature, grants <br />between $2,000 and $5,000 are available provided there is a 3:1 match of private investment. <br />For example, to qualify for a grant of $2,000, a total of $8,000 must be spent. For a $20,000 <br />project, the maximum of $5,000 in grant money may be awarded. <br />Multiple grants are permitted consistent with the above outlined formula, but shall not exceed <br />$5,000 per project, or a total of $5,000 per property, in a 10-year period. <br />Eligible grant expenditures include repairing, replacing and installing of <br />• siding <br />• brickwork <br />• mansards <br />• cornices <br />• entrances <br />• exterior doors and windows <br />• decorative details <br />• awnings <br />• exterior lighting <br />• signage <br />• building identification <br />Prior to incurring expenses for which a grant is sought, applicants must have the proposed work <br />approved in writing by the City EDA staff. Grant monies are not available for "sweat equity". <br />Grants will be distributed upon final inspection by the City and submittal of a paid invoice. <br />7 <br />