2024 Santa Rosa Improvement Vitalization Enterprise Grant

The Santa Rosa Improvement Vitalization Enterprise (StRIVE) Grant, administered by the Santa Rosa County Economic Development Office, is designed to offer financial assistance to commercial property owners and business owners within Santa Rosa County, Florida. The program's core mission is to facilitate façade improvements and signage upgrades, aligning with a broader goal of enhancing property appearance, increasing property values, and stimulating local economic activity. This initiative directly supports community revitalization and sustainable economic growth within the county. The primary target beneficiaries of the StRIVE Grant are commercial property owners and business owners operating within Santa Rosa County. The program aims to positively impact the aesthetic and economic vitality of commercial areas. By providing grants ranging from $1,000 to $10,000, with a required 100% match, the program intends to encourage significant investment in commercial properties. The overarching impact goal is to create a more attractive business environment, which in turn draws more customers, supports local businesses, and fosters a sense of community pride. The grant prioritizes a wide array of exterior improvements, including exterior painting, lighting, new windows and doors, awnings, architectural feature restoration, parking improvements, screening and fencing, sprinkler systems, and signage. It also covers soft costs like licenses and permit fees. The focus is on tangible upgrades that visibly improve the commercial landscape. Eligible properties must be commercially zoned within Santa Rosa County and not exempt from ad valorem property tax. Applicants must possess all necessary business licenses and permits, and any legal or land-use issues must be resolved or explained. Expected outcomes of the StRIVE Grant include a measurable increase in property values, a visible enhancement of commercial building exteriors, and a stimulated local economy. The program anticipates an improvement in the overall appeal of commercial districts, potentially leading to increased foot traffic and business revenue. While specific measurable results like the exact percentage increase in property value or business revenue are not detailed, the focus on "upgrading the appearance of property" and "stimulating economic activity" implies a quantitative and qualitative improvement in the county's commercial health. The requirement for projects to comply with local codes and obtain certificates of occupancy ensures that improvements are sustainable and legally sound.