GrantExec

City of Wickliffe Commercial Renovation Reimbursement Grant Program

$10,000
Closed
OH
Grant Description

The City of Wickliffe's reimbursement grant program aims to enhance the appearance of commercial storefronts for non-franchised property and business owners. This initiative directly aligns with the City's broader mission to foster economic growth and prosperity by encouraging reinvestment and restoration of commercial properties. The program is designed to improve the exterior aesthetics of commercial buildings, thereby contributing to a more vibrant and attractive business environment within Wickliffe. The primary beneficiaries of this program are commercial, non-franchised property owners and business owners within the City of Wickliffe. The program's impact goals include supporting locally-owned businesses, attracting new businesses, and retaining existing ones. By providing financial assistance for property improvements, the City seeks to create a more appealing commercial landscape that benefits both businesses and the community as a whole. The program prioritizes projects that enhance the visible aspects of commercial properties, including front exterior faรงades, signage, parking lots, and street-visible hardscaping. Specific focuses include new or restored front doors and windows, painting, siding, tuck pointing, awnings, outdoor cafes, company signage, seal coating or resurfacing of parking lots, and perennial plantings as part of larger hardscape projects. The maximum grant amount for parking lot funding is $1,000, and for annual plantings, it is $200. Expected outcomes include a measurable improvement in the overall aesthetics of commercial properties, increased reinvestment in the commercial sector, and enhanced economic vitality in Wickliffe. The program offers reimbursement assistance of up to 50% of total eligible project costs, with a maximum reimbursement of $10,000, ensuring that significant improvements can be undertaken. The duration of the grant is stated as more than 10 years, suggesting a long-term commitment to these strategic priorities and a theory of change that posits sustained investment in commercial aesthetics will lead to lasting economic benefits and community development.

Funding Details

Award Range

Not specified - $10,000

Total Program Funding

$50,000

Number of Awards

Not specified

Matching Requirement

Yes - 50% match required.

Eligibility

Eligible Applicants

For profit organizations other than small businesses
Small businesses

Additional Requirements

Commercial, non-franchised property owners and/or business owners.

Geographic Eligibility

Wickliffe (OH)

Key Dates

Application Opens

August 1, 2024

Application Closes

August 15, 2024

Contact Information

Grantor

The City of Wickliffe

Email

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Categories
Business and Commerce
Energy
Arts
Infrastructure