The Real Property Investment Grant Program, offered by Portsmouth Economic Development (PED), aims to support new, relocating, and expanding businesses, as well as commercial property owners, in improving their properties. The program is focused on facilitating the rehabilitation and redevelopment of both interior and exterior spaces to enhance the city's streetscape and encourage economic activity and investment in Portsmouth.
This grant targets projects that contribute to the aesthetic and functional improvement of commercial properties, making them more attractive to customers, tenants, and the broader community. By investing in property enhancements, the program seeks to promote a positive business environment, drive commercial growth, and foster a vibrant local economy. Eligible projects include activities that visibly improve the property, aligning with the goal of increasing interest in Portsmouth as a business destination.
Specific eligibility guidelines, application schedules, funding amounts, and the types of activities covered under this program are outlined in the grant's guidelines. Interested applicants should ensure that their projects align with the program's objectives, particularly in contributing to visual and structural enhancements of commercial properties. Additional details regarding submission requirements and the approval process can be obtained through Portsmouth Economic Development's resources.
This program is a strategic initiative to support businesses and property owners in creating appealing and functional spaces that benefit the entire community while advancing economic development priorities.
