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DRI Main Street Facade Improvement Program

$250,000
Closed
Rolling Deadline
Grant Description

Grant Name: DRI Main Street Facade Improvement Program Location: City of Syracuse, New York Grant Size: $100,000 to $500,000 Duration: Not specified Details: The City of Syracuse Department of Neighborhood and Business Development is offering grants to support the redevelopment and improvement of commercial, mixed-use, and/or historic properties within the Downtown Revitalization Initiative (DRI) area. Funding is available for for-profit entities seeking to make building facade improvements. A total of $1.8 million has been allocated for this program, with a maximum award of up to $250,000 per project. Eligible applicants include property owners or those under contract to purchase property in the DRI area. Both for-profit and nonprofit organizations are eligible to apply. For more information, visit NBD website.

Funding Details

Award Range

Not specified - $250,000

Total Program Funding

$1,800,000

Number of Awards

Not specified

Matching Requirement

No

Eligibility

Eligible Applicants

City or township governments
For profit organizations other than small businesses
Nonprofits

Additional Requirements

Eligible applicants include those who own or are under contract to purchase an existing property in the City of Syracuse and located within the Downtown Revitalization Initiative (DRI) Area and are seeking to make exterior/interior building improvements – this may include mixed-use buildings that contain residential apartments. Both for-profit and nonprofit / 501c3 or c4 organizations are eligible to apply. $1.8 million has been appropriated for this program. The maximum amount of funding that can be awarded is up to $250,000 per project. Please note however the average award size is anticipated to be $100,000 or less. No more than 75% of the total project cost of a specific property will be funded by this program.

Geographic Eligibility

City of Syracuse

Key Dates

Application Opens

November 1, 2023

Application Closes

Not specified

Contact Information

Grantor

City of Syracuse Department of Neighborhood and Business Development (NBD)

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Business and Commerce
Science and Technology
Community Development