Penn Central Facade Improvement Grant Program
The City of Richfield is offering a limited-time grant opportunity for building facade improvements. Eligible building owners or business owners may apply for grant assistance for 50% of the cost of improvements - up to $7,500 per property.
The City of Richfield recognizes the important role that healthy neighborhood business districts like Penn Central play in the City’s vitality. The Façade Improvement Grant Program aims to help revitalize and sustain the Penn Central neighborhood business district by encouraging and assisting property owners to make lasting physical improvements to buildings along the corridor.
WHO CAN APPLY FOR A GRANT?
The Penn Central business district extends along Penn Avenue between Crosstown Highway 62 and 68th Street (see map below). Building owners and commercial tenants (with property owner’s approval) of commercial properties within the district can apply for a Façade Improvement Grant. For-profit and not-for-profit entities are eligible to apply, as long as the grant is used for a commercial building.
HOW MUCH ARE THE MATCHING GRANTS?
Grants will pay for 50% of the total project costs, up to a maximum grant amount of $7,500 per property. Grant funds must be matched 1:1 with private dollars. Owners of multiple properties can apply for separate grants for each property, as long as the cumulative grant amount awarded does not exceed the maximum grant amount. The minimum grant amount is $1,250 ($2,500 total project cost). This is a reimbursement program. Applicants must complete all improvements and pay for the total project cost or total private match, prior to receiving a reimbursement check from the City.
WHAT IMPROVEMENTS ARE ELIGIBLE FOR MATCHING GRANT FUNDS?
For a complete list of eligible improvements, refer to Facade Improvement Grant Program Guidelines 2018
Contact Sadie Gannett, Assistant Planner to schedule a meeting. Please bring a completed application form and any necessary attachments to the meeting.