The Greater St. Cloud Development Corporation (GSDC) is excited to announce the Main Street Economic Revitalization Program.
Donor Name: Greater St. Cloud Development Corporation (GSDC)
State: Minnesota
City: St. Cloud and Foley
Type of Grant: Grant | Matching Grants
Deadline: 05/23/2025
Size of the Grant: $10,000 to $100,000
Grant Duration: Grant Duration Not Mentioned
Details:
This funding opportunity aims to support economic revitalization efforts in downtown St. Cloud and Foley by providing a 30% matching grant to businesses and property owners investing in development, repair, and renovation projects.
Funding Information
Maximum award of up to 30% of eligible project costs, up to $37,680. The City intends to fund 1-2 projects.
Eligible Projects
Projects enhancing permanent structures or creating new site amenities within the program boundary are eligible. Operational or on-going maintenance expenses will not be considered. Soft costs (e.g. design, engineering, and/or construction expenses associated with the following projects are eligible:
- Construction of new buildings
- Renovation or repair of existing structures, including expansions or additions
- Demolition of existing blighted or obsolescent structures
- Landscaping, streetscaping, other site amenities
- Private infrastructure.
Eligibility Criteria
Eligible applicants include commercial property owners, businesses, and developers with projects that align with the program’s goals of economic revitalization, job creation, and community enhancement. Priority consideration will be given to projects that support economic growth, improve accessibility, and contribute to the overall vibrancy of the downtown areas.
For more information, visit GSDC.