The City of Hyattsville created the Corridor Investment Grant Program as a funding opportunity for private and non-profit partners with creative placemaking projects, programming initiatives, and business development strategies.
Donor Name: City of Hyattsville
State: Maryland
City: Hyattsville
Type of Grant: Grant
Deadline: 06/09/2023
Size of the Grant: $1,500 – $5,000
Grant Duration: 6 months
Details:
The City of Hyattsville reserves the sole right to amend, modify, add, or delete any part or subpart of this program.
The City of Hyattsville Corridor Investment Grant Program will consider funding request for the following activities:
- Programming Grant
- Funding Eligibility: Up to $1,500
- Programming that is an openly-accessible event or programming for the public.
- Sponsorships for events are permitted, but must not be tied to grant money.
- Public Placemaking Grant
- Business Development Grant
- Funding Eligibility: Up to $5,000
- Funding that can be used for
- A Commercial tenant subsidy for a new business in an underrepresented market or for a subsidy for a woman and/or minority-owned business
- Business support services (ex: specialized consulting, workshops, trainings) that will broaden the audience and increase profitability form businesses currently in operation in the City of Hyattsville.
- An equity match for the City’s Commercial Facade Improvement Program, consisting of façade improvements of commercial properties
Funding Information
This is a match grant. Applicants are eligible to receive a grant of up to 80% of the total cost of the eligible project or program, and are required to demonstrate a 20% funding match for their project.
The following are the maximum applicable awards for each funding category:
- Programming Grant: $1,500
- Public Placemaking Grant: $2,500
- Business Development Grant: $5,000
Programming Grant: 6 months
Eligible Activities
- Programming Grant: Examples of Eligible Activities for the Programming Grant:
- Public programming series or one-day public event
- Programming hosted by a private business, in collaboration with 3 other local partner businesses/organizations
- A webinar series or online event
- Public Placemaking Grant: Examples of Eligible Activities for the Placemaking Grant:
- Publicly accessible street furniture, such as benches or chairs
- Installation of planters/flower boxes
- Installation of murals of other public art
- Community art projects
- Community tree planting or garden installation
- Business Development Grant: Examples of Eligible Activities for the Business Development Grant:
- Business support services or consulting
- Business development workshops
- Professional training for employees
- Purchase of software or tech equipment critical to business operations/growth needs
- An equity match for the City’s Commercial Façade Improvement to install signage, lighting, windows, doors, etc.
- A one-time Commercial Tenant Subsidy for an underrepresented business of a Women Owned/Minority Owned Businesses (WBE/MBE).
Eligibility Requirements
All projects and programming receiving funding are required to perform the approved work funded through the grant within the corporate limits of the City of Hyattsville Only entities within the corporate limits of the City of Hyattsville are eligible to receive this grant.
Programming Grant
- Programming funded through this grant is required to be completed within 6 months after receipt of a ‘Notice of Grant Award’.
- Programming must be a publicly accessible event or programming for the public and cannot directly profit a singular commercial entity.
- One-time Special Events must be available at no cost to the public and open to the public. Private businesses are required to produce an event in collaboration with at least three (3) other businesses or organizations in an adjacent geographical area.
- Sponsorships for events are permitted, but must not be tied to CIP grant money.
- Please be aware that public events like street fairs usually require a special permit from the City.
Public Placemaking Grant
- The project must be located on exterior property that is either public or publicly accessible and is determined by the City to improve the aesthetic landscape.
- The applicant must agree to maintain the improvement for a period up to 36- months.
- The applicant is not obligated to replace the item if it is damaged and/or destroyed.
- The applicant is required to secure any and all right of access or other related approvals from the applicable governmental agency.
Business Development Grant
- Eligible commercial tenants are limited to a new or relocated business in an underrepresented market
- Commercial tenant subsidy for a woman and/or minority-owned business
- Business support services (ex: specialized consulting, workshops, or training) that will broaden the audience and increase profitability for businesses currently in operation in the City of Hyattsville.
- Equity match for façade improvements of commercial properties for owner/operators of businesses that have never received funding through the City’s Commercial Facade Improvement Program. Commercial property owners are not eligible for this grant.
- If a building code compliance violation is present, correction of the violation must be made as part of the façade improvement work. Eligible applicants include the tenant of a commercial building or the owner of a commercial business. Properties which are vacant at the time of award must tenant the improved space, with a permitted use, within six (6) months of the completion of the façade improvement work. All applications related to façade improvements must be signed by the property owner to indicate consent for the proposed improvements. Structural repairs, interior work, and roof repairs are not eligible under this program.
- The determination of eligibility and priority for assistance is at the discretion of the City of Hyattsville. Work which qualifies for assistance includes improvements to the exterior of a building which are visible from the public right-of-way, and may also include documented costs for architectural design, permitting, and inspection services. Work must be completed within one year of the grant award notification.
- Please note, applicants seeking a CFI Equity match will be required to complete a separate application for the Commercial Façade Improvement Program when it opens in Fall 2023. Applicants will be contacted separately with further information.
- Bids from at least three (3) contractors for façade improvement work are required. Please see Section III. ‘Acquiring a Contractor and/or Service Provider’ for further details.
For more information, visit City of Hyattsville.
