The City’s Office of Planning, Development, and Sustainability is launching a matching grant program for new and existing small businesses looking to make façade improvements.
Donor Name: The City of Medford
State: Massachusetts
City: Medford
Type of Grant: Grant
Deadline: 05/31/2022
Size of the Grant: Up to $5,000
Details:
The City of Medford’s Storefronts program is a façade improvement matching grant program providing commercial business and property owners with financial support and design assistance for the enhancement of commercial building facades. A façade improvement program is an important economic development tool that encourages property and business owners to improve their building storefronts. Exterior improvements to buildings in a commercial area can lead to revitalization of neglected or older commercial districts and help small businesses improve visibility and curb appeal and attract more customers.
The Storefronts grant is structured as a reimbursement of a property or business owner’s investment in eligible storefront façade enhancements. As part of the program, successful applicants will also receive design and construction management assistance from an urban design consultant designated by the city. The City of Medford anticipates funding up to 15 projects in 2022.
Funding Information
Applicants to the program may apply for 50% of project costs, up to $5,000. For example, if your project cost is $15,000 you will only be eligible for a reimbursement up to $5,000.
Eligibility Criteria
Ground floor commercial tenants may apply with the approval of the property owner. Property owners of commercial buildings with ground floor storefronts located in the City of Medford are eligible to apply for a Storefronts grant.
For more information, visit The City of Medford.
