The Town of McCordsville’s Building Improvement Grant Program is designed to stimulate investment and initiate aesthetic improvements to buildings in McCordsville.
Donor Name: The Town of McCordsville
State: Indiana
Town: McCordsville
Type of Grant: Grant
Deadline: Ongoing
Size of the Grant: $5000-$10,000
Detail:
The program is administered by the Town’s Redevelopment Commission (RDC) whose members in collaboration with the Town Manager and Town staff will work directly with applicants during the grant application process.
The primary objectives of the Building Improvement Grant Program are to:
- Stimulate investment through preservation, rehabilitation, and restoration of commercial buildings by offering financial assistance for improvements.
- Maintain and improve commercial buildings in the Town to support McCordsville’s economy by providing a pleasing and aesthetically acceptable atmosphere that attracts new businesses and consumers;
- Initiate improvements by helping to offset the cost of rehabilitation of an existing storefront, building, and other select infrastructure that is architecturally consistent with the fabric of our Town.
Funding Information
- Small to Mid-Sized Projects Grant – A 75% reimbursement of total approved actual project costs up to a maximum of $1000 per business/building owner.
- Large Projects Grant – A 50% reimbursement of total approved actual project costs up to a maximum of $5000 per business/building owner ($10,000 total project cost)
Eligibility Criteria
To participate in the Building Improvement Grant Program, an eligible property must:
- Be located within the corporate limits of the Town of McCordsville within the Program boundaries.
- Have commercial activity as its primary purpose, including but not limited to traditional retail and specialty shops, services, restaurants, and bars, live entertainment, cultural venues, galleries and professional offices including not-for-profits.
- Not be delinquent in property taxes, Town liens or fines or have any outstanding code compliance issues. This requirement applies to both property and applicant.
For more information, visit Building Improvement Grant.
