The City of Greenwood is seeking applications for its Facade Improvement Grant to support building projects that will enhance the vibrancy and vitality of the City of Greenwood’s business districts.
Donor Name: City of Greenwood
State: South Carolina
City: Greenwood
Type of Grant: Grant
Deadline: 05/09/2022
Size of the Grant: $5,000
Grant Duration: 1 year
Details:
The Façade Improvement Grant is designed to incentivize property owners to undertake exterior property improvements which will lead to better utilization of properties within the City of Greenwood.
Grants will be awarded to projects based on the impact the project will have on the overall city-wide program. A variety of factors are considered in determining grant awards including, but not limited to the projected increase in property value, blight elimination, street-front visibility, business track record, impact on the surrounding neighborhood, a signed lease from a viable tenant, job creation, readiness to proceed, local economic impact, and new use of a high-profile vacant building.
Funding Information
- Property owners and/or tenants may apply for up to 90% of the total project cost (exterior renovations only) to a maximum award of $5,000.
- Projects should begin within 60 days after grant approval, and the project should be fully completed within 12 months.
Use of Fund
Funds are to be used for labor and/or materials associated with exterior renovations. Examples include carpentry, masonry, windows, doors, lighting, paint, awnings, and roofing (if visible from street level). All improvements must be fixed and permanent. Grant funds are only applicable for permanent building structural improvements. Sheds, patios, trash enclosures, and parking lots are examples of property enhancements that would not be covered unless amended by the City of Greenwood.
Eligibility Criteria
- Property must be located within the City limits of Greenwood.
- The applicant must own or have a commitment to purchase (signed purchase agreement) the real estate. If the applicant is a business owner leasing a property, or in the process of purchasing the property, the current property owner must provide written support for the project.
- All exterior property improvements must be permitted and approved by the City of Greenwood Inspection Building Department and the Board of Architectural Review (if within a city overlay district), within 60 days of application approval.
- No application will be reviewed or presented to the committee for consideration on behalf of an individual or entity that is delinquent in local government taxes, fees, or any other type of payment. Projects cannot be started prior to grant approval.
For more information, visit Facade Improvement Grant.
