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: 06/12/2022
Size of the Grant: Up to $5,000
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 $5,000
- Programming must be a publicly accessible event or programming for the public and cannot directly profit a singular commercial entity.
- Public Placemaking Grant
- Funding Eligibility: Up to $2,500
- 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.
- Examples of placemaking projects include, but are not limited to the following: planter boxes, benches, murals, flowerpots, etc.
- Business Development Grant
- Funding Eligibility: Up to $5,000
- Commercial tenant subsidy for a new business in an underrepresented market
- Commercial tenant subsidy for a woman and/or minority-owned startup business
- Business support services (ex: specialized consulting) 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.
Funding Information
Applicants are eligible to receive a grant of up to 80% of the total cost of the eligible project or program for each of the following categories:
- Programming Grant: $1,500
- Public Placemaking Grant: $2,500
- Business Development Grant: $5,000
Eligibility Criteria
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 90-calendar days after receipt of a ‘Notice of Grant Award’. The City anticipates notices will be issued on September 19, 2022.
- 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 in an adjacent geographical area.
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 startup business
- Business support services (ex: specialized consulting) 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 owner 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 must be signed by the property owner to indicate consent for the proposed improvements. 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.
For more information, visit City of Hyattsville.
