The Facade Improvement Grant (FIG) program helps property owners transform the facade of commercial, industrial, and mixed-use buildings by providing a 50% matching grant to reimburse expenses incurred during a comprehensive facade improvement.
Donor Name: City of Toledo
State: Ohio
City: Toledo
Type of Grant: Grant
Deadline: 12/25/2022
Size of the Grant: $40,000
Grant Duration: 12 months
Details:
Details:
The program is subject to a two-year period of compliance, reporting, and annual inspection by the City of Toledo. The grant is collateralized by a personal and/or corporate guarantee and a promissory note, which will restrict the property owner from selling the property without approval from the City of Toledo within two years of the effective date. Applications will be processed in the order they are received and grants will be awarded as funding is available.
Funding Information
- The minimum grant amount is $10,000 and the maximum grant amount is $40,000.
- Projects shall be completed within 12 months of the Effective Date of the Facade Improvement Grant Agreement.
Eligibility Criteria
Eligible applicants, whether individual or entity, meet the following criteria:
- Applicant is in good standing with governmental entities (i.e. current on income tax, property tax, utilities, code violations, fees)
- Applicant owns the building for which they are applying
If the applicant does not own the building for which they are applying but does have the building under contract, the applicant is eligible to apply for the grant. However, grants will not be awarded until the applicant owns the building for which they are applying.
Eligible Buildings
A building’s eligibility is determined by use, not zoning. Eligible buildings include:
- Commercial use (non-residential)
- Industrial use
- Mixed-use (integrated commercial and residential uses)
- Eligible buildings must have no code violations. Buildings with vacancies are required to provide a marketing plan that demonstrates their intention to actively market the property for commercial, industrial, or mixed-uses, a letter of intent from a business to occupy the space, or a statement of self-occupancy by the building owner.
For more information, visit Facade Improvement Grant (FIG) Program.
