Are you a commercial property owner looking to breathe new life into your vacant commercial property? Naturally Lewis, Inc. is providing a funding opportunity for you!
Donor Name: Lewis County Development Corporation (LCDC)
State: New York
County: Lewis County (NY)
Type of Grant: Grant | Reimbursement
Deadline: 12/05/2024
Size of the Grant: $10,000 to $100,000
Grant Duration: Grant Duration Not Mentioned
Details:
The LCDC will offer financial assistance in the form of a reimbursement grant at 50% of project costs up to $100,000 per project for construction rehab assistance for vacant properties within downtown areas in Lewis County, NY.
The program willtarget vacant and potentially unsafe or blighted properties within downtown areas to turn them into usable spaces for business development and other opportunities. Through a public and private partnership, the LCDC will provide one-time grants to private building owners, and provide the support, resources and connections needed to bring the project to fruition. The Program will have immediate effects on downtowns, as projects will revitalize vacant properties, enhancing the communities, driving business development and bringing residents and tourists into downtown areas. The program will bring buildings back to life, increase property tax base, create local construction jobs, as well as future employment within businesses and enhance the local quality of life.
Selection Criteria
The VPR Committee will review the following criteria in determining funding for a project:
- The project must reduce blight, contributing to the economic recovery of downtown areas
- The project must be a vacant building and/or loor (currently unused, or unable to be used due remediation or construction needs)
- The project must include renovation of commercial buildings resulting in occupancy through new business or residential
- The project must be financially feasible
- The project must show community benefit, such as increased tax base, job creation or new business development.
For more information, visit LCDC.
