The purpose of the CORE Incentive Grant Programs is to encourage rehabilitation, reinvestment and new development in the downtown area of our community. These incentive programs are funded by the Downtown Tax Increment District and are available to property owners, developers and tenants for projects within that District. All CORE Incentive Program grants and awards are discretionary and will be considered on a case-by-case basis. The following programs are available:
The Façade Incentive Grant Program provides 50% matching funds for improvements made to building facades;
The Technical Assistance Bank Grant Program offers financial assistance for professional design services from licensed architects and engineers;
The Housing Incentive Grant Program provides 20% matching grants for the creation or rehabilitation of housing units within the downtown area;
The Sidewalk Subsurface Infill Grant Program offers grants for work within the public right-of-way needed to fill subsurface vaults under sidewalks.
The Renaissance Zone Authority is a seven member advisory board that makes recommendations on requests for designation as a Renaissance Zone project and CORE Incentive Grant program applications. The Renaissance Zone Authority also provides guidance on Downtown Design Review and other activities impacting the core of the community.