What are the targeted areas?
Commercial property owners and businesses located along Princess Anne Street, from Fauquier Street to Jefferson Davis Highway and along Lafayette Boulevard from Princess Anne Street to the Blue & Gray Parkway are eligible.
Who is eligible to apply?
Commercial building owners and businesses in the above described areas.
What façade and site improvements qualify?
Painting, replacement of missing historic elements, modification or removal of inappropriate alterations, repairs and restoration of windows, cornices, trim, etc., awnings, shutters and signs, site improvements (landscaping, paving, site access, lighting, signs). Painting only projects are not eligible.
How and when do I apply and when do I find out about the grant?
After meeting with the Department of Economic Development and Tourism, submit an application by March 1st, June 1st, September 1st or December 1. The EDA’s decisions are made within 45 days.
How much are the grants and when are they paid?
The grants are not to exceed 50% of the project cost, up to a maximum $10,000 grant. Grant funds are paid upon project completion.
What are the improvement guidelines?
Guidelines for improvements are contained in the Site and Façade Assessment Reports, prepared by Frazier Associates:
Princess Anne Street Site & Façade Assessment Report – February 2013Lafayette Boulevard Site & Façade Assessment Report – June 2013
Who approves the grants and what criteria are used?
Grants are approved by the Board of Directors of the EDA. The EDA considers the following criteria in each round of applications: adherence to application and design guidelines, economic development value, other potential positive impact, visual prominence of the façade, degree of deteriorating conditions and comprehensiveness of the project.Is technical assistance available?
Grants are available for half the cost of professional design services, up to a maximum grant of $500. The application dates are the same as above. Grant recipients are to apply for an improvement matching grant in the next cycle or reimburse the EDA grant.
If the grant is approved, when do I have to complete the improvements?
Work must start with 120 days of grant approval and be completed within six months, unless the EDA sets a shorter or longer deadline in its approval.
Do I need Planning Commission approval and permits to apply?
Most site and façade improvement projects require Planning Commission approval. For questions, please contact the Community Planning and Building Department at 540.372.1179. Copies of any required building and sign permits must be provided to the EDA.
Are the EDA’s grants funded by taxpayer dollars?
The EDA grants do not come from city tax dollars, but rather from fees collected on bonds issued by the EDA.
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