Programs & Incentives
The GCRA is developing a new suite of incentive programs designed to encourage neighborhood preservation, economic development and community partnerships within the district.
The first of these programs is now accepting applications. The GCRA’s Business Improvement Grant Program, which replaces the former CRA’s Façade Improvements Incentive Program for Existing Commercial Buildings, has been revised to serve the single GCRA district. The revisions also include clarification on the policies and guidelines, a more concentrated impact, an improved administrative process and a more user-friendly application. The program is expected to return benefits such as enhanced corridor aesthetics, improved pedestrian comfort and increased private and public investment within the district.
Find out if your property is located within the Reinvestment Area: GCRA Project Map.
The program offers a 50% matching grant, paid as a reimbursement, for eligible improvements to building exteriors. The award amount is based on a tiered system that allows businesses located within the GCRA district up to a $50,000 match. Buildings within the district that have a historic designation can receive up to a $150,000 match. For the 2021 fiscal year, the GCRA has budgeted $250,000 for the program. 2019 was the last year that the former CRA offered the Façade Improvements Program in the four districts, which leveraged just over $220,000 in CRA funds and more than $294,000 in private funds for a combined $515,804 investment in businesses within the districts.
The Business Improvement Grant documents are available for viewing or downloading at the following links:
Business Improvement Grant Guidelines & Application
Facade Preservation Easement
For more information, contact Daniel Blumberg, GCRA Project Manager, at firstname.lastname@example.org or (352) 393-8208.
Dick Mondell’s was a recipient of the CRA’s Façade Improvements Program in 2019
Stay tuned for information on additional programs, coming soon!