Phoenix grant program attempts to revitalize vacant storefronts
INDEPENDENT NEWSMEDIA
Posted 2/8/24
A Phoenix program allows building owners to apply for $250,000 in financial assistance to improve public infrastructure to support the recovery of vacant retail properties.
The Vacant Storefront …
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FINANCIAL AID
Phoenix grant program attempts to revitalize vacant storefronts
(Metro Creative Connection)
The Vacant Storefront Improvement Assistance Program provides an opportunity to help struggling Phoenix businesses remain competitive.
Posted
INDEPENDENT NEWSMEDIA
A Phoenix program allows building owners to apply for $250,000 in financial assistance to improve public infrastructure to support the recovery of vacant retail properties.
The Vacant Storefront Improvement Assistance Program provides “struggling retail building owners the opportunity to remain competitive while revitalizing and beautifying the surrounding area,” a city release stated.
“Buildings that qualify are those public infrastructure improvements that delay or prevent the development and occupancy of an existing building and overall site.”
Examples of potential public infrastructure improvements include:
Sidewalk/street installation and/or repairs.
Street/traffic lights.
Landscape enhancements/improvements in the right-of-way.
Median installation.
Bus shelter enhancements/improvements.
Water/sewer line installation and/or extension.
Public art installation.
The program is funded through the Coronavirus State and Local Fiscal Recovery Fund program. Funds must be spent by Dec. 31.
