The Small Business Facade and Property Improvement Program is a component of the Inclusive Economic Opportunity Districts Program that provides matching grants to property and business owners willing to renovate the street-front exteriors of their structures. These improvements could include new signage, windows, painting, doors, and/or structural or design changes. This is a rebate program where business and property owners receive reimbursement for up to 50% of the cost of the project in amounts ranging from $1,000 to $20,000 for completed work. Indy Gateway is working on the westside as a community development organization sponsor and supporting role for applicants per guidelines.
This grant was created to encourage property owners and businesses to improve the exterior of their buildings and storefronts to attract new customers and beautify the area. Beyond this, intentional design elements and effective use of public space can also prevent crime and improve the neighborhood quality of life (e.g. nighttime lighting, windows looking onto streets and parking lots, etc.). For more information on how to incorporate crime prevention design in your building improvements, you can find more information here.
The pandemic has brought many changes, closures and social distancing requirements that have significantly impacted businesses and commercial property. For 2021, the façade grant can be used to cover smaller improvements to support COVID-19 adaptations so businesses can reach more customers while ensuring the safety of everyone.
Applications will open February 15th – April 2nd (the application link will be added to the website on the 15th). The review committee will review applications and award selected applicants in the following two weeks after applications close.
For 2021, the review committee will be prioritizing:
- Minority, immigrant and women-owned properties and businesses
- Commercial property or businesses located in LISC neighborhoods
- Façade improvements that incorporate design elements to prevent crime
- COVID-19 Adaptations (example: signage, attached awning, walk-up service window, permanent outdoor seating structures, etc.)
Grant amount: $1,000 – $20,000 (covers up to 50% of the total façade improvement cost)