City revives building improvement grants to boost downtown economy

During a recent government meeting, officials discussed the revival of the building improvement grant program, which aims to support downtown property owners in making significant enhancements to their buildings. Economic Development Specialist Tyler Ferrari presented the first application for the fiscal year, highlighting a project at 124 to 126 Southwest Walnut Street, home to B2 Community Care, an organization dedicated to providing assistance to individuals in need.

Ferrari explained that the building improvement grant program, previously funded by the Urban Renewal Agency, had been temporarily supplemented by $200,000 from the American Rescue Plan Act. With those funds now exhausted, the agency has decided to reinstate the traditional grant program using increment funds it has accumulated.

The proposed project at B2 Community Care involves a total investment of $64,750, specifically earmarked for the replacement and repair of the building's roof. This initiative marks a significant step in revitalizing the downtown area and supporting local businesses that contribute to community welfare.