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CRA details grant programs, sets ribbon-cutting for Main Street Coquina Arch on Oct. 3
Summary
CRA staff outlined commercial, small project, landscape, lease subsidy, residential façade and historic preservation grants and reported contributing $682,000 to the Main Street Coquina Arch project; Parks and Rec and the mayor selected Oct. 3 at 9 a.m. for a ribbon-cutting ceremony.
Angela Armstrong, project manager for the Main Street and South Atlantic CRA, provided a five-year grant expenditure report and described the CRA's grant programs and eligibility during the meeting. Armstrong said the CRA contributed $682,000 to the Main Street Coquina Arch project and that Parks and Recreation and the mayor scheduled a ribbon-cutting ceremony for Oct. 3 at 9 a.m.
Armstrong outlined the primary grant programs available through the CRA:
- Commercial grant: a 0% interest loan program forgivable after two years; CRA covers 80% and…
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