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Urban Renewal Agency tightens downtown grant rules, creates scoring window; board approves 7–1
Summary
The Urban Renewal Agency adopted changes to downtown small-project and building-improvement grant programs, adding scoring criteria, a six-week application window, matching requirements and new priorities; the board approved the revisions 7–1.
The Dallas Urban Renewal Agency on April 7 adopted revisions to its minor-improvement (renamed small-project) and building-improvement grant programs intended to concentrate limited grant dollars and steer investment toward new downtown businesses, upper-story housing, and projects that reduce vacancy.
Economic Development Specialist Tyler Ferrari told the board the programs have produced a strong public-private leverage ratio and that proposed changes reflect recommendations from the Urban Renewal District Advisory Committee. Key changes include renaming the minor improvement grant to “small project grant” and…
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