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EDA approves fiscal-year real property investment grants package; 21 projects to be funded

5442367 · July 22, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Economic Development Authority approved a package of real property investment grants to support redevelopment and tenant fit-outs across multiple commercial properties; the package passed by a 4–0 vote with one commissioner recused.

The Portsmouth Economic Development Authority on Tuesday approved a package of real property investment grants for fiscal-year 2026, awarding funding to a set of property redevelopment and tenant-improvement projects across the city.

Staff said the round included 10 formal applications presented to the board and that two smaller grants had already been administratively approved. The projects described in staff materials included storefront and shell renovations, restaurant buildouts, and industrial property…

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