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Council adopts BRIC and GrowMonroe downtown incentive grants and repeals prior policies
Summary
Monroe City Council approved two new downtown incentive programs—BRIC (Building Rehabilitation and Improvement) and GrowMonroe—to replace eight older grant policies and encourage building improvements, second-floor occupancy and new businesses downtown.
The Monroe City Council voted to adopt two new downtown incentive programs—the Building Rehabilitation and Improvement Grant (BRIC) and the GrowMonroe grant—and to repeal the eight older downtown incentive policies currently on the books.
Donna O'Keefe, downtown manager, described BRIC as a 50/50 matching program designed to encourage interior and exterior building improvements in the downtown business district. "The BRIC program provides matching grants, so they're 50/50 grants that encourage improvements and or upgrades to…
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