Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Portsmouth EDA approves grant reallocation, demolition plan and $66,500 market partnership in unanimous votes
Summary
At its Dec. 17 meeting the Portsmouth Economic Development Authority voted unanimously to reallocate $50,000 between grant programs, authorize a $10,000 demolition plan contract for 1028 High Street, and approve a $66,500 partnership for Bloom/Blue Market.
The Portsmouth Economic Development Authority approved three unanimous votes Dec. 17, 2024, shifting funds, authorizing a demolition plan and approving a local partnership.
Staff told the board the FY25 Business Investment Grant programs have strong demand for the startup and real estate grants but limited participation in the acceleration grant. Staff reported 20 startup applications and $12,000 awarded year-to-date; the acceleration grant had three applications with only one approved, for $5,000. The real estate investment grant program had been…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
