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Finance committee narrows Building Improvement Grant eligibility, tightens administrative requirements
Summary
The committee approved adjustments to the Building Improvement Grant program (Legistar 91,439) that remove most property owners from eligibility unless they also own and operate the business, add applicant ID and in-person walkthrough requirements, add two TIDs, and remove equipment purchases from allowable TIF-funded expenses.
The City Finance Committee on Jan. 20 approved administrative and eligibility changes to the Building Improvement Grant program under Legistar 91,439. The primary eligibility change removes property owners from program eligibility unless they also own and operate the business receiving the grant.
Ruth, a program staffer, said the modifications are…
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