Staff outlines tiered tenant-improvement and facade grant program to spur downtown reinvestment

City staff presented draft grant programs on July 16 designed to accelerate storefront and site reinvestment across the core and other urban renewal districts. The programs include a three-tier tenant-improvement grant (base maxima: $75,000 for new occupancy; $45,000 expansion; $25,000 retention) with a 25% bonus for projects located in the center-of-core priority area, and a site and facade revitalization grant program with scaled maxima (up to $400,000 for large sites) and stackable bonus pools for active frontage, sustainability, EV charging, solar canopies and other elements.