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Board approves $182,130 in PACE rehabilitation grants for downtown and hilltop properties
Summary
The Madison City Board of Public Works and Safety approved 13 PACE/rehabilitation grants totaling $182,130 for properties across downtown and the hilltop, citing strong private leverage and a desire for clearer project budgets in future packets.
The Madison City Board of Public Works and Safety on July 20 approved 13 rehabilitation and curb‑appeal grants through the city's PACE program, totaling $182,130.
Brenna, the staff presenter, reviewed individual applications that included facade work, roof and foundation repairs, window replacements and historic trim restoration. Projects highlighted during the meeting included 227 East Main Street (rehab grant, $7,500), 921 Walnut Street (dilapidated structure request for $25,000), 628 West Third Street ($25,000), and a curb‑appeal grant at 920 Cross Avenue ($5,000).
Mayor (board chair) praised the group of projects as a strong round of work and noted the package's leveraging of private investment. "This round's 5.3 to 1," the mayor said, citing the city's calculation of total project value compared with PACE dollars committed; the mayor added that the program's average leverage is about 4 to 1. Board members asked staff to include full project budgets in future packets so the board can better evaluate the city's share versus total investment.
The board approved the entire package by voice vote. Staff said they will follow up with applicants where application details (for example, exact siding material or the extent of exterior painting) were incomplete.
The board also approved midpoint and final project closeouts presented that day. The action was procedural: the city will disburse the approved PACE amounts as projects meet program conditions and completion milestones.
