Committee backs drafting of downtown facade grant with Main Street Monroe using TID 7 funds
Committee members directed staff to draft a facade and structural improvement grant program to be administered with Main Street Monroe and the historic preservation committee, discussing a 1:1 match, $5,000–$50,000 grants, and an initial funding cap.
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Administrator Wendy presented a proposal to partner with Main Street Monroe to reinstate a downtown facade and structural improvement grant funded by increment from TID 7. She said the TID summary shows roughly $800,000 available and proposed an initial program with a 1:1 match, a minimum grant of $5,000 and a maximum of $50,000, and administration in partnership with Main Street’s design committee and the historic preservation committee.
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