Local "Downtown" Business Support Programs a.k.a. Local Grants
As part of the city's updated urban renewal plan, City Council developed a downtown district Local Business Support Program that offers three different types of grants intended to help create a positive, inviting, and thriving downtown district.
Funding has been allocated for: 1. Commercial Exterior Grant - supporting the restoration/rehabilitation of facades/exterior walls on commercial buildings in the downtown district. 2. Area Acquisition Assistance Grant- supporting the acquisition of properties in the eligible downtown project area. 3. Sign Grant - to encourage the installation of business signage, and any associated lighting, to help identify and promote area businesses.
Program funding is allocated on a first-come, first -served basis for fiscal years beginning July 1 and ending June 30.
Upon depletion of grant funding, receipt of applications will be discontinued until the following fiscal year.
IEDA Catalyst (CAT) Building Remediation Grant Info
The City of Marengo is currently accepting requests from commercial property owners within the Marengo city limits, that would like to be considered for the IEDA Community Catalyst (CAT) Building Remediation Program grant. Deadline is October 21, 2022. For additional details, clickhere.