For properties located WITHIN A TIF DISTRICT, the Village is offering a Façade Improvement Grant Program to encourage improvement and revitalization of building exteriors and properties as visible from the street.
The Façade Improvement Grant Program:
- Is a reimbursement grant – where the improvements need to be installed following Village approval, paid for by the applicant and then reimbursed.
- Up to 50% of eligible project costs could be funded.
- Applications and funding are available on a first-come, first-served basis
The reimbursement through the grant shall be based on the following:
- A minimum project cost of $5,000;
- The Village will reimburse the lesser of either fifty percent (50%) of eligible project costs, or
- $25,000, including a maximum of 30% for landscaping.
- $100,000 for a multi-unit shopping center, including a maximum of 30% for landscaping. This project may be phased over the course of four (4) years.
- $10,000 for landscaping-only projects, when the remainder of the property is code-compliant, as determined by the Village.
- In no instance will more than $1,000 per one linear foot of building fronting a public street be reimbursed
These façade improvements could include building exterior, signage, exterior lighting, windows, doors, landscaping and/or other exterior structural or design changes. Interior work, furniture, or items not visible from the right-of-way are not eligible. Properties that have received TIF funds from the Village in the previous 10 years are not eligible for the Program.