Great News for Uptown Business Owners

Attention, great news for Uptown business owners, landlords, tenants, investors.   I attended the Edgewater/Uptown Builders Group Meeting last week and heard from Uptown United about two new programs.

Under the City™s Small Business Improvement Fund (SBIF) grants/reimbursements of up to $150,000 per applicant, are available for renovation/repair of commercial building, compliance with the Americans with Disabilities Act or for environmental remediation.   Commercial businesses, industrial businesses, landlords and tenants may qualify.

Other good news, most of Uptown qualifies for the City™s new Streamlined Tax Incremental Financing (STIF) program grants. It has a much easier/shorter application process.   Assistance ranges from $25,000 to $1,000,000. The money can be used for land acquisition, environmental remediation, building repair/rehab, signs or awnings, streets, streetscaping, infrastructure improvements, professional redevelopment fees, construction interest, and job training welfare to work programs.

Contact Uptown United or visit their website, www.uptownunited.org for details.

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