How do I calculate what my reimbursement will be?

Infrastructure Grants are reimbursed on a 50/50 basis meaning the grant can be reimbursed at 50% with the applicant investing 50% of their own funds in the project. The amount of the grant is dependent on the tiered system, but in no event will be more than $200,000.

  • For example, if your property is located within Tier 1, and your total project cost is $100,000, you are eligible to receive up to $50,000 for a Qualifying Infrastructure Project.
  • If your property is located in Tier 2, and your total project cost is $100,000, you are eligible to receive up to $37,500 for a Qualifying Infrastructure Project.

Façade Grants are reimbursed on an 80/20 basis meaning the grant can be reimbursed at 80% with the applicant investing 20% of their own funds in the project. The amount of the grant is dependent on the tiered system, but in no event will be more than $25,000.

  • For example, if your business is located in Tier 1, you can receive up to 100% of the total grant, which is $25,000
  • Your total project cost would need to be at least $31,250 making the $25,000 grant 80% of the total cost
  • 20% owner participation would be $6,250

Show All Answers

1. When can I start my project?
2. How long does the approval process take?
3. Do I need to attend any of the meetings?
4. How long does it take to be reimbursed?
5. How do I calculate what my reimbursement will be?
6. Is there a timeline for finishing the project?
7. What if I sell my building/business after I receive a grant?
8. I own a building but I lease it out to someone else. Can my lessee apply for a grant?