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CITY of EAST RIDGE, TN Building & Facade Improvement Grant  Form

CITY of EAST RIDGE, TN Building & Facade Improvement Grant Form

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What is the East Ridge Building & Facade Improvement Grant?

The East Ridge Building & Facade Improvement Grant is a financial assistance program designed to support local businesses in enhancing their physical spaces. This grant aims to promote economic development by encouraging businesses to improve their storefronts and overall aesthetic appeal. The program is particularly beneficial for small businesses looking to attract more customers and improve their visibility within the community.

Eligibility Criteria for the Grant

To qualify for the East Ridge Building & Facade Improvement Grant, businesses must meet specific criteria. Eligible applicants typically include local businesses located within the East Ridge area. Additionally, the business should demonstrate a clear plan for improvement that aligns with the goals of the grant program. Factors such as the type of improvements proposed, the potential impact on the community, and the business’s financial stability may also be considered during the evaluation process.

Steps to Complete the Grant Application

Completing the application for the East Ridge Building & Facade Improvement Grant involves several key steps:

  1. Review the eligibility criteria to ensure your business qualifies.
  2. Gather necessary documentation, including business licenses, financial statements, and improvement plans.
  3. Fill out the application form accurately, providing detailed information about your proposed improvements.
  4. Submit the completed application along with any required documents by the specified deadline.

Following these steps carefully can enhance your chances of receiving grant funding.

Required Documents for Application

When applying for the East Ridge Building & Facade Improvement Grant, businesses must provide several important documents. These typically include:

  • A completed application form.
  • Proof of business ownership, such as a business license or registration.
  • Financial statements to demonstrate the business's economic health.
  • A detailed plan outlining the proposed improvements and their expected impact.

Ensuring that all required documents are included can facilitate a smoother review process.

How to Use the Grant Funds

Once awarded, the East Ridge Building & Facade Improvement Grant funds can be used for various purposes related to the improvement of business facades. Eligible uses of the funds may include:

  • Renovation of exterior structures.
  • Upgrading signage to enhance visibility.
  • Landscaping improvements to create an inviting atmosphere.
  • Installation of energy-efficient lighting and fixtures.

Carefully adhering to the guidelines for fund usage ensures compliance with the grant's requirements.

Legal Use of the Grant

Utilizing the East Ridge Building & Facade Improvement Grant funds legally requires adherence to local regulations and grant stipulations. Businesses must ensure that all improvements comply with zoning laws, building codes, and any other applicable regulations. Additionally, maintaining accurate records of expenditures and improvements made with grant funds is essential for accountability and future reporting.

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