Geneseo Building Owners Can Now Apply for Main Street Grant Funds
- Details
- Published Date
- Written by BECKY MCKEOWN
GENESEO — The Village of Geneseo recently received a New York Main Street Grant in the amount of $400,000. This competitive grant was awarded to only 22 communities in New York State. According to a press release from the Livingston County Development Corporation, it could be a significant opportunity for Geneseo downtown building and business owners to improve business awareness and sales.
The New York Main Street Grant program is designed to stimulate economic recovery through façade enhancements, commercial renovations on the first floor, and creation or enhancement of residential units on second and third floors. Building owners and/or business owners in the central business district can apply for grant funding, which will be reimbursed upon completion of the project.
Applications and guidelines specific to Geneseo have been developed and will be available at an informational meeting scheduled for March 7th at 7 p.m. at the Geneseo Village Building.
Approved commercial projects will be eligible for up to $50,000 for façade improvements and interior first-floor renovations, with a maximum reimbursement of 75% from grant funds. Residential projects will be eligible for up to $25,000 per residential unit with a maximum reimbursement of 75% from grant funds, and a maximum of $100,000 per building. The total maximum amount available from grant funds per building is $150,000.
Applications and program materials will be available at the meeting. A committee of residents, stakeholders, and officials will review the applications and determine the awards according to a set criterion.
To RSVP to the meeting, please contact the Village of Geneseo at 243-1177.
