DMD seeking applicants for Façade Improvement Program
POSTED: Monday, January 6, 2014 - 1:51pm
UPDATED: Monday, January 6, 2014 - 3:01pm
El Paso’s Downtown Management District (DMD) has $200,000 in funds available for downtown business and property owners as part of its Façade Improvement Program and is currently seeking applicants.
The grant money, if approved for façade improvements, will cover up to 75% of the project’s total cost, with a maximum grant of $50,000 for individual projects. Improvements that qualify, according to the DMD website (downtownelpaso.com), include window work, paint, canopies, signs, and restorative work. Changes to the property that are made in order to comply with Americans with Disabilities Act requirements may also qualify for grants through the program.
Several downtown businesses have taken advantage of the program in previous years with many property owners seeing valuation increases due to improvements, according to the DMD’s Façade Program Report published in 2012.
Businesses interested in applying for the façade grants should contact Lilia Granillo at 915-400-2294. Improvements must be completed by July 2014 in order to qualify for the grants.
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