FREEPORT, ILLINOIS — The City of Freeport has announced it is accepting 2021 Façade Improvement Program Grant Applications through February 26, 2021.
The Façade Improvement Grant Program is designed to provide owners of properties financial incentives to preserve, restore, and rehabilitate the exterior features of buildings located within the Downtown Tax Increment Redevelopment (TIF) Area.
The grants are provided by the City of Freeport, in partnership with Paint the Port, in recognition of the positive impact that individual facade rehabilitations can have on the overall appearance and quality of storefronts.
The reimbursable grant is intended to assist with the costs of enhancing the outward appearance of downtown buildings. The City has a proposed budget of $10,000 for 2021.
The Paint the Port event may generate $10,000 in net proceeds that will be included in this year’s Facade Improvement Grant Program. The total anticipated funds for 2021 will be $20,000. Funds not expended within the given year may be carried over and available in future years.
Applicants can apply to be reimbursed for 50 percent of their project cost, up to $15,000.