MARQUETTE, Mich. (WLUC) - Recently, the Marquette Downtown Development Authority (DDA) received a Downtown Façade Restoration Initiative Grant from the Michigan Economic Development Corporation (MEDC).
The $300,000 one-time funding is to assist downtown district property owners to make impactful exterior improvements to their building façade. The grant award allows the DDA to expand the Downtown Façade Improvement Grant Program, originally initiated in 2018, to fund additional projects that will have a larger impact on the economic growth and revitalization of the downtown district.
The Downtown Façade Improvement Grant Program provides financial assistance in the form of a reimbursable grant after work is completed. Grant funding requires a minimum 1:1 match, which means the DDA/MEDC will contribute up to 50 percent of total project costs while the applicant is responsible for the remaining balance.
To be eligible for grant funding, façade projects must meet a minimum of $5,000 in total costs. The maximum grant reimbursement is $50,000.
All projects must be completed and reimbursed no later than December 1, 2020.
The program guidelines and additional information are available on the DDA website.
Downtown district business or property owners interested in participating in the grant opportunity are invited to schedule an appointment with DDA staff, by calling 906-228-9475, to discuss their project proposal and application procedures.
The grant application deadline is Friday, April 26, 2019.