Grants Available for Shaw Retailers North of S Street, NW: Applications Due 04/02/18
The 965 Florida Avenue, NW Local Retailers Assistance Program will provide financial support to businesses in proximity to The Wren, a mixed use development at 965 Florida Avenue, NW. Applicants must be retail businesses incorporated in the District of Columbia and located within the boundaries indicated in the map that is part of the "Guidelines for Applicants" below. Successful applicants must demonstrate the potential for increased sales and a positive impact on the commercial business corridor through capital improvements and/or marketing investments proposed in their application, following the "Guidelines for Applicants."
Shaw Main Streets, Inc. will award grants to businesses that meet the eligibility requirements. Projects eligible for funding include storefront and interior improvements, acquisition of permanent equipment, and marketing services. Shaw Main Streets, Inc., intends to award a total sum of $100,000 in grant funding using funds provided by MRP Realty as part of the Planned Unit Development for The Wren, as approved by the Zoning Commission of the District of Columbia. The average expected grant amount will be $5,000, up to a maximum of $10,000, based on the funds available and the potential impact of the project as rated by an advisory committee.
Applications for these grants will be due by 11:59 PM on April 2, 2018. Applicants will be notified of their award status by May 2, 2018.
A Grant Information Session will be held on Wednesday, February 28, 2018 at 2:00 PM at the DC Housing Finance Agency, 815 Florida Avenue, NW. An indepth presentation on the grant program and the application process will be the focus of the meeting, which will also include time for questions and answers from prospective applicants. Attendance at the information session is highly recommended but is not required.
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