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Downtown Improvement Grant Program

Downtown Improvement Grant Program Summary

The Development Corporation of Richmond (DCR) serves Richmond and works to engage in activities that preserve and capitalize on its unique heritage. Richmond's Historic Downtown area has been identified as a key focus area for economic development. This program is intended to serve as a tool to build upon the strengths of the area and maintain its historic nature.

The grant program is a 50% match of all approved project costs in an amount between $10,000 and $25,000. A project must cost at least $20,000 in total to qualify for the matching funds.

Eligible expenses include:

 

  • Redeveloping space from a non-commercial use to a sales tax generating business. 
  • Redeveloping second story space into a commercial use. 
  • Developing vacant property into a commercial use. 
  • Exterior improvements including: facade improvements, beautification of large exterior walls facing public streets, replacement or installation of permanent awnings, landscaping, and installation of new doors and windows. 

 

Grant Guidelines

To download the full program guidelines, please click here. Individuals interested in submitting an application should contact us

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