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Home » Our Stories » News & Updates » City seeking commercial rehab partners for grant opportunity

City seeking commercial rehab partners for grant opportunity

Do you have a commercial building downtown that needs some TLC? Have you ever dreaded the decay of a historical commercial landmark but lacked the funds to bring it back to glory? The City of Atchison could be a willing partner for grant funds to help you accomplish your dreams.

In a continued effort to sponsor opportunities for downtown redevelopment, the City of Atchison is seeking private property owners eligible to receive Community Development Block Grant funds for the 2019 Downtown Commercial Rehabilitation Program. Grants are capped at $250,000 and the program requires a 25% cash match from the property owner to receive the grant.

The purpose of the Commercial Rehabilitation grant is two-fold: to help building owners renovate downtown commercial buildings for the benefit of an existing or new business; and to address slum and blight conditions. The City is limited to submitting a single grant application on behalf of one key building in the designated downtown district.

Qualifying improvements to be considered for funding include: improvement of the exterior of building, asbestos abatement, lead based paint evaluation and reduction, and the correction of code violations. If the building is of historic importance, improvements must also be in compliance with historic preservation standards of the Kansas Historical Society.

In order to take full advantage of the CDBG Program, applicants must be prepared to include a building plan for how the property will be used in its renovated state, a verified cost estimate by a licensed architect, and a completed Environmental Review after application submittal.

The City is willing to assist with initial building inspections, public hearing notices, and preparing applications for submission. The deadline to apply for the 2019 year is December 6. Interested parties should contact the City as soon as possible as application preparation will take several months of work.

For a complete list of requirements, interested building owners should contact Assistant City Manager Justin Pregont at 913-367-5506 or justinp@cityofatchison.com.

Tags Development IncentivedowntownDowntown AtchisonentrepreneurshipGap FinancingProperty RedevelopmentReal Estate

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Whether you need resources, investment capital, expertise navigating business tax credits and grant programs or just a cadre of like-minded entrepreneurs and many levels of corporate leadership, Grow Atchison can help.

Contact


Justin Pregont
Consultant Pomeroy Development
515 Kansas Avenue
Atchison, KS 66002
Ph: (913) 367-5506

Justin Pregont
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