The Seneca Falls Development Corporation (SFDC) will host an informational meeting Wednesday at the Seneca Falls Community Center to introduce funding of $365,000 remaining for the Downtown Building Improvement Fund.
The Seneca Falls Development Corporation received funding from New York State’s Downtown Revitalization Initiative (DRI) to support second-round applications in the program.
The SFDC will award up to $100,000 in DRI Building Improvement grant funds, per building, not to exceed 50% of the total eligible project cost (75% if the project is for a non-profit entity). Building renovation funds may be used to renovate facades, storefronts and commercial interiors as stated above, with additional funding available per building if there is also an upper-level residential component. The breakdown of additional funding is up to $25,000 for projects that produce a minimum of 1-2 residential units and up to $50,000 available for projects that produce a minimum of 3 or more residential units. The maximum award is $150,000.
For those who cannot attend the 6 p.m. meeting in person, the meeting will be available via Zoom videoconferencing. Please register here for the meeting.
