Fayetteville Main Street Announces Downtown Improvement Grant Program Application

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Fayetteville Main Street is excited to announce the launch of the Downtown Improvement Grant (DIG) Program, a strategic initiative designed to enhance the aesthetic appeal and economic vitality of Fayetteville’s downtown district. This program offers financial assistance to property owners and commercial tenants for exterior façade improvements, supporting local businesses and fostering a vibrant community atmosphere.

Program Overview:
The DIG Program aims to revitalize downtown by providing reimbursement grants for property enhancements. Approved applicants can receive up to 75% of project costs, with a required 25% match from the business or property owner. Eligible improvements include storefront renovations, signage upgrades, window replacements, masonry repairs, awning installations, and exterior lighting enhancements.

Key Dates:

• Applications Available: February 28, 2025
• Public Meeting: March 20, 2025, at 5 PM (Fayetteville Main Street)
• Application Deadline: April 11, 2025, by 4 PM
• Award Announcements: No later than May 9, 2025
• Project Completion Deadline: February 15, 2026

“This grant program is an investment in our downtown and an opportunity for businesses to improve their storefronts, making Fayetteville a more inviting and attractive destination for residents and visitors alike,” said Aimee Byrd, Executive Director of Fayetteville Main Street. “By supporting these revitalization efforts, we strengthen our local economy and create a thriving downtown environment.”

Application Process:
Interested applicants must submit a completed application, along with required documentation such as property photos, contractor quotes, and a financing plan. All applications will be reviewed by the Fayetteville Main Street Grant Committee to ensure projects align with city zoning regulations.

Funding Details:
Grant funds will be allocated based on project scoring, need, and available funding. Up to 15 properties may be awarded grants through the program for projects up to $20,000. Additionally, to prevent speculative selling, properties that receive grant funding must retain ownership for at least five years, or repayment will be required on a prorated schedule.

How to Apply:
Applications can be submitted via email or delivered to Fayetteville Main Street, 100 Main Ave N, Ste 1A, Fayetteville, TN 37334. 

Application

City of Fayetteville Purchasing Policy and Procedure Manual

About Fayetteville Main Street

Fayetteville Main Street is dedicated to preserving and promoting the historic and economic vitality of downtown Fayetteville. Through initiatives like the DIG Program, the organization works to enhance the downtown experience, attract visitors, and support local businesses.

Originally posted by Fayetteville Main Street via Locable