Building Improvement Grant Program in Indiana
This program provides financial assistance to small to mid-sized businesses and building owners in Indiana for improving their properties through reimbursement for renovation costs.
Building Improvement Grant Program in Indiana offers two grant options for small to mid-sized and large projects. The Small to Mid-Sized Projects Grant provides a 75% reimbursement of total approved actual project costs, with a maximum of $1000 per business/building owner. The Large Projects Grant offers a 50% reimbursement of total approved actual project costs, up to a maximum of $5000 per business/building owner, with a total project cost limit of $10,000.
Award Range
$1,000 - $5,000
Total Program Funding
Not specified
Number of Awards
Not specified
Matching Requirement
Yes - Varies by grant size (25% for Small to Mid-Size Projects, 50% for Large Projects)
Additional Details
Grants provide either 75% reimbursement for Small to Mid-Size Projects (up to $1,000) or 50% reimbursement for Large Projects (up to $5,000).
Eligible Applicants
Additional Requirements
To participate in the Building Improvement Grant Program, an eligible property must: Be located within the corporate limits of the Town of McCordsville within the Program boundaries below. o (See Program Boundaries section for map) Have commercial activity as its primary purpose, including but not limited to traditional retail and specialty shops, services, restaurants, and bars, live entertainment, cultural venues, galleries and professional offices including not-for-profits. Not be delinquent in property taxes, Town liens or fines or have any outstanding code compliance issues. This requirement applies to both property and applicant.
Geographic Eligibility
Town of McCordsville
Application Opens
Not specified
Application Closes
Not specified
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