The Business Incentive Program (BIP) provided nearly $1 million in grants to business within the CRA to remove blight and beautify 24 properties.

The program’s objectives consist of the following:

• Enhance the visual appearance of major commercial districts
• Improve commercial properties

Key Results Include:

• 87,014 building square feet was renovated
• 123.5 jobs (FTEs) were retained, and 44.5 jobs (FTEs) were created by small business grantees
• The grants attracted an additional match of $1 million in private capital improvements
• Over 200 businesses were provided financial counseling through the program’s outreach efforts

The application period to submit a grant application is currently closed.