Grand Lake offers grants up to $1,000
April 21, 2015
The Town of Grand Lake is once again seeking applications for its semiannual Commercial Enhancement Grant Program. The deadline for submitting grant applications is May 1.
The Grand Lake Commercial Enhancement Grant Program offers qualifying Grand Lake organizations and businesses the opportunity to receive a matching grant for, "aesthetic property improvements." Approved grant applications will be eligible to receive up to 50 percent of the total projected cost of an approved project up to a $1,000 maximum contribution from the Town of Grand Lake. The applications are available online by going to http://www.townofgrandlake.com/module/news.htm?newsId=3649 and clicking on the hyperlink provided. Applications are also available in hardcopy form at the Grand Lake Town Hall.
The grant awards will be made by June 1 and all approved projects must be completed no later than June 30. In 2014 Grand Lake budgeted $5,000 for the Commercial Enchantment Grant Program. All $5,000 were awarded with the Town issuing $4,000 in reimbursements. For 2015 Grand Lake has once again budgeted $5,000 for the Commercial Enhancement Grant Program.
The Grand Lake Downtown Community Initiative Design Committee will decide which applications will receive grants. The funds will be administered by Grand Lake Town staff. The Downtown Design Committee will evaluate the applications based on several criteria: degree of beneficial impact on the commercial area, amount of visual enhancement to areas viewed by large numbers of people, conformance to the character of the neighborhood and compliance with town regulations, and other relevant factors deemed important by the Committee.
Projects eligible to receive the Commercial Enhancement Grant include building landscaping, exterior enhancements including public and private art and façade improvements such as renovations, painting, remodeling, signage, awnings, cornices and lighting. Boardwalk repair is not eligible under the grant.
A Fall Commercial Enhancement Grant application session is expected for later this year though the availability of those grants depends on funding.