Small businesses in St. Louis have a reason to look forward to the next year as the Commercial Facade Improvement Program announces its second annual round of opportunity. As reported by the City of St. Louis' official news outlet, the program is fully funded through the federal Community Development Block Grant (CDBG), offering a financial leg up to businesses aiming to revamp their exteriors.
The program’s framework is designed with flexibility, catering to a wide range of aesthetic upgrades from the simple addition of new awnings to comprehensive storefront renovations. While the focus is set on the bustling main streets and Neighborhood Revitalization Strategy Areas (NRSAs), it entices small businesses citywide, eager to bring a fresh face to their establishments and, in turn, their communities.
In order to qualify for these forgivable loans, which can range anywhere from $5,000 to $50,000, applicants must fulfill a specific set of requirements outlined by the city. These include detailed project proposals with itemized cost estimates and architectural or engineering design services if necessary as part of the total project budget.
Unlike the primary CDBG focus, the Commercial Facade Improvement Program zeroes in on supporting the small business growth directly. According to the outline provided by the city's announcement, this is an inclusive effort, extending its arms to property owners and small businesses ready to enhance their commercial buildings' outdoor aesthetics, fueling the central veins of St. Louis's economy.
Applying for the program necessitates a series of submissions, from color photos of the current storefront to comprehensive designs of proposed work. Of note, businesses must also confirm their City of St. Louis taxes are paid up-to-date. For those leasing their premises, written consent from the property owner is mandatory before implementing any changes.
The call for applications is now open, with the potential to alter the visual narrative of St. Louis's commercial districts and bolster the city's economic vibrancy one facade at a time. Small business owners looking to participate in this transformative initiative can find all necessary application documents on the CDA’s Salesforce portal, as provided by the City of St. Louis' official website.
