Façade Improvement Grant/Loan Policy

Intent:

The City of Menasha façade improvement grant and loan policy is created to provide financial assistance for capital improvements on exterior facades of commercial properties, zoned C-2 Central Business Zoning District located within historic districts.

Grants:

Grants are available for approved projects on a dollar for dollar match basis up to a maximum of $2,500 per building façade. 

Grant funds will be reimbursed upon submission of an itemized invoice or itemized paid receipt by the applicant and verification of completion of the work by the Director of Community Development, and/or designee.

Loans:  

Loans are available for approved projects.  Applications shall be reviewed by the Director of Community Development, and/or Principal Planner, in consultation with the City Finance Director and City Attorney.  Such review shall consider the financial capacity of the applicant to repay the loan, and any other considerations relevant to the project or loan program.  The applicant may be required to submit corporate and/or personal financial statements, tax returns or other evidence of financial capacity.  The applicant may be required to execute a mortgage or provide other means of securing the funds borrowed.

Approved loans will bear interest at the rate of 1% less than the prime lending rate, not to exceed 4% per annum and have a maximum term of one year per $1,000 borrowed.  The maximum loan amount is $20,000 per project, with a maximum term of ten years.

More Information:

Full Façade Improvement Grant /Loan Policy
Grant/Loan Application

 To inquire about the availability of funding and determine the eligibility of your project, please contact Community Development Department staff at 920-967-3650.