
Lake Worth CRA Facade Grant THE CRA IS NO LONGER ACCEPTING APPLICATIONS FOR THIS GRANT The Facade Improvement Grant Program incentive encourages commercial property upgrades by providing both the incentive to redevelop and the financial assistance to make it possible. Eligible activities under this grant program include façade improvements, landscape and irrigation, parking, signage, outdoor cafés and new construction. Applicants can receive 80% of the cost of construction up to $30,000. Applications must be turned into the CRA Office no later than February 12, 2010.
Application: Facade Grant Application
Brochure
Lake Worth CRA Commercial Tenant Improvement Grant THE CRA IS NO LONGER ACCEPTING APPLICATIONS FOR THIS GRANT The purpose of this grant is to assist new and existing businesses who are willing to improve the buildings they occupy thereby attracting the needed mix of retail, commercial and office uses in the City. The grant provides 80% of the cost of constructing the interior of a business (up to $10,000). Eligible applicants can receive reimbursement for items such as HVAC, security systems, plumbing, drywall and electrical work. This program is intended to meet the financial gap that exists between the tenant and the owner. Additional incentives are available if Green Building techniques are utilized. Applications must be turned into the CRA Office no later than February 12, 2010.
Applications: Tenant Improvement Grant Application For New Businesses Application
Tenant Improvement Grant Application For Existing Businesses Application
Brochure
Historic Commercial Building Tax Credits Do you own a commercial building in the Lake Worth historic district that needs to be fixed up? If so, you could be eligible to receive significant federal tax credits. Thousands of property owners across the country have already utilized these tax incentives to rehabilitate historic commercial buildings and similar properties. Click Here for more information. Lake Worth CRA Brownfield Area As a designated Brownfield area, the State of Florida offers incentives to businesses that locate in Brownfield sites, which are underutilized industrial or commercial sites due to actual or perceived environmental contamination. The Brownfield Redevelopment Bonus Refund is available to encourage Brownfield redevelopment and job creation. Approved applicants receive tax refunds of up to $2,500 for each job created. Additionally, builders can receive a refund for sales taxes paid on the purchase of building materials used to rehabilitate real property located in a Brownfield area. Click Here For More Information Lake Worth HUB Zone Did you know that a portion of the City of Lake Worth is a Historically Underutilized Business Zone (HUB Zone)? The HUB Zone Program stimulates economic development and creates jobs in urban and rural communities by providing Federal contracting preferences to small businesses. These preferences go to small businesses that obtain HUB Zone certification in part by employing staff who live in a HUB Zone. For more information about the HUB Zone Program please visit the Small Business Administration website by Clicking Here. To see if your business is in the HUB Zone please Click Here. Lake Worth CRA Patrons Attraction Grant THE CRA IS NO LONGER ACCEPTING APPLICATIONS FOR THIS GRANT The intent of the grant is to provide financial assistance to groups wishing to conduct large events in the Downtown or Dixie Highway area's of Lake Worth. The overall goal of this program is to attract more customers and consumers to our beautiful historic town. This is a competitive grant in which applications will be reviewed by the CRA Board and funded based on merit. Applicants must match at least 50% of the total cost of the event and show proof of matching funds. For example, a group which is planning to produce a $10,000 event must contribute at least $5,000 and the CRA will provide the remaining $5,000. Please review the grant application for additional terms and conditions. Patrons Attraction Grant Application
Clean Streets Program The Clean Streets Program was created to put the pride back into our Downtown streets. To do this, the CRA has contracted with local companies to pressure spray the sidewalks and pavers and provide weekly litter control in the Downtown and Gateway areas. However, the CRA needs your help to maintain these improvements. Any merchant with a business in the Downtown, along Dixie Highway or along the Gateways (6th Ave. South and 10th Ave. North) can become a member of the Clean Streets Program at no cost, except for the commitment to maintain their storefront. As a member, you will receive a Clean Streets cleaning kit which includes a broom and cleaning supplies such as gum remover solvent and a scraper. For more information about this program, please contact the CRA. Reduce litter brochure |