The City of St. Petersburg is launching the 2020 cycle of the South St. Petersburg Community Redevelopment Area (CRA) Commercial Matching Grant Program with the release of two place-based opportunities.
This year’s place-based opportunities include two grants:
1) Commercial Site Improvement Grant provides a reimbursable matching grant of up to $20,000 to commercial property owners that upgrade their building façades, landscaping, lighting, loading and service areas and other features of their sites visible from the public right-of-way
CSI Grant Application Packet
2) Commercial Building Interior and Tenant Improvement Grant provides a reimbursable matching grant of up to $20,000 for interior upgrades to commercial properties with a focus on projects that remedy degraded building systems and extend the economic viability of the building.
CBITI Grant Application Packet
Grants are awarded once a year. Each grant has its own application requirements and deadlines. Place-based opportunities require applicants to attend mandatory workshops. For grant requirements and workshop schedule, visit stpetegreenhouse.com/incentives.
If you are unable to attend a workshop in person, a CRA Grant Webinar is now available to complete on your schedule. Attend Online Webinar
The City will be accepting applications for the two aforementioned commercial grants starting Monday, February 24, 2020. All applications must be received by 5 p.m. on Friday, March 6, 2020. Applications must be brought to The Greenhouse, located at 440 2nd Ave. N.
The place-based opportunities are one of three components that make up the CRA Program – which also includes people-based and housing-based opportunities.
About the CRA Grant Program
The CRA Grant Program was created in 2015 as part of the city’s innovative, 30-year revitalization plan designed to help boost private investment in commercial and multifamily residential development in South St. Pete. The CRA is generally located between 4th St. and 49th St., from 2nd Ave. N. to 30th Ave. S.
The program is comprised of three buckets of opportunities – place-based opportunities, people-based opportunities and housing-based opportunities. The releases of the remaining opportunities are to be announced.
For more information, visit stpete.org/cra.