The GROW Greece Commercial Occupancy Incentive Funds are available to assist with the cost of physical improvements and renovations necessary to re-occupy an existing commercial space that has become vacant as a direct result of impacts associated with the COVID-19 public health crisis (Renovation Funds). Additional funds are available to help cover certain social distancing improvements (Adaptive Improvement Funds). This is a reimbursement program and funds must be matched by the applicant.
The town will begin accepting applications on Friday, March 5, 2021, and awards will be granted on a rolling basis until funds are exhausted. Program funds have been allocated from a supplement to the town’s Community Development Block Grant (CDBG), pursuant to the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020. There is $250,000 worth of funding available with a 50% cost match up to $25,000 maximum award. An additional $10,000 is available for certain social distancing improvements.
Please see the attachment for program details and the application form. If you have questions, feel free to contact the GROW Greece Team in the Office of Economic Development at 585-723-2344 or by e-mailed to EconomicDevelopment@greeceny.gov.
“The COVID-19 public health crises has had a devastating effect on many small businesses in our community” said Supervisor Reilich. “The GROW Greece Commercial Occupancy Incentive is the next step in the town’s plan for a strong and speedy economic recovery. Economic development programs are among the core recommendations of the town’s 2020 Comprehensive Plan, and they are more important now than ever. The Town Board and I are committed to strengthening our local economy, and we look forward to working with you”.