In 2017 the Ohio Development Services Agency awarded the City of Piqua, in partnership with Mainstreet Piqua, a $300,000 Community Development Block Grant (CDBG), specific to downtown revitalization. This grant is issued to governments in Ohio to help improve Central Business Districts, help eliminate blighted structures, and assist with private-sector job opportunities.
The City of Piqua is offering a grant/loan combination where grants will not exceed more than 50 percent of the total project cost. With the combination of business owner match, grant, and loan, the maximum total project cost per unit is $50,000. The grant funds will be split between hard costs and soft cost that includes hiring of a consultant to prepare the bid specs and oversee the construction of the project.
This grant provides the last piece of the puzzle for building owners to proceed with a successful project. During this time the Mainstreet Executive Director, Lorna Swisher, and the City Development staff will meet with each business owner and develop a completion timeline.
|Janel Ranly||Lorna Swisher|
|Development Program Manager||Executive Director|
|City of Piqua||Mainstreet Piqua|