Western Avenue SBIF Info Session
Applications are available now through May 31st for funding from the Small Business Improvement Fund (SBIF) in the Western Avenue North TIF and the Western Avenue South TIF. Applications for both areas are due on May 31, 2018 at 5 pm.
The SBIF program uses Tax Increment Financing (TIF) revenues to assist owners and tenants of commercial
and industrial properties with financing for permanent building improvements. Program participants can
receive reimbursement grants covering 25%, 50%, or 75% of approved project costs. Grants are provided
after an approved project is complete and all expenses are paid.
and industrial properties with financing for permanent building improvements. Program participants can
receive reimbursement grants covering 25%, 50%, or 75% of approved project costs. Grants are provided
after an approved project is complete and all expenses are paid.
Interested business and property owners can visit www.somercor.com/sbif for more information and the application.
If you are interested in learning more, representatives from SomerCor, who oversee the SBIF program, will be hosting an informational session at the Chamber office on May 17th. There is no cost to attend.
SBIF Grant Info Session
Thursday, May 17th
Northcenter Chamber, 4054 N. Lincoln
6 - 7 p.m.
Western Avenue SBIF Info Session
Date and Time
Thursday May 17, 2018
6:00 PM - 7:00 PM CDT
6-7 p.m.
Location
Northcenter Chamber Office, 4054 N. Lincoln
