Coming Soon Commercial Facade Improvement Program

Coming Soon Commercial Facade Improvement Program
Posted on 03/07/2019
Coming Soon! Commercial Facade Improvement Program

COMING SOON:
CITY OF ROSEMEAD
COMMERCIAL FAÇADE IMPROVEMENT PROGRAM



HOW DOES THE PROGRAM WORK?

The Commercial Façade Improvement Program assists new and existing businesses improve their building’s façade by providing a forgivable no interest loan that is predicated on the creation of new jobs for low- to moderate-income persons. If the business hires one permanent full-time equivalent position for low- or moderate-income person for one-year, the $25,000 loan used to improve the building’s façade is forgiven and does not need to be paid back. The maximum assistance under the program is $50,000 for each business.

Examples of qualifying improvements:

• Storefront Restoration or Renovation
• New Exterior Paint
• Permanent Signage
• New Exterior Façade Treatments (stucco, brick veneer, awnings, etc.)
• New Exterior Lighting
• Mechanical Equipment Screening

The funds may only be used for physical exterior building improvements. Interior and underground improvements are not eligible. The funds may also not be used for business operations or non-qualifying expenses. 

HOW IS THE PROGRAM FUNDED?
Program activities are funded by the U.S. Department of Housing and Urban Development (HUD) Community Development Block Grant (CDBG). The funding allocation for this Program is based on annual allocations provided by HUD and approval by the City Council. 

HOW TO APPLY:
A program guide and application details will be available soon. For more information, please contact the Planning and Economic Development Division at (626) 569-2140.