The City of Jamestown Department of Development is seeking applications for its American Rescue Plan Building & Property Infrastructure Improvement (BPII) Grant Program.
Donor Name: City of Jamestown Department of Development
State: New York
City: Jamestown
Type of Grant: Grant
Deadline: 06/30/2022
Size of the Grant: up to $200,000
Details:
The purpose of the Building and Property Infrastructure Improvement (BPII) program is to provide businesses with capital to assist with necessary improvements to buildings and properties that will directly impact operations by creating space, improving infrastructure, and repairing structural components which in turn will free up capital for businesses to invest in opportunities for long-term growth, job creation, and financial recovery from the COVID-19 response efforts.
Businesses may use this funding for essential building systems including roof repairs, elevator repairs, property renovations to improve traffic patterns, drainage solutions and repairs, and other repairs deemed necessary to support day-to-day operations.
Funding Information
- The BPII program funding is limited to $500,000.
- Eligible applicants may receive up to $200,000 for building improvements and property infrastructure repairs.
Eligible Businesses
Businesses must be in good standing with no litigation, as of March 30, 2022 which would have a material adverse effect on its financial condition. Businesses that have filed bankruptcy, or sought protection from creditors are not eligible for funding. Businesses that have received citations for a violation of federal, state, or local laws or regulations with respect to labor practices, hazardous wastes, environmental pollution or operating practices are not eligible for funding. There must be no outstanding judgements or liens pending against the business or its principals, other than liens in the normal course of business.
To be eligible, business owners must:
- Be current on all city, county, and school taxes.
- Be current on Board of Public Utility accounts.
- Be a for-profit business. Not-for-profits are not eligible for funding
- Businesses cannot be national chains.
Eligible Activities
Assistance may be used for the following:
- Roof repairs
- Elevator repairs
- Structural improvements
- Property renovations to improve traffic and pedestrian patterns
- Drainage solutions and repairs
- Other repairs deemed necessary to support day-to-day operations.
For more information, visit BPII.