The DIP Façade Program focuses on improving the exterior of existing buildings and constructing new commercial buildings.
The DIP Façade Program has two levels of funding:
Mini Grants (up to $3,499 per award) – requires $2 applicant funds for every $1 grant funds. SDI has a maximum of $14,250 to award in 2012.
Forgivable Loans (up to $15,000 per award) – requires $1.50 applicant funds for every $1 loan funds. SDI has a maximum of $33,250 to award in 2012.
Any Lee District property owners and/or tenants of structures located within the Lee District, who are in good standing (Lee District Service Fees current), may apply for DIP funds. Priority will be given to Lee District members. However, non-profit Salina Downtown, Inc. partner businesses whose principal location lies within the Lee District boundary are also eligible to apply for DIP funds. The building’s eligibility is renewed annually.
Applications are accepted quarterly as follows:
Application Due Dates Award Notification Dates
February 15, 2013 March 1, 2013
May 15, 2013 June 3, 2013
August 15, 2013 September 2, 2013
November 15, 2013 December 2, 2013