| Retail Grant | https://www.investinphoenix.com/grow-expand/state-local-programs/retail-grant | Retail Grant | Breathe new life into your vacant Phoenix property with up to $250,000 in renovation funds from the city's timely recovery program. This aid can transform struggling spaces into vibrant hubs and uplift our neighborhoods. | <div class="ExternalClassFD84757810D44A13BB5B0B2BBD520F67"><h1></h1><h1 style="text-align:left;">Vacant Storefront Improvement </h1><h1 style="text-align:left;">Assistance Program</h1><p></p><p style="text-align:left;"><span>The Vacant Storefront Improvement Assistance Program seeks to assist challenged retail/commercial properties in the City of Phoenix by providing financial assistance for public infrastructure improvements (Improvements) to support the recovery and occupancy of vacant retail properties. The program further intends to ensure that retail building owners remain competitive while revitalizing and beautifying the surrounding community. Building owners may apply for up to $250,000 of assistance. This is program is funded through the Coronavirus State and Local Fiscal Recovery Fund program (SLFRF) as authorized by the American Rescue Plan Act of 2021 (ARPA).</span></p><p><strong> </strong></p><h2>Eligibility <br></h2><p>Owners of existing retail or commercial building owners located in the City of Phoenix who were impacted by the COVID-19 pandemic and meet one or more of the following eligibility criteria may qualify for the Program:</p><ul><li>25% revenue loss or 10% vacancy increase when comparing 2019 to 2020 and 2021; or</li><li>Located in or immediately adjacent to a <a href="https://www.huduser.gov/portal/sadda/sadda_qct.html">Qualified Census Tract (QCT)</a>; or</li><li>Are an adaptive reuse development opportunity created by the pandemic.</li></ul><h2><br></h2><h2>Application Requirements <br></h2><p></p><p>Explanation of the impact the COVID-19 Pandemic had to the project:</p><ul><li>Explain how the pandemic caused vacancy and/or stalled development/redevelopment and occupancy</li></ul><p>Project description and description of the public infrastructure improvement needs delaying or preventing development and occupancy of an existing building and overall site.</p><p>Examples of potential public infrastructure items include:</p><ul><li>Sidewalk/street installation and/or repairs</li><li>Street/traffic lights</li><li>Place making signage</li><li>Landscape enhancements/improvements in the right-of-way</li><li>Median installation</li><li>Bus shelter enhancements/improvements</li><li>Water/sewer line installation and/or extension</li><li>Public art installation</li><li>A copy of W-9 and 1099 Disclosure must be included with the application</li><li>Approved applicant entity must be registered within the State of Arizona and must be in good standing with the Arizona Corporation Commission. A copy of the entity's current status must be attached to the application.</li></ul><h2></h2><h2>Application Review / Approval<br></h2><ul><li>An evaluation panel comprised of City staff will review each application for eligibility and provide a recommendation for approval or denial.</li><li>The panel will consider costs, location, historic nature of the property, and community benefit.</li><li>Each approved applicant will enter a grant agreement with the City to outline the terms and conditions of awarded funds.</li><li>Each approved applicant will be required to register with www.SAM.gov to obtain a Unique Entity Identification (UEI) number and submit that number to the City prior to being issued a grant agreement.</li><li>Applications will be funded at sole discretion of City of Phoenix<br><br></li></ul><h2>Contract Requirements <br></h2><p>The Improvements will either be scheduled for completion by the City's Street Transportation Department (Streets), or other appropriate department(s) or approved applicant may be approved to complete the Improvements directly. Any Improvements completed by an approved applicant must be in compliance with Planning and Development, Streets and other associated department's standards, and Arizona Revised Statutes Title 34. Performance and timeline indicators will be included in each grant agreement to ensure compliance with ARPA Final Rule. <br><br></p><p>For more information regarding the Final Rule, please visit: <a href="https://www.govinfo.gov/content/pkg/FR-2022-01-27/pdf/2022-00292.pdf">https://www.govinfo.gov/content/pkg/FR-2022-01-27/pdf/2022-00292.pdf</a> <br><br></p><p>An overview of the Final Rules can be found at: <a href="https://home.treasury.gov/system/files/136/SLFRF-Final-Rule-Overview.pdf">https://home.treasury.gov/system/files/136/SLFRF-Final-Rule-Overview.pdf</a><br><br></p><p>For more information regarding the SLFRF program please visit: <a href="https://home.treasury.gov/policy-issues/coronavirus/assistance-for-state-local-and-tribal-governments/state-and-local-fiscal-recovery-funds">https://home.treasury.gov/policy-issues/coronavirus/assistance-for-state-local-and-tribal-governments/state-and-local-fiscal-recovery-funds</a> <br><br></p><p>For more information regarding the American Rescue Plan Act of 2021, please visit: <a href="https://www.whitehouse.gov/american-rescue-plan/">https://www.whitehouse.gov/american-rescue-plan/</a></p><p> </p><h2>Reporting and Invoicing </h2><ul><li>Upon grant agreement execution:</li><ul><li>Grant recipient will submit a detailed invoice with back-up documentation for reimbursement to be processed once all Improvements are completed and accepted by the City.</li><li>Grant recipient will provide current project vacancy numbers and a list of current tenants</li><ul><li>If project has multiple suites, an updated list will be provided as vacant suites are leased. </li></ul></ul></ul><p> </p><p>For questions regarding the Vacant Storefront Improvement Assistance Program contact:<br><br></p><p style="text-align:left;">Karla Scott or Abby Garcia</p><p style="text-align:left;">(602) 534-7511 or (602) 261-8013</p><p style="text-align:left;"><a href="mailto:vacantstorefront@phoenix.gov">vacantstorefront@phoenix.gov</a><br><br></p><p><strong>Applications may be submitted via email at:</strong> <strong> </strong><a href="mailto:vacantstorefront@phoenix.gov"><strong>vacantstorefront@phoenix.gov</strong></a><br><br></p><p><strong>Applications may also be mailed to:</strong></p><p style="text-align:left;">City of Phoenix Community and Economic Development Department</p><p style="text-align:left;">Vacant Storefront Improvement Assistance Program</p><p style="text-align:left;">200 W. Washington St., 20<sup>th</sup> Floor</p><p style="text-align:left;">Phoenix, Arizona 85003</p><p style="text-align:center;"> </p><p><strong>Applications will be accepted until 5:00pm (local Phoenix time), Friday, December 22, 2023 or until all grant funds have been awarded. </strong> </p><p>Further program details and applications may be found at <a href="http://www.investinphoenix.com/grow-expand/state-local-programs">www.investinphoenix.com/grow-expand/state-local-programs</a><br></p></div> | https://www.investinphoenix.com/images/StorefrontGrantBanner.jpg | https://www.investinphoenix.com/images/WarehouseDistrict.jpg | retail-grant | Retail Grant | State ＆ Local Business Programs | grow-expand/state-local-programs/retail-grant |
