Invest DSM Commercial Grant
Invest DSM Commercial Grant
Invest DSM
ABOUT THE GRANT
The Invest DSM Commercial Grant Program provides Des Moines commercial property owners and small businesses with matching grants of up to $50,000 to fund deferred maintenance, repairs, code compliance upgrades, and facade improvements. Administered by Invest DSM, a nonprofit partnership between the City of Des Moines and Polk County focused on revitalizing select Des Moines neighborhoods, the program is available to property owners and business owners (whether they own or lease their space) located within one of Invest DSM's designated Special Investment Districts.
The grant operates as a dollar-for-dollar match covering half of project expenses up to $50,000 per retail bay, with an additional matching grant of up to $10,000 available to cover pre-development costs such as architectural drawings, project feasibility studies, environmental studies, and interior or window display design assistance. For external aesthetic improvements like signage, window displays, and facade work, applicants who collaborate with one of Invest DSM's artists on a custom design can receive 70 percent of those costs covered. Eligible uses include facade, signage, and awning updates, roof, window, and door replacement or repair, major systems and code compliance upgrades, public art such as murals, exterior site improvements like patios, concrete work, landscaping, and parking lot repaving, and energy-efficiency upgrades including solar and wind installation. Applicants must be current on all municipal and county dues, fees, and taxes. In addition to grant funds, recipients also receive one-on-one consultation, advice, and technical support from Invest DSM specialists throughout the entire project.
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NOTES
We haven't added commentary on this grant yet. In the meantime, the fundor's website (linkeded above) is the best source for application details and eligibility specifics.
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