Sodd-Daisy Façade Improvement Grant
Sodd-Daisy Façade Improvement Grant
City of Soddy-Daisy
ABOUT THE GRANT
The Soddy-Daisy Business Façade Improvement Grant provides small businesses in Soddy-Daisy, Tennessee with 50/50 matching reimbursement grants of up to $10,000 per project to fund improvements to the appearance, accessibility, and functionality of commercial buildings. Administered by the City of Soddy-Daisy, the program is designed to attract customers and potential tenants, encourage reinvestment, and strengthen the city's commercial corridors. The city allocates $50,000 in total funding to the program each fiscal year, and projects are accepted and approved on a first-come, first-served basis until all available funds are allocated. Businesses may receive funding for one project per funding cycle, and applicants are typically notified of a funding decision within two weeks of submission.
Eligible improvements include masonry work (such as exterior brick or wall repair), window and door repair or replacement, painting and siding, cornice repair or replacement, storefront enhancements, aesthetic detailing, new construction that expands an existing structure, new landscaping, outdoor seating areas, awnings and canopies, visible roof façade improvements, lighting enhancements, ADA accessibility improvements, architectural façade renovations and design fees, engineering and design services, access control and parking renovations tied to code compliance, and new signage. Interior-only renovations, general maintenance projects (such as HVAC, plumbing, electrical work, roof leaks, or rotten boards), routine landscaping maintenance, temporary signage, staff salaries, insurance-covered repairs, and work completed before grant approval are not eligible.
To qualify, the property must be located within Soddy-Daisy city limits and zoned for commercial use, and both leased and owner-occupied businesses may apply (for leased businesses, the property owner must approve and sign the application and enter into the grant agreement directly with the City). Businesses and buildings must meet current building inspection and code compliance requirements at the time of application, all real property taxes must be paid in full, and the business must hold an active Soddy-Daisy business license. Industrial and residential properties, adult-oriented businesses, new construction on vacant lots, businesses operating from residential property, single business tenants within a multi-tenant building (with regard to façade work), and businesses or properties owned by City employees or officials are not eligible. Grants operate on a reimbursement basis: applicants must complete their approved project, pay all eligible costs, have the completed work reviewed and accepted by the City, and submit itemized receipts, canceled checks, and other required documentation before reimbursement is issued. Applicants must contribute an amount equal to the grant request (for example, a $10,000 grant request requires at least $10,000 in matching contribution for a total project cost of $20,000 or more), and volunteer labor and "sweat equity" cannot be counted toward the match.
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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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