Residential Incentive Grant

RIG-Residential Investment Grant

Downtown Residential Incentive Grant Application Checklist
 
 
 
The following items must be put forward in order for City of Monroe to make an appropriate decision on an application.
 
Incentive funds are not “as of right”, that is, they are not automatically provided to eligible retail or restaurant businesses which purchase or lease eligible properties. Applications are required and they are reviewed on a case-by-case basis by City of Monroe.
 
 
 
o   Complete Application-Any incomplete application submitted will not be considered
 
o   Color photographs of existing conditions of proposed improvement area

o   Samples of paint and wall coverings and floor coverings

o   Description of appliances, light fixtures, etc. to be installed

o   Written specifications outlining scope of work

o   Drawings of proposed renovations

o   Contractors estimate and NC License Number

o   Must be a property owner of a building within the Central Business District of the City of Monroe

o   Grant portion of the project must be for the interior renovation of an existing building only

o   The proposed project must meet all applicable zoning requirements

o   All required permits (i.e. zoning, building, etc) must have been obtained

o   The proposed project follows the guidelines for renovation of historic structures or structures within historic districts as outlined herein

o   Approval of applications must occur prior to the commencement of any work. Grant applications shall be reviewed by City staff, Finance Committee, and City Council for approval

 

 Follow the link to download the full RIG application.

Remember that any submission of an incomplete application will not be considered



for visitors

SHOP, DINE & EXPLORE Historic Downtown Monroe! Check us out on Facebook  and Twitter and stay in the know of what's going on in Downtown Monroe!

 

          

for residents

Don't Forget about your Downtown!  Shop Locally to help fuel your local economy  to improve your neighborhoods and your local shopping venues.

Check us out regularly on our NEW facebook page at Downtown Monroe Events Page to see what great events we are bringing to Downtown Monroe!

"Meet Me Downtown... Where the people make the place!"

for business'

The North Carolina Capital Access Program (NC-CAP) will work with banks and other eligible financial institutions to create capital opportunities for entrepreneurs who might not otherwise qualify for financing.

Business Link North Carolina also provides an access point to services and other offerings provided by state-supported agencies.
 
Please take advantage of these opportunities if you are looking to start a business.
 
The City of Monroe also has incentives that we offer to qualifying business owners. 
Please research our site to see if you qualify.

 

for investors

Looking  for investment opportunity?  Downtown Monroe has an array of beautiful Historic Buildings for sale and/or lease.  Take a look at some of the properties that we have listed, and call for incentive questions TODAY!