Downtown Revitalization Program Grant
Purpose
The Downtown Revitalization Program (DRP) is part of the City of Tyler’s goal to encourage economic development. The primary goal of the DRP is to increase the occupancy of the City’s downtown. The secondary goals of the program are 1) to address safety issues; 2) to improve the downtown aesthetics and building facades; 3) and extend the life-cycle of existing historic buildings by implementing appropriate design standards for the rehabilitation of historic properties.
Advantages
Through a partnership with the City of Tyler, the DRP allows businesses and downtown property owners to make needed building improvements at a reduced cost. With a reimbursement grant for up to 50% of the total project costs, not exceeding $10,000. Involvement in the program may help to increase private lender interest by improving project cash flow and reducing risk.
Eligible Area
The Downtown Business, Arts and Cultural District, or “DBAC,” of Tyler is bounded by Gentry Parkway to the north, Front Street to the south, Palace Avenue to the west, and Beckham Street to the east. Refer to the attached map.
Timeline
2024 Application deadline: October 9, 2024
Email the completed application to MainStreet@tylertexas.com