ALEXANDER COUNTY, NC – The Board of Directors of the Alexander County Economic Development Corporation (EDC) is offering a Building Improvement Grant (BIG) to help improve the exterior appearance of retail businesses in the county. Annually, the EDC plans to offer a maximum of four grants of $2,500 each to qualified building owners or tenants.
“We believe the Building Improvement Grant program provides a kick start for a retail store to beautify their building which will hopefully increase their business,” said Doug Caudle, Chairman of the Alexander County EDC. “Not only does this grant help the businesses, but it also helps improve the appearance of the county itself. We hope that local retail business owners will take advantage of this grant program to enhance their storefronts.”
The Building Improvement Grant (BIG) program is designed to provide an economic incentive to properly renovate or restore buildings intended for retail business in Alexander County.
ABOUT THE GRANT
Annually, the EDC will offer a maximum of four (4) grants of $2,500 each to qualified building owners or tenants, at the EDC Board’s discretion. A business is only eligible for one (1) grant per year. Businesses that qualify for the NC Commerce Building Reuse Grant are not eligible for this grant program.
Examples of building improvements that are eligible for the grant would include: general renovation, windows, doors, painting, awnings, exterior walls, signage, paving, etc.
Businesses located OUTSIDE the Town of Taylorsville:
The EDC’s Building Improvement Grant for businesses located outside the town limits of Taylorsville is a 50% reimbursement of expenses with a maximum grant of $2,500 per application. For example, if an owner or tenant spends $5,000 on their building, they would be eligible for a $2,500 grant. This is a competitive grant program, with applications to be approved by the EDC Board of Directors.
Businesses located INSIDE the Town of Taylorsville:
The EDC’s Building Improvement Grant for businesses located inside the town limits of Taylorsville is a 25% reimbursement of expenses with a maximum grant of $2,500 per application. The Town of Taylorsville may also provide a 25% reimbursement with a maximum grant of $2,500 per application. For example, if an owner or tenant spends $5,000 on their building, they would be eligible to receive $1,250 from the EDC and $1,250 from the Town. This is a competitive grant program, with applications to be approved by the EDC Board and the Taylorsville Town Board.
To be eligible for the EDC grant, the retail business must be located within the boundaries of Alexander County. To be eligible for the Town of Taylorsville grant, the business must be located within the town limits. If the applicant is not the building owner, the tenant must have the owner’s written permission to do the improvements attached to the application. Applicant and/or property owner must not be delinquent on any local taxes owed to the county or town.
Once the application has been received by the EDC, work may begin on the project; however, there is no guarantee of funds until board(s) approval. Upon completion of the project, before and after photos, invoices, and canceled checks/proof of payment must be submitted to the EDC before receiving any grant funds. Once applications are approved, all documentation must be received within one (1) year of grant approval to receive the grant funds or the grant will be nullified.
The application is AVAILABLE ONLINE, or visit the Alexander County EDC office at 119 NC Hwy. 16 North (Suite A) to pick up a paper copy. Applications may be dropped off at the EDC office, or mailed to: Alexander County EDC, Attn: Gary Herman, 621 Liledoun Road, Taylorsville, NC 28681.
For more information, contact Gary Herman at the Alexander County Economic Development Corporation at (828) 632-1378 or email@example.com.
Members of the Alexander County Economic Development Corporation Board of Directors include: Doug Caudle, Chairman; Rick French, Vice-Chairman/County Manager; Andrew Jackson, Secretary; David Icenhour, Treasurer/Executive Director; Ryan Mayberry, Commissioner; Tim Holder; Del Starnes; and Linda Graham.