Mainstreet Cleveland Announces Property Enhancement Grant Awards
Mainstreet Cleveland announced Friday award recipients for the Mainstreet Cleveland Property Enhancement Grant program . Ten properties in downtown Cleveland were selected to receive grants totaling $54,953. Based on the investments of these 10 projects, a total of more than $240,000 will be reinvested into downtown properties. The Mainstreet Cleveland Property Enhancement Grant was formed to encourage building owners and tenants to invest in properties located within the Mainstreet Cleveland footprint by financially assisting with building needs that serve an appropriate public purpose and benefit. Positive building appearance has been proven to increase property values , improve the marketability of space within the building and attract new businesses, residents and visitors to an area, said officials. This decision was a difficult one for the grant selection committee , 24 quality applications were submitted. In fact, the projects were so impressive that the Mainstre...