FEBRUARY 1, 2010
Applications Available for New York Main Street Program for Façade Improvements and Revitalization of Residential and Commercial Units
The Cambridge Valley Community Development and Preservation Partnership is pleased to announce that grant funds are still available under the New York Main Street Program Grant from the NYS Housing Trust Fund Corporation. Funds will enable building owners to stimulate reinvestment in mixed-use commercial/civic and residential “main street’ buildings located in the eastern and central commercial nodes within the Village of Cambridge under the 2008 New York Main Street Program. Applications for the New York Main Street grant program are available at the Village of Cambridge Offices at 58 South Park Street or by visiting the Cambridge Valley Chamber of Commerce’s website: www.cambridgenychamber.com. A meeting for building owners interested in the program will be held on Thursday, February 11th at 7:30 PM in the Beacon Feed Building (first and largest mustard yellow freight structure in the Freight Yard).
Two broad categories of Building Renovation Grants are available to building owners and will be awarded on a competitive basis:
(1) Façade Renovation: Individual grants for façade improvements will be awarded up to $10,000 providing a 50/50 (or dollar for dollar) matchthat is, 50% of the cost of renovation is to be borne by the building owner and 50% by the grant program. Façade grants will be awarded for façade renovation to preserve or restore original architectural elements, thereby maintaining and enhancing the existing character of the historic streetscape; and/or reduce blight or improve modern storefronts, following recommendations included in the Village's Design Guidelines to make them architecturally more attractive and enhance the vitality of the commercial areas.
(2) Interior Building Renovation: Grants will be awarded for interior building renovations that lead to the rehabilitation of a specific commercial or residential units. The grants will be awarded to mixed-use buildings to renovate a specific commercial units on the first floor and/or a residential unit above. Individual grants will be awarded up to $50,000 providing a 50/50 match--that is, 50% of the cost of renovation to be borne by the building owner and 50% by the grant program. An additional grant is also reserved to rehabilitate a civic structure.
Funding can be used to address immediate health and safety concerns, code compliance, energy conservation, and Americans with Disabilities Act (ADA) issues.
Applications will be due Friday, February 19th by 1:00 PM. Awards will be announced by the first week of March. Projects must be complete by August 2010.
More specifically, buildings eligible for NYMS support along Main Street in the central commercial node are located between Washington/Grove Street down to Memorial Drive including the north and tentatively the south side of the street, and buildings within the eastern commercial node 46-50 East Main (on the SE corner of Park & Main) jogging diagonally over to 81 East Main along the north side of Main Street to 51 East Main Street on the North side and then crossing the street to incorporate 32 East Main as well as 53 West Main Street. Owners of buildings in these target areas are eligible to apply for support. Questions can be directed to Sarah Ashton at (518) 677-3555 or by email at email@example.com.