Commercial Revitalization Grant / Sugar Land, TX

Summary

The Commercial Revitalization Grant Program (the “Program”) is a reimbursement grant program offered by the Sugar Land 4B Corporation (“SL4B”) intended to promote new or expanded business enterprises by stimulating redevelopment, reinvestment, and aesthetic improvements of aging retail properties and commercial centers in the City of Sugar Land (the “City”). This pilot program will support the creation of distinct and vibrant activity centers by promoting attractive and welcoming public spaces, renovated storefronts and building facades, and pedestrian-friendly settings.

Grant Details

A reimbursement grant is available for up to 20% of eligible project costs. Minimum investment and grant funding amounts will be determined on a project-by-project basis and will be negotiated with the applicant as part of a performance agreement. The Program will disburse grant funding according to the terms of the performance agreement. Grant funding will be determined based on funding availability.

Approved applicants are required to complete their project and submit all required reimbursement paperwork to be reimbursed for the grant award amount.