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New Leasehold Improvement Grant Program Applications Available

August 28th, 2018 by WCBC Radio

The City of Cumberland’s Department of Community Development will hold a workshop on September 26, 2018 at 2:00 pm. in the City Hall Conference Room in the second floor of City Hall in order to answer questions regarding the new round Leasehold Improvement Grant Program.  The application is now available.  Applications can be accessed on the City of Cumberland’s website at www.ci.cumberland.md.us or in person in the Department of Community Development in the lower level of City Hall during regular business hours between 8:00 am to 4:00 pm.

 

This program is funded through the State of Maryland’s Community Legacy Program and is designed to assist new lessees of commercial space or existing lessees within Cumberland’s zoned Central Business District who plan to increase their amount of leased space.  Funds will be awarded through a competitive process.  The maximum grant funding for any one property is $15,000.  It is possible that not everyone who applies will be awarded funds.  Lessees who are interested in applying for this funding are highly encouraged to attend the September 26th informational meeting.

Community Legacy, a part of the Sustainable Communities Program, is an on-going program that provided nearly $6 million in funding for projects throughout the state of Maryland in 2017-2018 for financial assistance to help existing communities implement comprehensive revitalization plans by providing funding to communities to target projects that will assist with reversing disinvestment trends, reducing sprawl, and enhancing community life for businesses and residents. Since 2001, the City of Cumberland has been awarded over $4.5 million dollars from the Community Legacy Program. 

Applications for the Leasehold Improvement Grant Program must be submitted to the City of Cumberland’s Department of Community Development no later than noon on Friday, November 16, 2018. 

Contact: Kathy McKenney, Department of Community Development, City of Cumberland, 57 North Liberty Street, Cumberland, MD 21502, 301-759-6431, 301-759-6432 (fax), kathy.mckenney@cumberlandmd.gov

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