Legislation Details

File #: 26-1829A    Version: 1 Name:
Type: BRIEFING MEMORANDUM Status: Agenda Ready
File created: 5/18/2026 In control: Economic Development Committee
On agenda: 6/1/2026 Final action:
Title: Upcoming Agenda Item: Authorize (1) the establishment of a City Council District 5 Exterior Improvement Grant Program for Commercial Properties in accordance with the Program Statement (Exhibit A) for economic development grants of up to $100,000 to eligible small businesses in City Council District 5 to support building facade improvements and other exterior capital improvements to commercial properties in City Council District 5; (2) the recission of the pilot economic development program established by City Council Resolution No. 19-0948 on June 12, 2019, and as amended by City Council Resolution No. 20-1232 on August 26, 2020, specifically for Neighborhood Empowerment Zone No. 10 ("NEZ No. 10"), and (3) the reallocation of $950,000 from the NEZ No. 10 economic development program to the District 5 Exterior Improvement Grant Program for Commercial Properties [Heather Lepeska, Deputy Director, Office of Economic Development]
Attachments: 1. Memorandum
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Upcoming Agenda Item: Authorize (1) the establishment of a City Council District 5 Exterior Improvement Grant Program for Commercial Properties in accordance with the Program Statement (Exhibit A) for economic development grants of up to $100,000 to eligible small businesses in City Council District 5 to support building facade improvements and other exterior capital improvements to commercial properties in City Council District 5; (2) the recission of the pilot economic development program established by City Council Resolution No. 19-0948 on June 12, 2019, and as amended by City Council Resolution No. 20-1232 on August 26, 2020, specifically for Neighborhood Empowerment Zone No. 10 (“NEZ No. 10”), and (3) the reallocation of $950,000 from the NEZ No. 10 economic development program to the District 5 Exterior Improvement Grant Program for Commercial Properties [Heather Lepeska, Deputy Director, Office of Economic Development]