Business 

Development Incentives

The DIP Facade Program focuses on improving the exterior of existing buildings and constructing new commercial buildings.

 

Funds:

The DIP Facade Program has two levels of funding.

 

1. Mini Grants

(up to $3,499 per award) – requires $2 applicant funds for every $1 grant funds. SDI will receive a maximum of $15,000 from the City of Salina to award in 2018.

 

2. Forgivable Loans

(up to $15,000 per award) – requires $1.50 applicant funds for every $1 loan funds. SDI will receive a maximum of $35,000 from the City of Salina to award in 2018.

 

2019 Guidelines and Application Form - Mini Grants (Word format)

2019 Guidelines and Application Form - Forgivable Loans (Word format)

 

Eligibility:

Any Salina Downtown Business Improvement District #1 (BID) property owners and/or tenants of structures located within the BID, who are in good standing (BID Service Fees current), may apply for DIP funds. Priority will be given to BID members. However, non-profit Salina Downtown, Inc. partner businesses whose principal location lies within the BID boundary are also eligible to apply for DIP funds. The building’s eligibility is renewed annually.

 

Applications are accepted quarterly as follows:

 

Application Due Dates

March 11, 2019

June10, 2019

September 9, 2019

December 9, 2019

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Award Notification Dates

March 18, 2019

June 17, 2019

September 16, 2019

December 16, 2019

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