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As part of The Downtown & East Pine Street Corridor Revitalization Plan, an urban renewal plan for the City of Central Point, the City approved two storefront improvement programs designed to encourage the rehabilitation/restoration of commercial building facades within the Downtown Area (see map below).
Building Façade Loan Program
The Building Façade Loan Program (Loan Program) is a downtown revitalization incentive program designed to encourage the rehabilitation/restoration of building facades. Through the Loan Program loans between $1,000 and $10,000 are available tow owners of commercial buildings within the Loan Programs boundaries. The loan is a zero percent loan with a five year amortization period. Loans may be used for qualifying work, such as:
- Awnings (except plastic or metal),
- Exterior lighting;
- Replacement of historic features;
- Improvements to commercial street level storefronts, including painting and repair/replacement of storefront windows and doors; and
- Repainting.
Historic Building Façade Grant Program
The Historic Building Façade Grant Program (Grant Program) is a downtown revitalization incentive program designed to encourage the rehabilitation/restoration of commercial historic building facades within the Downtown Area (see map). The objective of the Historic Building Façade Grant Program is to encourage the preservation of commercial historic buildings, particularly along East Pine Street, that represent the history of the City of Central Point. The Grant Program provides $1,000 to $10,000 in grants for qualifying historic rehabilitation/restoration work. Qualifying work is similar to the Building Façade Loan Program, but limited to activities that focus on the historic rehabilitation/renovation of the storefront.