CORAL SPRINGS, FL – If you look around Coral Springs, you’ll see plenty of buildings in need of repair work.
This week, city officials launched a new pilot program to improve some of them.
The 12-month initiative, funded with up to $150,000 in city funds, will “address functionally obsolete buildings” to “encourage investment within the city,” according to officials and a news release.
The program offers two kinds of grants:
1) Businesses will get fee assistance for building permit and inspection fees, water and sewer connection feeds, water and sewer impact fees, and planning and zoning fees, the release said. They’ll be able to get reimbursements of up to 50 percent of total eligible fees paid up to a maximum of $50,000.
2) Business and property owners will get assistance to rehabilitate, renovate or improve their office, retail, manufacturing, or industrial properties, the release said. New construction is not eligible. They’ll be able to seek reimbursement of up to 50 percent of total eligible costs associated with comprehensive fixed capital improvements to the exterior of the property up to $50,000 per project.
Kristi Bartlett, the city’s economic development director, said projects under both grants will be reviewed internally and approved by city commissioners. They will be reviewed as they come in, Bartlett said in explaining how many projects will be considered.
“It’s imperative for cities to offer programs that incentivize development and redevelopment opportunities because it’s the only way to ensure the elimination of deteriorating infrastructures,” Bartlett said in the news release.
Learn more about the program here.
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