Gravenhurst Approves $78,000 in Community Improvement Grants
On Tuesday Gravenhurst Town Council approved $78,493 in Community Improvement Plan (CIP) grants for downtown property improvements. This year the CIP Review Committee received 22 applications for projects that were eligible for grants in excess of $156,000. The Review Committee recommended funding allocations to 16 property improvement projects that have an estimated value of over $798,316.00.
Mayor Paisley Donaldson says “The CIP program has continued to be a way for our Council to invest in downtown revitalization. It is easy to see the difference in the downtown each year as a result of the funds set aside.”
The program which has been in place since 2013 has allowed local property and business owners to apply for financial assistance to improve the physical appearance of their buildings, The CIP program has been able to facilitate more than $2 million in improvement projects.