FULTON, N.Y. — Small businesses in the city of Fulton can apply for funding for projects to “enhance and strengthen” the city’s downtown area.
The City of Fulton Community Development Agency (FCDA) says small businesses can apply for up to up to $100,000 and FCDA is accepting applications through Oct. 3, the agency said in a Monday announcement.
The $750,000 available for these grants are part of Fulton’s award in the state’s Downtown Revitalization Initiative (DRI).
The types of improvements can include new signs and awnings, building renovations, technical assistance, and projects related to dealing with the COVID-19 pandemic.
“I am beyond thrilled to announce this program,” Fulton Mayor Deana Michaels said. “These improvements in our downtown and along the DRI area will be transformational. Both Fultonians and those visiting our city will see the bright, new improvements and feel the pride we all have in enhancing our city’s positive vibe.”
An information session for business owners interested in applying for these funds will be held at 6 p.m. on June 14 at the Fulton War Memorial, Sarah Farley, FCDA executive director, said.
“In addition, interested business owners can contact the FCDA to schedule a free consultation for application assistance with our economic-development team,” Farley added. “We want to make the application process as smooth as possible.”
DRI project timeline
Once all applications are received, FCDA anticipates a timeline process that will include the following elements:
- Mid-October: review committee meets
- 1: Selecting and recommending projects to New York State Homes and Community Renewal and then announcing grant awards.
- 1: proceeding with grant awards and finalized projects
- During winter and spring 2023: conducting required environmental review
- Between January and April 2023: continuing final design, project bidding, permitting, and site-plan review
- May 1, 2023: beginning construction
- July 1, 2024: completing all projects
Contact the FCDA at www.fultoncda.com/contact or (315) 593-7166.