The City realizes that by incentivizing owners of commercial properties or the owners of small businesses to make improvements to their buildings, Milford will be a more competitive location for existing small businesses to stay and the City will be a place that additional businesses will be attracted to.
The City recognizes the value of actively working with property owners and businesses to reinvigorate different areas of the City by assisting business owners with façade improvements and the correction of code violations. The improvements lead to revitalized commercial areas, elimination of blight and enhanced livability of surrounding neighborhoods.
The City will be offering grants of 50% of a capital improvement project’s costs, up to $5,000. Commercial properties in historic, downtown Milford and the business corridors of Lila Avenue and Main Streets will be eligible.
With very few undeveloped, commercial properties and even fewer opportunities to expand our boundaries, staff and City Council agree that it is critical to reinvigorate existing commercial properties. With that in mind, the City is exploring a few ways in which we can encourage the redevelopment or rehabilitation of underutilized, or underperforming sites.
A limited amount of funding will be available each year. For additional details about eligible projects or to obtain an application, please call City Hall at (513) 831-4192.