Commercial Facade Matching Grant
Having a cleaned-up ‘front door’ will create a more attractive environment and showcase the many amenities of Franklin, Indiana.
A revitalized historic downtown and improved designated commercial areas will
- attract new business, new residents and new visitors
- increase demand for retail space and housing in downtown Franklin and across the city
- boost residential and commercial property values
Let's Talk About Your Project
What to Know
- Grants shall be limited to no more than 50 percent of the total cost of eligible improvements.
- Grants shall not exceed $25,000 per 19 linear feet of publicly visible façade, up to a maximum of $50,000.
- Any projects totaling less than $1,000 are not eligible.
- Projects shall be completed within 9 months.
Integrated Economic Development Area Qualification
This program is limited to commercial structures located within these designated districts.
Commercial Facade Grant Application
Complete and submit your application to our office at Franklin City Hall.
Click here for the grant cycle application deadlines and the Loan Committee meeting dates.
Commercial Revolving Loan Fund
The Commercial Revolving Loan Fund (CRLF) program is similar to the Residential Revolving Loan Fund program but focuses on commercial properties.
This low-interest loan fund is designed to encourage business owners and commercial property owners to invest in commercial properties in Franklin’s historic downtown and within the Integrated Economic Development Area.
The improvement of these commercial properties will
- attract additional businesses to the downtown area
- encourage residents to purchase homes in the downtown area to be nearer to these businesses
- generate additional investment into properties throughout the city
What to Know
- The Commercial Revolving Loan Fund is intended to encourage investment in downtown commercial properties.
- Many of these property owners may not be able to get loan approval from traditional lending sources; therefore, this program is designed to fill in the gap.
- The FDC will not provide financing to borrowers who have no reasonable ability to repay the loan. It is not the FDC’s intent to cause a borrower to lose his/her property due to an improvement project.
- A prudent, but generous approach will be taken with respect to underwriting guidelines.
- Property owners are only eligible for one commercial loan at a time.
Integrated Economic Development Area Qualification
This program is limited to commercial structures located within these designated districts.
Commercial Revolving Loan Application
Complete and submit your application to our office at Franklin City Hall.
Click here for the grant cycle application deadlines and the Loan Committee meeting dates.
Contractor Information
See how you can find an Approved Contractor, become an Approved Contractor and view the Commercial and Residential Architectural Guidelines.
