(PRESS RELEASE)
New Iberia Main Street Program is soliciting Main Street Restoration Grant (RIG) applications from downtown commercial building and/or business owners. The Louisiana Main Street program will offer grants that may range from $2,500 to $10,000. This grant requires a dollar-for-dollar monetary match toward hard costs. Grant funds are limited to actual construction/restoration hard costs only. If approved, payment will be upon completion
of the work described in the scope of work.
All applications received will compete statewide for funding with other Main Street communities. Over the years, New Iberia Main Street has received nearly $135,000 in redevelopment grant funds from the Louisiana Main Street program, initiating $41 million in local projects costs plus associated jobs and economic stimulation.
To be eligible for Main Street Restoration Grant funds, a building must be located within the downtown Main Street district, used for commercial purposes, and be at least 50 years old. In addition, the local Historic District Commission, and the Louisiana Main Street office must approve the proposed work, while also conforming to the guidelines set forth by the Secretary of the Interior Standards for Rehabilitation.
RIG Grant applications must be completed and turned into the New Iberia Main Street office by noon on Wednesday, June 19, 2019; then the New Iberia Historic District Commission will meet on Monday, June 24, 2019, at 5:30 pm in City Hall to review the applications for eligibility compliance, then forward to the state office prior to June 28th. All work must be completed by Tuesday, April 30, 2020, to be eligible for reimbursement.
The Main Street Restoration Grant applications, details and deadlines are available by contacting Jane Braud, C.M.S.M. – New Iberia Main Street Program, 457 East Main St., Suite 404, New Iberia, LA. 70560 at braud@cityofnewiberia.com or calling 337-369-2330 and leaving a message.
