Mayor Mike Duggan and Detroit Economic Growth Corp. today announced Motor City Re-Store, a multimillion dollar initiative to stabilize and improve the appearance of the city’s commercial corridors. The program will provide up to $500,000 in matching grants to existing businesses every three months for façade, landscaping, and parking lot improvements.
Motor City Re-Store is a companion program to Motor City Match, which awards $500,000 every quarter to startups and businesses expanding to new locations.
“The small neighborhood businesses that have hung in there over the years and have sustained our city are part of Detroit’s revitalization. That’s why we created Motor City Re-Store,” says Duggan. “This is how we are going to bring our city back, by supporting our existing businesses and residents as we welcome new ones to our neighborhoods.”
Motor City Re-Store aims to make neighborhood business districts in Detroit more walkable, attractive, and viable. Matching grants for design and architectural services for exterior improvement are also available.
The program is supported by a combination of Community Development Block Grant funds and other sources. The DEGC has stewardship of the public funds, and has approved funding to develop the program.
Applications for the program will be accepted starting tomorrow and can be found here. The first awards will be announced in the fall.