The project must be for at least one building, but no more than two. For two buildings to be considered part of the same project, the buildings must be continuous and under common ownership. Property owners must provide financial match towards the project, but there is no minimum requirement. If a grant application is submitted, the city will negotiate to also provide financial support for the project. City support may be in-kind (e.g. building permit fees waived), incentives (e.g. future tax abatement or rebates, grants) or may be in the form of low interest loans. Community Catalyst grants funds may be used for cost directly related to the expenditures incurred in acquisition, redevelopment or rehabilitation of a property. Examples of these types of costs include site preparation; surveying; construction materials and labor; architectural and engineering services; building permit and inspection fees; and interest accrued on a construction loan during the time of the project.
