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Retail Development Infrastructure Grants (RDIG)

Grants to Texas Businesses in Eligible
Areas to Improve Infrastructure

Agency Type:

Foundation / Corporation

Funding Source:

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McKinney Community Development Corporation (MCDC)

Deadline Date:

07/31/20

Description:

Request a Grant Writer

Grants of up to $25,000 to Texas businesses in eligible regions to improve the infrastructure of store locations. Applicants should contact program staff prior to submitting an application. Funding may be used for construction, contractor fees, and materials.

The Retail Development Infrastructure Grant Program (RDIG) was created to provide funding support for infrastructure improvements for landmark retail properties within the City of McKinney. For the purpose of this program, “landmark retail” is defined as buildings within the historic downtown area with boundaries that coincide with the “Cultural District” designation; retail redevelopment opportunities at locations that are viewed as gateways into the city (e.g. Highway 5 and Spur 399 – and other locations along Highway 5; Virginia Parkway and 75).

Retail Development Infrastructure grants must be well-planned with stated goals, objectives and evaluation measures that demonstrate a positive impact to the community.

Grants will fund infrastructure improvements that are exterior to a property, necessary to promote or develop new or expanded business enterprises, and include:

  • Sewer
  • Water
  • Electric Utilities
  • Gas Utilities
  • Drainage

A minimum of two bids to complete the work must be submitted with the application to demonstrate project costs.

GrantWatch ID#:

GrantWatch ID#: 184794

Estimated Total Program Funding:

$100,000

Estimated Size of Grant:

Up to $25,000

Term of Contract:

One year

Additional Eligibility Criteria:

Applicant must have been in business (preferably within the City of McKinney) for a minimum of two (2) years. Economic development projects may be excluded from this requirement.

The Applicant must own the land, building or facility where the proposed project will be located. If the Applicant does not own the land, written acknowledgment/ approval from the property owner must be included with the application. The letter must document the property owner is aware of the proposed use of the property or facility; and the property owner has reviewed the project plan and application, approves and supports the efforts of the Applicant.

Retail Development Infrastructure grants will not be awarded on a speculative basis. These will only be considered for a specifically disclosed retail business venture.

Pre-Application Information:

Timeline:
- Application deadline: July 31, 2020
- Presentation to MCDC Board: August 27, 2020
- Board Vote and Award notification: September 24, 2020

Please contact MCDC staff to discuss your proposed Project, Retail Development Infrastructure or Promotional / Community Event Grant application, secure additional information before submitting your grant application.

Grants require a match.

Preference may be given to applicants who have not received funding from MCDC within the previous 12-month period.

Grants Calendar: http://www.mckinneytexas.org/201/Goals

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Apply online: https://www.mckinneycdc.org/FormCenter/Grants-Awards-4/Grant-Request-Letter-of-Inquiry-46

Cindy Schneible, President
214-547-7654
cschneible@mckinneycdc.org

McKinney Community Development Corporation
5900 South Lake Forest Drive, Suite 110
McKinney, Texas 75070
info@mckinneycdc.org

URL for Full Text (RFP):

Geographic Focus:

USA: Texas: City of McKinney

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