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Grants & Funding

Grants & Funding

A top priority within the Ybor City Community Redevelopment Area (CRA) is the redevelopment and restoration of its many historic structures.


To assist in this effort, there are several grants and other funding opportunities available to property owners in Ybor City to help improve a wide range of business aspects for those within the Ybor City Historic District. 

 

Learn more about the various grants and funding available to properties within the Ybor City Historic District below.


**As of July 1, 2024, all commercial grants listed below have been standardized across all of Tampa’s community redevelopment areas.

Commercial Exterior Grant

The Commercial Exterior Grant can be used to enhance the appearance of commercial buildings or properties. 

The grant covers up to $75,000* with an owner funding match of 50 percent.   

*Award maximums vary by District.

Commercial Interior Grant

The Commercial Interior Grant can be used to enhance the interior of commercial buildings and properties.

The grant covers up to $75,000*, with an owner funding match of 50 percent.

*Award maximums vary by District.

Pre-Development Grant

The Pre-Development Grant can help commercial or business owners to reduce upfront development costs by providing fully-funded design and engineering services. 

Special Projects Grant

The Special Projects Grant is available for certain limited projects that meet the CRA goals and objectives but do not fall within the parameters of another CRA grant.

Legacy Credit

In addition to these grants, commercial property owners may be able to avoid large upfront cost with the passage of the new “Legacy Credit.” The credit works alongside the Commercial Exterior and Interior Grants. While those grants require a 50 percent owner match and are provided as a reimbursement, based on the length of ownership, Legacy Credit can reduce the match from 35 percent all the way down to zero.

Years of Property Ownership             Match Responsibility %)

Less than 4 (no Legacy Credit)            50% (1:1)
5                                                           35%
10                                                         25%
15                                                         15%
20 and more                                        0%

Property owners begin Legacy Credit eligibility at five years, but the greatest benefits are reserved for those with 20 years or more.

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To inquire further about any of these programs, click here to request CRA Consultation.

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