The Vibrancy Initiative is designed to enhance the city’s vitality by supporting revitalization efforts that will create jobs, reduce blight, and preserve and improve structures in our community.
Facade Improvement Grant
The Facade Improvement Grant (FIG) program helps property owners transform the facade of commercial, industrial, and mixed-use buildings. The grant reimburses 50% of eligible expenses incurred during a comprehensive facade improvement. A facade is defined as the principal face(s) of a building that is on a public street. The minimum reimbursement is $10,000 and the maximum is $40,000.
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White Box Grant
The White Box Grant is designed to incentivize property owners to bring vacant commercial first-floor spaces up to current codes to create a functional "white box" space ready for customization and occupancy by a business. The grant reimburses 70% of the eligible interior renovation expenses required to meet current state and local building code, fire safety code, and accessibility requirements. The minimum reimbursement is $25,000 and the maximum is $75,000.
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Community Reinvestment Area
The Community Reinvestment Area (CRA) program provides property tax abatement for new construction or for the rehabilitation of residential, commercial or industrial structures within pre-designated areas. The City of Toledo’s CRA program works to promote investment to properties located within neighborhoods that have experienced decline as a result of disinvestment.
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