A maximum of $10,000 per building may be awarded by the City to offset the actual pre-development costs incurred by Rehabilitation Loan Program participants.
Grants shall be awarded in accordance with the following guidelines:
Recipients must be participating in the City's Downtown Rehabilitation Loan Program; and
Reimbursement for architectural and engineering fees, feasibility studies, environmental assessments or other related soft costs, but not including owner/developer fees, incurred in the development of the project must be documented; and
Project plans must be approved by the Historic Preservation Commission;and
A determination must be made by the City that the project is substantially complete and satisfies the conditions set forth in the above described loan program; and
The grant does not exceed the lesser of ten percent (10%) of total project costs or fifty percent (50%) of the loan.
Exterior improvements and modifications are subject to design review by the City of Dubuque Historic Preservation Commission.
Grants will be approved by the City Council with the Downtown Rehab Loan.