Redstone Federal, South Huntsville Business Main Announce Business Facade Grants

South Huntsville is about to undergo a facelift.

Or, rather, a façade lift.

Business owners in South Huntsville will be able to apply for money to improve/update their storefronts through the Façade Improvement Grant Program.

The program, sponsored by Redstone Federal Credit Union, was announced Monday by the South Huntsville Main Business Association.

“With the generous contribution of Redstone Federal Credit Union, we are proud to be able to provide this innovative approach to improving the aesthetics of our district,’’ said Bekah Schmidt, executive director of the South Huntsville Main Business Association. “Façade Improvement Grants have had great success in other Main Street communities, such as Birmingham and Gadsden.

“We look forward to seeing the impact this new Façade Improvement Grant Program has on our district.”

The program is designed to promote the improvement of commercial and multi-use properties in the South Huntsville Main district by helping property owners upgrade, rehabilitate, and preserve the façades of eligible structures in the South Huntsville Main district.

The program aims to make revitalization efforts affordable by providing one-third of matching grant funds up to $5,000. Qualifying applications must identify the source of the additional funds required to complete the project within a calendar year of the award date.

After surveying its business owners, the South Huntsville Main Business Association found that most of the South Huntsville building stock was built before 1980. The market study also indicated that both the consumers and b

Redstone is excited about this opportunity to serve small businesses, said John Cook, the credit union’s vice president of lending.

“Redstone is committed to walking alongside the area’s small businesses owners to provide the resources they need to not only survive, but to thrive and grow,’’ said Cook. “That’s why Redstone is excited to partner with the South Huntsville Main Business Association in supporting the Facade Improvement Grant Program.’’

Façade Improvement Grants are provided to owners who apply, and are selected, in recognition of the positive impacts that individual building improvements can have on overall appearance, quality, growth, and vitality of the district.

Additional benefits of the Façade Improvement Grant Program include:

  • Encouraging new private investment the South Huntsville Main District in the form of fixed asset contributions related to exterior building improvements;
  • Preserving, enhancing, and restoring the historical and architectural significance of buildings in South Huntsville;
  • Perpetuating a positive and proactive business climate in South Huntsville that encourages the revitalization of buildings and supports business improvement.

Interested business and property owners inside the South Huntsville Main district are invited to attend the Façade Improvement Grant Workshop on Sept. 23, at 3 p.m. at the Huntsville Hub. The deadline to apply for the grant allocation is Oct. 15, 2019.

More information, including the application and grant requirements can be found at shba.biz.