Business > Economic Development
TIF District Facade
and Building Improvement
Grant Program
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download the application
Purpose
The purpose of the TIF District
Façade and Building Improvement Grant Program is to provide financial
assistance for the design and construction of façade improvements which
are in keeping with the Village Comprehensive Plan. The program is
also intended to provide financial assistance for capital improvement
projects completed in conjunction with a façade improvement project.
This program is a public/private partnership designed to provide
incentives and assistance to encourage building improvements that
preserve the character of the Village and that help create a human scale
and pedestrian-friendly atmosphere within the Village as well as address
factors that qualified the District as a “conservation area.”
Program Funding
The program is funded with revenues generated from the Village’s Tax
Increment Financing (TIF) District(s).
Eligibility Factors
Applicants may be the owner of an eligible building(s) or the owner
of a new or existing retail business within the District. (For the
purpose of this program, retail business shall include all retail uses
permitted under the zoning ordinance for the applicable zoning
district.) A retail tenant’s eligibility is subject to written consent
of the building owner for all proposed improvements. To be
eligible for consideration, a project must comply with the following
requirements:
The property must be in a TIF District.
The project must be for façade or signage renovation, restoration or
improvements.
Any capital improvement must be done in conjunction with an aesthetic improvement (see Terms below).
The project must meet all building code and zoning ordinance
requirements, including applicable design review.
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No financial support shall be given to a retail entity
initiating operations in the redevelopment project area
while terminating operations at another Illinois location
within ten miles of the redevelopment project area but
outside the Village, as provided in the Village’s TIF
Redevelopment Project and Plan.
Expenses Eligible for Grant Funding
The objective of the program is to encourage exterior
improvements that preserve and enhance the character of the
Village consistent with the concepts identified in the Village
Comprehensive Plan, and address factors that qualified the
District as a “conservation area.” As such, expenditures
relating to the following types of improvements and related
services are considered qualifying:
Design professional fees and Plan Commission process
fees
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Aesthetic and structural façade and signage
renovation/improvements
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Capital improvements, including, but not limited to: new
or replacement landscaping, parking lot
resurfacing/reconstruction, fire suppression system
upgrades, or grease trap installation. Other
improvements may be considered provided that all eligibility
factors and program terms are satisfied.
Selection Process
The Façade and Building Improvement Grant Selection Committee,
comprised of Village Staff, will review and evaluate all applications
for grant funding. The appearance review by the Plan Commission
shall be completed prior to the review of the grant request by the
Village Board. After the appearance review is completed, the
Selection Committee will make a recommendation for funding to the Board
of Trustees. The following criteria will be considered by the
Board in determining the final award amount for a particular grant
request:
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Projected impact on the value of the subject property,
especially with respect to the value of the particular
improvement for a future occupant of the unit or building.
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Extent to which the improvements are eligible for the
program.
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Condition of building façade and signage and need for
renovation.
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Extent to which proposed improvements address appearance
factors that qualified the TIF District as a “conservation
area.”
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Extent to which proposed improvements restore, maintain
or enhance the aesthetic character of the district.
Applications will be reviewed in the month following their
receipt (i.e. January applications will be reviewed in
February.)
Terms
The terms of the program are as follows:
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The improvements must be completed within twelve (12)
months from the date of the grant approval.
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Grants are issued in the form of reimbursements after
eligible expenses are incurred (receipts or other acceptable
proof of payment are required).
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Reimbursement is limited to a maximum of 50% of verified
eligible expenses.
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Maximum grant amount to be awarded to a single project
under the program is $50,000 (50% of $100,000 of verified
eligible expenses). The Selection Committee may recommend
grant amounts that are less than 50% of verified eligible
expenses.
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The amount of the grant award for a capital improvement
may not exceed $10,000.
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A minimum of 25% of the grant award must be applied to an
aesthetic improvement.
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The program may not be used by the same applicant to
renovate the same store front (tenant space) more than once.
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The current annual funding for the program is $50,000 per
TIF district and is subject to adjustment in conjunction
with the Village’s budget process.
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Failure to abide by the terms and conditions of this
program or any other Village of Wheeling TIF program in
which the applicant is participating will result in
forfeiture of program funding. In the event of a
default by the applicant, the Village of Wheeling reserves
the right to require repayment of any grant funds disbursed
to the applicant.
Further Information
For more information regarding the TIF District Façade and
Building Improvement Grant Program, please contact the Village
of Wheeling:
Andrew Jennings, Village Planner Village of Wheeling, Community
Development Dept., Planning Division 2 Community Boulevard, Wheeling,
IL 60090 phone: (847) 499-9061 fax: (847)
459-2656 email:
ajennings@wheelingil.gov
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