Derry Commerce Corridor Facade Improvement Program

DFIP 2019

The Town of Derry is offering the Derry Commerce Corridor Façade Improvement Program to visually improve the downtown area, align with the community’s vision, and drive economic development.   Funding for the program is provided by a $250,000 allocation from the Derry Commerce Corridor Tax Increment Fund.

The program is structured as a 50/50 matching grant for improvements to the exterior of businesses located in the Derry Commerce Corridor Tax Increment Finance District 

The grant maximum is $20,000 for projects totaling $200,000 or more.  Other projects have a grant maximum of $5,000

Both existing and new businesses in the designated area may apply.  Tenants must have the property owner’s written approval to apply.

Applications are due by June 03, 2020.  Façade improvements must be completed by January 01, 2021.  Please contact elizabethrobidoux@derrynh.org with questions.

Grant Formula

50:50 matching grant for improvements totaling up to $200,000 - Grant reimbursement up to $5000

50:50 matching grant for blight removal - Grant reimbursement up to $5000

Grant for façade improvement work totaling greater than $200,000 - Grant reimbursement $20,000

Program Summary

Application

Design Criteria

Derry Commerce Corridor TIF District