Building Improvement Grant Applications Available

The Chamber Ambassador Club and The Chamber of Commerce are offering up to $500.00 in grant funds for the purpose of repairing and improving the character of buildings located in the city of Princeton. Grants are offered to Chamber Members as one-to-one matching funds for the actual costs of qualifying projects. Funds will be offered on a first-come basis until all existing grant money is used. Although more than one project may be funded on a single property, the total of grant funds that may be obtained for a single property is limited to $500.00 in any one-year period.

The goals of the program include offering an attractive environment for visitors to Princeton, improving the business economy, adding to the pride of ownership of buildings, and generally improving the quality of life for the residents of Princeton.

In 2008, nine businesses were awarded nearly $15,000 for improvements that included roof repair, paint and drywall, new windows, and new signage. The projects that we assisted were estimated to total just over $77,000. The funds were awarded to both new start-up businesses as well as some long time Princeton business, including one not-for-profit business. For an application or more information, contact Erika at 815-875-2616, visit the Chamber web site at www.visitprinceton-il.com under the Business Development tab.