CRA approves improvement matching grant in MLK corridor

Contact: LaShaun Middlebrooks Collier, Deputy Director of Communications,

Fort Myers Community Redevelopment Agency: (239) 321-7100

 

FOR IMMEDIATE RELEASE:

CRA approves improvement matching grant in MLK corridor

FORT MYERS, Fla. (May 22, 2024) – The Fort Myers Community Redevelopment Agency (CRA) recently approved a Commercial Property Improvement Matching Grant for the MLK Redevelopment Area.

The grant was approved in the not-to- exceed amount of $200,000 for New Next Level Holdings, Inc., located at 3637 Dr. Martin Luther King Jr. Blvd. The funds will be used to install new fencing, parking lot improvements, exterior painting, new directional signage, replacement of play area landscaping, new building façade and a new street sign.

With these two grants, $267,825 remains available in the Dr. MLK CPI Matching grant budget.

 

The CRA Commercial Property Improvement Grant Program is a matching grant for commercial property owners and businesses within Fort Myers redevelopment areas. The maximum potential grant available for a project is 50 percent of the total project cost, with a maximum award of $200,000. The Fort Myers CRA has offered commercial preservation incentives/grant programs since 2010 and grant awards are based on the availability of funds.

 

More information on the CRA’s Commercial Property Improvement Grant Program can be found at https://www.fortmyerscra.com/incentives/commercial-property-improvement-matching-grant