The Vibrancy Initiative is designed to enhance the city’s vitality by supporting revitalization efforts that will create jobs, reduce blight, and preserve and improve structures in our community.
Facade Improvement Grant
The Facade Improvement Grant (FIG) program helps property owners transform the facade of commercial, industrial, and mixed-use buildings. The program provides a matching grant of $10,000 to $40,000 to reimburse eligible expenses associated with a comprehensive facade improvement. Building owners are required to provide a 50% match and must either occupy the space as a business owner or actively market the space for lease.
The White Box Grant program helps property owners bring vacant commercial first-floor spaces, located in low- to moderate-income census tracts, up to current code to create a functional "white box" space ready for customization and occupancy by a business. The program provides a matching grant of $25,000 to $75,000 for first-floor, interior renovation expenses. Building owners are required to provide a 30% match and must either occupy the space as a business owner or actively market the space for lease.
The Community Reinvestment Area (CRA) program provides property tax abatement for new construction or for the rehabilitation of residential, commercial or industrial structures within pre-designated areas. The City of Toledo’s CRA program works to promote investment to properties located within neighborhoods that have experienced decline as a result of disinvestment.